Head to Head Contrast: Altex Industries (OTCMKTS:ALTX) versus Devon Energy (NYSE:DVN)

Altex Industries (OTCMKTS:ALTXGet Free Report) and Devon Energy (NYSE:DVNGet Free Report) are both energy companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, dividends, risk, profitability, valuation and earnings.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Altex Industries and Devon Energy, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Altex Industries 0 0 0 0 0.00
Devon Energy 0 10 16 0 2.62

Devon Energy has a consensus target price of $44.15, indicating a potential upside of 21.25%. Given Devon Energy’s stronger consensus rating and higher possible upside, analysts plainly believe Devon Energy is more favorable than Altex Industries.

Risk and Volatility

Altex Industries has a beta of 0.23, suggesting that its stock price is 77% less volatile than the S&P 500. Comparatively, Devon Energy has a beta of 1.09, suggesting that its stock price is 9% more volatile than the S&P 500.

Valuation and Earnings

This table compares Altex Industries and Devon Energy”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Altex Industries $20,000.00 190.91 $440,000.00 ($0.01) -34.00
Devon Energy $15.94 billion 1.45 $2.89 billion $4.46 8.16

Devon Energy has higher revenue and earnings than Altex Industries. Altex Industries is trading at a lower price-to-earnings ratio than Devon Energy, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Altex Industries and Devon Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Altex Industries -866.67% -16.81% -8.73%
Devon Energy 16.57% 18.59% 8.95%

Insider and Institutional Ownership

69.7% of Devon Energy shares are owned by institutional investors. 49.8% of Altex Industries shares are owned by insiders. Comparatively, 0.7% of Devon Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Devon Energy beats Altex Industries on 12 of the 14 factors compared between the two stocks.

About Altex Industries

(Get Free Report)

Altex Industries, Inc., through its subsidiary, Altex Oil Corporation, owns interests in productive onshore oil and gas properties located in Utah and Wyoming. The company was incorporated in 1985 and is based in Denver, Colorado.

About Devon Energy

(Get Free Report)

Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins. The company was founded in 1971 and is headquartered in Oklahoma City, Oklahoma.

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