DraftKings Inc vs Devon Energy Corp — how do they compare? DraftKings Inc trades at $25.15 (market cap $12.58B), while Devon Energy Corp trades at $45.13 (market cap $49.94B). The key difference: Devon Energy Corp is far larger — about 4× DraftKings Inc's market cap, and Devon Energy Corp pays a 2.82% dividend while DraftKings Inc pays none. Which is the better fit depends on your goals.
| DKNG | DVN | |
|---|---|---|
Market Cap | $12.58B | $49.94B |
Sector | Consumer Cyclical | Energy |
52-Week High | $48.23 | $52.07 |
52-Week Low | $20.72 | $31.74 |
Enterprise Value | $13.51B | $60.68B |
Dividend Yield | — | 2.82% |
Trailing returns across standard periods
Latest headlines on both assets
DraftKings Inc is a digital sports entertainment and gaming company. The company provides users with daily fantasy sports (DFS), sports betting, and iGaming opportunities and is also involved in the design & development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. It operates in two segments: Business-to-consumer(B2C) and Business-to-Business(B2B), of which the vast majority of its revenue comes from the B2C segment. Geographically, it derives most of its revenue from the United States.
Read more on DKNG →Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2021, Devon's proved reserves totaled 1.6 billion barrels of oil equivalent, and net production that year was 572 thousand boe/d, of which oil and natural gas liquids made up 74% of production, with natural gas accounting for the remainder.
Read more on DVN →