Devon Energy Corp vs Otis Worldwide Corp — how do they compare? Devon Energy Corp trades at $42.8 (market cap $50.44B), while Otis Worldwide Corp trades at $72.05 (market cap $27.84B). The key difference: Devon Energy Corp is the larger of the two by market cap, and Devon Energy Corp pays the higher dividend (2.38%). Which is the better fit depends on your goals.
| DVN | OTIS | |
|---|---|---|
Market Cap | $50.44B | $27.84B |
Sector | Energy | Industrials |
52-Week High | $52.07 | $101.07 |
52-Week Low | $31.74 | $69.34 |
Enterprise Value | $57.22B | $35.23B |
Dividend Yield | 2.38% | 2.34% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.
Read more on OTIS →