Seek Returns

CVE vs. VLO: Cenovus Energy vs. Valero Energy Stock Comparison

How do Cenovus Energy (CVE) and Valero Energy (VLO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Cenovus Energy (CVE) and Valero Energy (VLO) both belong to the Oil, Gas & Consumable Fuels industry, though CVE is classified under Integrated Oil & Gas while VLO falls under Oil & Gas Refining & Marketing.

Company profile comparison for Cenovus Energy (CVE) and Valero Energy (VLO)
Profile ItemCVEVLO
NameCenovus Energy Inc.Valero Energy Corporation
Country/RegionCanadaUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasOil & Gas Refining & Marketing
Market Capitalization49.61 billion USD96.62 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 17, 2009January 4, 1982
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVE
VLO
GSPC
Loading price history…
Cenovus Energy (CVE) vs. Valero Energy (VLO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Cenovus Energy (CVE) and Valero Energy (VLO). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Cenovus Energy (CVE) and Valero Energy (VLO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
Total Return (1Y)60.99%107.71%
Total Return (3Y, Annualized)19.41%47.89%
Total Return (5Y, Annualized)18.63%39.74%

Risk Profile

Drawdown History

CVE
VLO
GSPC
Loading price history…
Cenovus Energy (CVE) vs. Valero Energy (VLO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Cenovus Energy (CVE) and Valero Energy (VLO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
Volatility (1Y, Annualized)37.47%39.31%
Beta (5Y)0.430.60
Max Drawdown (5Y)-53.51%-41.22%
Avg. Volume (3M)6.90M3.05M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
CVE and VLO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
Sharpe Ratio (1Y)1.512.63
Sortino Ratio (1Y)2.204.08

Profitability

ROE (TTM)

Both Cenovus Energy (CVE) at 27.44% and Valero Energy (VLO) at 46.87% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

CVE

Energy industry group

27.44%

Max
53.85%
CVE
27.44%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%

VLO

Energy industry group

46.87%

Max
53.85%
VLO
46.87%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Cenovus Energy (CVE) at 15.42% and Valero Energy (VLO) at 8.83% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVE

Energy industry group

15.42%

Max
56.92%
Q3
22.92%
CVE
15.42%
Median
10.10%
Q1
0.07%
Min
-27.38%

VLO

Energy industry group

8.83%

Max
56.92%
Q3
22.92%
Median
10.10%
VLO
8.83%
Q1
0.07%
Min
-27.38%
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Cenovus Energy (CVE) at 26.58% and Valero Energy (VLO) at 20.47% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVE

Energy industry group

26.58%

Max
71.31%
Q3
33.75%
CVE
26.58%
Median
18.73%
Q1
6.94%
Min
-24.52%

VLO

Energy industry group

20.47%

Max
71.31%
Q3
33.75%
VLO
20.47%
Median
18.73%
Q1
6.94%
Min
-24.52%
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
ROE (TTM)27.44%46.87%
ROA (TTM)12.05%17.68%
Net Margin (TTM)15.42%8.83%
Operating Margin (TTM)26.58%20.47%
Gross Margin (TTM)33.92%19.52%

Growth

Revenue Growth

Valero Energy (VLO) at -5.54% is around its peer norm for revenue growth, while Cenovus Energy (CVE) at -8.62% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Cenovus Energy (CVE) at 28.74% sits in the top EPS growth quartile, while Valero Energy (VLO) at -11.77% is closer to the peer norm — faster per-share earnings growth for CVE.

Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
Revenue Growth (YoY)-8.62%-5.54%
Revenue Growth (3Y CAGR)-9.75%-11.40%
EPS Growth (YoY)28.74%-11.77%
EPS Growth (3Y CAGR)-12.42%-36.12%

Financial Strength

Current Ratio (MRQ)

Both Cenovus Energy (CVE) at 1.64 and Valero Energy (VLO) at 1.72 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

CVE

Energy industry group

1.64

Max
3.64
Q3
2.21
CVE
1.64
Median
1.41
Q1
0.88
Min
0.24

VLO

Energy industry group

1.72

Max
3.64
Q3
2.21
VLO
1.72
Median
1.41
Q1
0.88
Min
0.24
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Cenovus Energy (CVE) at 0.33 and Valero Energy (VLO) at 0.35 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CVE

Energy industry group

0.33

Max
1.75
Q3
0.93
Median
0.54
CVE
0.33
Q1
0.30
Min
0.00

VLO

Energy industry group

0.35

Max
1.75
Q3
0.93
Median
0.54
VLO
0.35
Q1
0.30
Min
0.00
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
Current Ratio (MRQ)1.641.72
Debt / Equity (MRQ)0.330.35
Net Debt / EBITDA0.350.06

Dividends

Dividend Yield (TTM)

Both Cenovus Energy (CVE) at 3.04% and Valero Energy (VLO) at 1.35% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

CVE

Energy industry group

3.04%

Max
8.57%
Q3
3.58%
CVE
3.04%
Median
1.71%
Q1
0.00%
Min
0.00%

VLO

Energy industry group

1.35%

Max
8.57%
Q3
3.58%
Median
1.71%
VLO
1.35%
Q1
0.00%
Min
0.00%
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Cenovus Energy (CVE) at 22.84% and Valero Energy (VLO) at 10.76% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

CVE

Energy industry group

22.84%

Max
133.24%
Q3
53.31%
Median
25.24%
CVE
22.84%
Q1
0.00%
Min
0.00%

VLO

Energy industry group

10.76%

Max
133.24%
Q3
53.31%
Median
25.24%
VLO
10.76%
Q1
0.00%
Min
0.00%
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
Dividend Yield (TTM)3.04%1.35%
Dividend Payout Ratio (TTM)22.84%10.76%

Valuation

P/E Ratio (TTM)

Both Cenovus Energy (CVE) at 10.56 and Valero Energy (VLO) at 7.88 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

CVE

Energy industry group

10.56

Max
39.54
Q3
21.72
Median
12.19
CVE
10.56
Q1
7.71
Min
2.99

VLO

Energy industry group

7.88

Max
39.54
Q3
21.72
Median
12.19
VLO
7.88
Q1
7.71
Min
2.99
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Both Cenovus Energy (CVE) at 0.88 and Valero Energy (VLO) at 0.66 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

CVE

Energy industry group

0.88

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
CVE
0.88
Min
0.00

VLO

Energy industry group

0.66

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
VLO
0.66
Min
0.00
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Cenovus Energy (CVE) at 1.98 is valued about in line with its industry on P/B ratio, while Valero Energy (VLO) at 3.45 carries an above-peer premium to book — VLO is pricier on assets.

CVE

Energy industry group

1.98

Max
4.21
Q3
2.38
CVE
1.98
Median
1.51
Q1
1.08
Min
0.01

VLO

Energy industry group

3.45

Max
4.21
VLO
3.45
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
Loading chart…
Cenovus Energy (CVE) vs. Valero Energy (VLO): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Cenovus Energy (CVE) and Valero Energy (VLO)
MetricCVEVLO
P/E Ratio (TTM)10.567.88
P/S Ratio (TTM)0.880.66
P/B Ratio (MRQ)1.983.45
Free Cash Flow Yield (TTM)20.71%13.02%