CVX vs. ENB: Chevron vs. Enbridge Stock Comparison
How do Chevron (CVX) and Enbridge (ENB) 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
Chevron (CVX) and Enbridge (ENB) both belong to the Oil, Gas & Consumable Fuels industry, though CVX is classified under Integrated Oil & Gas while ENB falls under Oil & Gas Storage & Transportation.
| Profile Item | CVX | ENB |
|---|---|---|
| Name | Chevron Corp. | Enbridge Inc. |
| Country/Region | United States | Canada |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Oil & Gas Storage & Transportation |
| Market Capitalization | 409.19 billion USD | 109.40 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | March 15, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVX | ENB |
|---|---|---|
| Total Return (1Y) | 37.50% | 8.21% |
| Total Return (3Y, Annualized) | 12.91% | 18.82% |
| Total Return (5Y, Annualized) | 21.19% | 11.11% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CVX | ENB |
|---|---|---|
| Volatility (1Y, Annualized) | 23.55% | 17.28% |
| Beta (5Y) | 0.53 | 0.59 |
| Max Drawdown (5Y) | -24.95% | -28.31% |
| Avg. Volume (3M) | 8.37M | 4.39M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVX | ENB |
|---|---|---|
| Sharpe Ratio (1Y) | 1.42 | 0.24 |
| Sortino Ratio (1Y) | 2.09 | 0.34 |
Profitability
ROE (TTM)
Both Chevron (CVX) at 12.23% and Enbridge (ENB) at 9.22% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CVX
Energy industry group
12.23%
- Max
- 42.10%
- Q3
- 20.91%
- CVX
- 12.23%
- Median
- 11.24%
- Q1
- 1.52%
- Min
- -26.68%
ENB
Energy industry group
9.22%
- Max
- 42.10%
- Q3
- 20.91%
- Median
- 11.24%
- ENB
- 9.22%
- Q1
- 1.52%
- Min
- -26.68%
Net Margin (TTM)
Both Chevron (CVX) at 9.83% and Enbridge (ENB) at 7.34% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CVX
Energy industry group
9.83%
- Max
- 54.76%
- Q3
- 22.09%
- CVX
- 9.83%
- Median
- 8.01%
- Q1
- 0.05%
- Min
- -31.11%
ENB
Energy industry group
7.34%
- Max
- 54.76%
- Q3
- 22.09%
- Median
- 8.01%
- ENB
- 7.34%
- Q1
- 0.05%
- Min
- -31.11%
Operating Margin (TTM)
Both Chevron (CVX) at 21.87% and Enbridge (ENB) at 10.16% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CVX
Energy industry group
21.87%
- Max
- 83.65%
- Q3
- 43.89%
- Median
- 22.45%
- CVX
- 21.87%
- Q1
- 8.51%
- Min
- -9.47%
ENB
Energy industry group
10.16%
- Max
- 83.65%
- Q3
- 43.89%
- Median
- 22.45%
- ENB
- 10.16%
- Q1
- 8.51%
- Min
- -9.47%
Profitability Metrics
| Metric | CVX | ENB |
|---|---|---|
| ROE (TTM) | 12.23% | 9.22% |
| ROA (TTM) | 5.86% | 3.29% |
| Net Margin (TTM) | 9.83% | 7.34% |
| Operating Margin (TTM) | 21.87% | 10.16% |
| Gross Margin (TTM) | 44.27% | 32.59% |
Growth
Revenue Growth
Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Chevron (CVX) at -4.64% is closer to the peer norm — faster top-line expansion for ENB.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while Chevron (CVX) at -31.79% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | CVX | ENB |
|---|---|---|
| Revenue Growth (YoY) | -4.64% | 21.92% |
| Revenue Growth (3Y CAGR) | -7.85% | 6.94% |
| EPS Growth (YoY) | -31.79% | 37.61% |
| EPS Growth (3Y CAGR) | -28.69% | 36.00% |
Financial Strength
Current Ratio (MRQ)
Chevron (CVX) at 1.25 keeps current ratio within its industry’s typical mid-range, while Enbridge (ENB) at 0.72 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ENB.
