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Compare Stocks › DVN vs OXY

Devon Energy Corporation (DVN) vs Occidental Petroleum Corporation (OXY)

DVN
Devon Energy Corporation
$50.56
VS
OXY
Occidental Petroleum Corporation
$58.71

Rewards

DVN
  • ★Devon Energy Corporation has maintained ROIC above 10% for 4 consecutive years, suggesting solid business economics.
  • ★FCF yield of 8.9% is historically attractive — the business generates significant cash relative to its price.
OXY
  • ★Gross margin of 69.8% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • ★Dividend yield of 1.77% with a consistent or growing payout over the past 4 years.

Risks

DVN
  • ⚠Trailing P/E of 12.1x is 60% above the historical average of 7.6x — the stock trades at a premium to its own history.
  • ⚠PEG ratio of 2.92 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
  • ⚠Free cash flow has declined at a 6.3% CAGR over the past 4 years — a concerning trend.
OXY
  • ⚠ROIC has declined by 16.3 percentage points over the observed period, which may signal competitive erosion.
  • ⚠Occidental Petroleum Corporation scores only 14/100 on the Economic Moat Score, suggesting limited durable competitive advantages.
  • ⚠Buybacks have been poorly timed — 2 out of 3 years involved repurchases at relatively expensive valuations.

Key Valuation Metrics

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DVN
OXY
Valuation
$2.80B
Free Cash Flow
$4.11B
8.90%
FCF Yield
7.05%
12.12
Trailing P/E
43.49
9.26
Forward P/E
16.39
Quality & Moat
11.85%
ROIC
2.93%
17.01%
ROE
4.50%
47.70%
Gross Margin
69.82%
2.92
PEG Ratio
1.29
Balance Sheet Safety
0.56
Debt / Equity
0.64
N/A
Interest Coverage
N/A
0.98
Net Debt / EBITDA
1.90
1.90%
Dividend Yield
1.77%
DVN: 8Ties: 1OXY: 3
DVNOXY

Historical Fundamentals

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DVN

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

OXY

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

$1 Retained Earnings Test

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DVN
$-2.96
created per $1 retained over 3 years
Market Cap Declined
Σ Retained
$5.87B
Δ Market Cap
$-17.38B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
OXY
$-2.84
created per $1 retained over 3 years
Market Cap Declined
Σ Retained
$5.67B
Δ Market Cap
$-16.14B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Discounted Cash Flow (DCF) Analysis

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DVN
11.5% Margin of Safety
Price is 11.5% below estimated fair value
Current Price: $50.56
Fair Value: $57.15
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
OXY
40.4% Overvalued
Price is 40.4% above estimated fair value
Current Price: $58.71
Fair Value: $41.81
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued

Reverse DCF — Market-Implied Growth

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DVN

What growth rate is the market pricing in at $51?

+2.7%
Market-Implied FCF Growth Rate

Market above historical growth — verify catalysts.

OXY

What growth rate is the market pricing in at $59?

+7.3%
Market-Implied FCF Growth Rate

Market pricing in significantly higher growth than history — aggressive.

Economic Moat Score

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DVN
42/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None

Narrow moat with roic consistency as the key competitive advantage. Improving reinvestment efficiency would strengthen the moat.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
OXY
14/100
No Moat
70+ Wide · 40-69 Narrow · <40 None

No durable competitive advantage detected. The business shows limited evidence of pricing power, consistent returns, or capital efficiency.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

Forensic Accounting

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DVN
-3.01
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
OXY
-2.90
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Ownership Breakdown

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DVN
Insiders 0.8%Institutions 83.4%Retail & Other 15.8%
No. of Institutional Holders1,561
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
OXY
Insiders 27.0%Institutions 51.7%Retail & Other 21.3%
No. of Institutional Holders1,539
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

Insider Buying Activity

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DVN
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
OXY
0
Buys (3M)
1
Buys (12M)
Total value (12M): $194,900
KLESSE WILLIAM ROBERT
Director
$194,900
@ $38.98 · 2025-12-16
BERKSHIRE HATHAWAY INC
Beneficial Owner of more than 10% of a Class of Security
$35.72M
@ $46.82 · 2025-02-07
BERKSHIRE HATHAWAY INC
Beneficial Owner of more than 10% of a Class of Security
$409.15M
@ $45.99 · 2024-12-19
BERKSHIRE HATHAWAY INC
Beneficial Owner of more than 10% of a Class of Security
$175.98M
@ $59.70 · 2024-06-17
BERKSHIRE HATHAWAY INC
Beneficial Owner of more than 10% of a Class of Security
$105.55M
@ $60.30 · 2024-06-12
BERKSHIRE HATHAWAY INC
Beneficial Owner of more than 10% of a Class of Security
$153.29M
@ $59.75 · 2024-06-07
Open market purchases · includes direct & indirect ownership · excludes option exercises

Open market purchases · includes direct & indirect ownership · excludes option exercises.

Insider Selling Activity

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DVN
0
Sells (3M)
1
Sells (12M)
Total value (12M): $257,140
KINDICK KELT
Director
$257,140
@ $33.46 · 2025-08-11
CASHION TANA K
Officer
$1.02M
@ $51.04 · 2024-05-07
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
OXY
0
Sells (3M)
0
Sells (12M)
No open market insider sales found.
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

🎭 Mr. Market's Mood

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DVN
FearGreed
😏Greed(64/100)

"Market is optimistic — be cautious and ensure you have a margin of safety"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
OXY
FearGreed
😐Neutral(58/100)

"Market is pricing this stock without strong emotion in either direction"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

⚖️ Buffett Signal

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DVN
⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Greed (64)
OXY
⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Neutral (58)
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