WallStSmart

Black Stone Minerals LP (BSM)vsDevon Energy Corporation (DVN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Devon Energy Corporation generates 4334% more annual revenue ($18.78B vs $423.60M). BSM leads profitability with a 66.9% profit margin vs 17.5%. BSM appears more attractively valued with a PEG of 1.37. DVN earns a higher WallStSmart Score of 79/100 (B+).

BSM

Buy

65

out of 100

Grade: C+

Growth: 3.3Profit: 9.5Value: 5.3Quality: 7.3
Piotroski: 3/9

DVN

Strong Buy

79

out of 100

Grade: B+

Growth: 7.3Profit: 7.0Value: 4.7Quality: 5.5
Piotroski: 3/9Altman Z: 1.99
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BSMSignificantly Overvalued (-53.5%)

Margin of Safety

-53.5%

Fair Value

$9.90

Current Price

$14.76

$4.86 premium

UndervaluedFair: $9.90Overvalued
DVNSignificantly Overvalued (-38.6%)

Margin of Safety

-38.6%

Fair Value

$34.33

Current Price

$47.59

$13.26 premium

UndervaluedFair: $34.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BSM5 strengths · Avg: 9.2/10
Profit MarginProfitability
66.9%10/10

Keeps 67 of every $100 in revenue as profit

Operating MarginProfitability
95.4%10/10

Strong operational efficiency at 95.4%

Return on EquityProfitability
27.8%9/10

Every $100 of equity generates 28 in profit

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

P/E RatioValuation
12.4x8/10

Attractively priced relative to earnings

DVN6 strengths · Avg: 9.7/10
P/E RatioValuation
10.6x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
41.1%10/10

Strong operational efficiency at 41.1%

Revenue GrowthGrowth
64.2%10/10

Revenue surging 64.2% year-over-year

Market CapQuality
$53.47B9/10

Large-cap with strong market position

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

Areas to Watch

BSM2 concerns · Avg: 2.5/10
Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

EPS GrowthGrowth
-12.0%2/10

Earnings declined 12.0%

DVN4 concerns · Avg: 3.0/10
Altman Z-ScoreHealth
1.994/10

Grey zone — moderate risk

Return on EquityProfitability
7.9%3/10

ROE of 7.9% — below average capital efficiency

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
2.932/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : BSM

The strongest argument for BSM centers on Profit Margin, Operating Margin, Return on Equity. Profitability is solid with margins at 66.9% and operating margin at 95.4%. Revenue growth of 13.2% demonstrates continued momentum.

Bull Case : DVN

The strongest argument for DVN centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 17.5% and operating margin at 41.1%. Revenue growth of 64.2% demonstrates continued momentum.

Bear Case : BSM

The primary concerns for BSM are Piotroski F-Score, EPS Growth.

Bear Case : DVN

The primary concerns for DVN are Altman Z-Score, Return on Equity, Piotroski F-Score.

Key Dynamics to Monitor

BSM profiles as a mature stock while DVN is a growth play — different risk/reward profiles.

DVN carries more volatility with a beta of 0.43 — expect wider price swings.

DVN is growing revenue faster at 64.2% — sustainability is the question.

BSM generates stronger free cash flow (86M), providing more financial flexibility.

Bottom Line

DVN scores higher overall (79/100 vs 65/100), backed by strong 17.5% margins and 64.2% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Black Stone Minerals LP

ENERGY · OIL & GAS E&P · USA

Black Stone Minerals, LP, owns and manages oil and natural gas mining interests. The company is headquartered in Houston, Texas.

Devon Energy Corporation

ENERGY · OIL & GAS E&P · USA

Devon Energy Corporation is an American energy company engaged in hydrocarbon exploration in the American market.

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