CVX
Energy industry group
1.25
- Max
- 4.12
- Q3
- 2.27
- Median
- 1.46
- CVX
- 1.25
- Q1
- 0.90
- Min
- 0.24
ENB
Energy industry group
0.72
- Max
- 4.12
- Q3
- 2.27
- Median
- 1.46
- Q1
- 0.90
- ENB
- 0.72
- Min
- 0.24
Debt / Equity (MRQ)
Chevron (CVX) at 0.19 keeps leverage in the lower quartile, while Enbridge (ENB) at 1.63 sits in the higher-leverage quartile.
CVX
Energy industry group
0.19
- Max
- 2.00
- Q3
- 0.98
- Median
- 0.56
- Q1
- 0.27
- CVX
- 0.19
- Min
- 0.00
ENB
Energy industry group
1.63
- Max
- 2.00
- ENB
- 1.63
- Q3
- 0.98
- Median
- 0.56
- Q1
- 0.27
- Min
- 0.00
Financial Strength Metrics
| Metric | CVX | ENB |
|---|---|---|
| Current Ratio (MRQ) | 1.25 | 0.72 |
| Debt / Equity (MRQ) | 0.19 | 1.63 |
| Net Debt / EBITDA | 0.56 | 6.33 |
Dividends
Dividend Yield (TTM)
Both Chevron (CVX) at 3.30% and Enbridge (ENB) at 7.58% offer top-quartile dividend income relative to share price within their industries.
CVX
Energy industry group
3.30%
- Max
- 7.75%
- CVX
- 3.30%
- Q3
- 3.24%
- Median
- 1.40%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
7.58%
- Max
- 7.75%
- ENB
- 7.58%
- Q3
- 3.24%
- Median
- 1.40%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Chevron (CVX) reports 67.18%, ranking against industry peers normally.
CVX
Energy industry group
67.18%
- Max
- 123.08%
- CVX
- 67.18%
- Q3
- 52.71%
- Median
- 26.57%
- Q1
- 0.00%
- Min
- 0.00%
ENB
Energy industry group
147.68%
- ENB
- 147.68%
- Max
- 123.08%
- Q3
- 52.71%
- Median
- 26.57%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVX | ENB |
|---|---|---|
| Dividend Yield (TTM) | 3.30% | 7.58% |
| Dividend Payout Ratio (TTM) | 67.18% | 147.68% |
Valuation
P/E Ratio (TTM)
Both Chevron (CVX) at 20.08 and Enbridge (ENB) at 26.79 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
CVX
Energy industry group
20.08
- Max
- 53.58
- Q3
- 27.49
- CVX
- 20.08
- Median
- 15.20
- Q1
- 9.32
- Min
- 2.53
ENB
Energy industry group
26.79
- Max
- 53.58
- Q3
- 27.49
- ENB
- 26.79
- Median
- 15.20
- Q1
- 9.32
- Min
- 2.53
P/S Ratio (TTM)
On P/S ratio, both Chevron (CVX) at 1.95 and Enbridge (ENB) at 1.31 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
CVX
Energy industry group
1.95
- Max
- 5.30
- Q3
- 3.07
- CVX
- 1.95
- Median
- 1.91
- Q1
- 1.06
- Min
- 0.00
ENB
Energy industry group
1.31
- Max
- 5.30
- Q3
- 3.07
- Median
- 1.91
- ENB
- 1.31
- Q1
- 1.06
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Chevron (CVX) at 2.15 and Enbridge (ENB) at 2.60 are valued close to their industries’ norm against book — neither stands out from peers.
CVX
Energy industry group
2.15
- Max
- 4.75
- Q3
- 2.75
- CVX
- 2.15
- Median
- 1.87
- Q1
- 1.32
- Min
- 0.01
ENB
Energy industry group
2.60
- Max
- 4.75
- Q3
- 2.75
- ENB
- 2.60
- Median
- 1.87
- Q1
- 1.32
- Min
- 0.01
Valuation Metrics
| Metric | CVX | ENB |
|---|---|---|
| P/E Ratio (TTM) | 20.08 | 26.79 |
| P/S Ratio (TTM) | 1.95 | 1.31 |
| P/B Ratio (MRQ) | 2.15 | 2.60 |
| Free Cash Flow Yield (TTM) | 5.36% | -0.97% |