DVN vs CVE

Comparison between Devon Energy Corp (DVN, Company) and Cenovus Energy Inc (CVE, Company).

Both DVN and CVE are from the Energy sector.

5-Year PerformanceCVE has outperformed DVN, delivering a return of +33.1% compared to +17.4%

DVN vs CVE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DVN(COMPANY)	CVE(COMPANY)
Market Cap	$55B	$54B
Max Drawdown	95.65%	96.02%
Sharpe Ratio	1.11	2.21
5Y Beta	0.78	0.80
Industry	Oil & Gas E&p	Oil & Gas Integrated
P/E Ratio	25.84	15.90
Forward P/E	8.17	8.83
PEG Ratio	N/A	0.24
Dividend Yield	2.19%	2.83%
5Y Dividends CAGR	-6.56%	84.21%
5Y EPS CAGR	-6.52%	N/A
Debt to Equity	54.36%	42.29%
Free Cash Flow Yield	11.62%	5.80%

Market Cap

Winner

DVN

$55B

CVE

$54B

Max Drawdown

Winner

DVN

95.65%

CVE

96.02%

Sharpe Ratio

DVN

1.11

Winner

CVE

2.21

5Y Beta

Winner

DVN

0.78

CVE

0.80

Industry

DVN

Oil & Gas E&p

CVE

Oil & Gas Integrated

P/E Ratio

DVN

25.84

Winner

CVE

15.90

Forward P/E

Winner

DVN

8.17

CVE

8.83

PEG Ratio

DVN

N/A

CVE

0.24

Dividend Yield

DVN

2.19%

Winner

CVE

2.83%

5Y Dividends CAGR

DVN

-6.56%

Winner

CVE

84.21%

5Y EPS CAGR

DVN

-6.52%

CVE

N/A

Debt to Equity

DVN

54.36%

Winner

CVE

42.29%

Free Cash Flow Yield

Winner

DVN

11.62%

CVE

5.80%

DVN vs CVE - Historical Returns

Returns include dividend reinvestment.

Period	DVN	CVE
1 month	+4.39%	+15.46%
3 months	-5.24%	+13.01%
6 months	+18.70%	+60.26%
1 year	+39.88%	+109.06%
5 years(CAGR)	+17.42%	+33.13%
10 years(CAGR)	+5.61%	+9.98%
Max(CAGR)	+5.24%	+3.71%

DVN

+4.39%

Winner

CVE

+15.46%

DVN

-5.24%

Winner

CVE

+13.01%

DVN

+18.70%

Winner

CVE

+60.26%

DVN

+39.88%

Winner

CVE

+109.06%

5Y(CAGR)

DVN

+17.42%

Winner

CVE

+33.13%

10Y(CAGR)

DVN

+5.61%

Winner

CVE

+9.98%

Max(CAGR)

Winner

DVN

+5.24%

CVE

+3.71%

DVN vs CVE - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DVN	CVE
2026	+21.11%	+71.60%
2025	+12.72%	+14.53%
2024	-26.10%	-5.45%
2023	-18.64%	-6.75%
2022	+46.03%	+56.46%
2021	+194.20%	+100.10%
2020	-34.82%	-39.41%
2019	+13.42%	+42.28%
2018	-46.16%	-26.42%
2017	-11.48%	-38.78%
2016	+43.30%	+23.43%
2015	-46.38%	-35.68%
2014	+1.53%	-23.99%
2013	+19.72%	-13.39%
2012	-20.23%	-0.11%
2011	-20.46%	+1.74%
2010	+3.49%	+28.53%
2009	+8.50%	+1.62%
2008	-27.84%	N/A
2007	+38.08%	N/A
2006	+4.47%	N/A
2005	+69.04%	N/A
2004	+36.74%	N/A
2003	+21.03%	N/A
2002	+20.66%	N/A
2001	-34.28%	N/A
2000	+89.00%	N/A
1999	-15.30%	N/A

DVN vs CVE Drawdown Comparison

The maximum drawdown for DVN was -94.93%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for CVE was -94.85%, occurring on Mar 18, 2020. Recovery took 3713 trading sessions.

The current DVN drawdown is -41.52%. The current CVE drawdown is -6.00%.

Rank	DVN	CVE
#1	-94.93% May 20, 2008 - Mar 18, 2020	-94.85% Jul 22, 2011 - Apr 29, 2026
#2	-52.94% Mar 9, 2001 - Jun 23, 2004	-22.95% May 19, 2026 - Jul 6, 2026
#3	-29.66% Sep 29, 2005 - Sep 5, 2006	-18.93% Apr 14, 2010 - Oct 13, 2010
#4	-28.49% Jun 14, 2000 - Aug 23, 2000	-16.58% Apr 8, 2011 - Jul 22, 2011
#5	-26.25% Nov 18, 1999 - Mar 7, 2000	-12.97% Jan 4, 2010 - Apr 1, 2010
#6	-23.05% Oct 12, 2000 - Mar 8, 2001	-10.99% Mar 2, 2011 - Apr 1, 2011
#7	-17.80% Sep 5, 2006 - Nov 29, 2006	-9.62% Nov 27, 2009 - Jan 4, 2010
#8	-15.56% Apr 1, 2005 - Jun 20, 2005	-7.42% Oct 13, 2010 - Nov 11, 2010
#9	-15.07% Oct 29, 2007 - Feb 11, 2008	-6.73% May 5, 2026 - May 15, 2026
#10	-14.20% Dec 5, 2006 - Apr 10, 2007	-6.40% Nov 11, 2010 - Dec 2, 2010
#11	-12.83% Jun 18, 2007 - Sep 19, 2007	-5.81% Jan 4, 2011 - Jan 31, 2011
#12	-11.52% Nov 30, 2004 - Feb 1, 2005	-3.73% Dec 6, 2010 - Dec 21, 2010
#13	-9.68% Apr 3, 2000 - May 5, 2000	-3.53% Apr 5, 2010 - Apr 9, 2010
#14	-9.06% Feb 28, 2008 - Mar 26, 2008	-2.66% Apr 1, 2011 - Apr 8, 2011
#15	-9.03% Apr 22, 2008 - May 16, 2008	-1.50% Jan 31, 2011 - Feb 10, 2011

Correlation

Correlation between DVN and CVE is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (1999 - 2026)

DVN vs CVE dividend yield comparison.

Year	DVN	CVE
2026	1.24%	1.02%
2025	2.62%	3.32%
2024	4.43%	3.92%
2023	4.55%	2.33%
2022	8.41%	1.81%
2021	5.24%	0.56%
2020	4.30%	0.75%
2019	1.35%	1.58%
2018	1.33%	2.34%
2017	0.58%	2.19%
2016	0.92%	1.32%
2015	3.00%	6.75%
2014	1.54%	5.16%
2013	1.39%	3.38%
2012	1.54%	2.62%
2011	1.08%	2.41%
2010	0.82%	2.41%
2009	0.87%	0.79%
2008	0.97%	0.00%
2007	0.63%	0.00%
2006	0.67%	0.00%
2005	0.48%	0.00%
2004	0.51%	0.00%
2003	0.35%	0.00%
2002	0.44%	0.00%
2001	0.39%	0.00%
2000	0.33%	0.00%
1999	0.15%	0.00%