CLNE vs CVE Stock Comparison

Clean Energy Fuels and Cenovus Energy Prices as of Oct 26, 2026 Peers: Industry group
CVE Cenovus Energy Inc.
$33.18 +7.2% 1M +94.3% 1Y
Market cap
$57.20B
P/E
15.8x
Revenue (TTM)
—
Div. yield
–
Integrated Oil and Gas Energy
5 wins

Head to Head

6 decided of 12

Cenovus Energy leads on 5 of the 12 questions below (Cenovus Energy 5, Clean Energy Fuels 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLNECVELeader
Larger companyMarket capitalisation $320.47M $57.20B CVE
Cheaper on earningsLower P/E, profitable companies only -3.4x 15.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 7.8x –
Faster revenue growthRevenue growth, trailing twelve months +5.2% — –
More profitableNet margin, trailing twelve months -21.3% — –
Better return on capitalReturn on invested capital -4.1% — –
Less leveragedLower net debt / EBITDA 3.3x 0.7x CVE
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -52.6% +94.3% CVE
Better 5-year returnAnnualised price return, 5 years -29.7%/yr +23.6%/yr CVE
Less volatileAnnualised volatility, 1 year 53.8% 35.9% CVE
Higher overall scoreMean of the five percentile scores vs peers 65/100 54/100 CLNE

Percentile Scorecard

CLNECVE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLNECVE
Valuation 90 #2 of 11 45 #55 of 99
Growth 60 #5 of 11 44 #55 of 97
Profitability 50 #5 of 9 92 #9 of 96
Financial Health 60 #5 of 11 58 #43 of 102
Shareholder Returns – 33 #51 of 76
Overall 65 54
  • CLNE ranked among 11 companies in Renewable Fuels
  • CVE ranked among 103 companies in Oil and Gas Upstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLNECVESPY
1 month -9.4%+7.2% -0.8%
3 months -26.0%+18.3% +3.5%
6 months -34.4%+23.9% +7.0%
Year to date -31.0%+96.1% +12.2%
1 year -52.6%+94.3% +13.0%
3 years -56.8%+71.5% +86.3%
3 years, per year -24.4%+19.7% +23.1%
5 years -82.8%+188.3% +68.6%
5 years, per year -29.7%+23.6% +11.0%
10 years -66.0%+119.6% +258.0%
10 years, per year -10.2%+8.2% +13.6%

Risk

MeasureCLNECVESPY
Volatility, 1Y 53.8%35.9% 12.7%
Downside volatility, 1Y 59.0%34.9% 12.7%
Beta vs S&P 500, 1Y -0.14-0.33 1.00
Return / volatility, 1Y -0.982.63 1.02
Max drawdown, 5Y -86.2%-57.2% -25.4%
From 52-week high -51.5%-0.8% -1.8%
52-week high $2.99$33.46 $779.14
52-week low $1.35$15.85 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLNECVE
P/E now vs peer median -3.4xmedian 10.9x 16.6xmedian 13.5x
P/S now vs peer median 0.7xmedian 1.2x 1.8xmedian 2.1x
EV/EBITDA now vs peer median 15.3xmedian 14.0x 7.5xmedian 5.9x
P/FCF now vs peer median 14.0xmedian 14.0x 10.6xmedian 11.0x
P/B now vs peer median 0.6xmedian 1.2x 2.7xmedian 1.5x
PEG now vs peer median 0.44median 0.19 -1.22median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLNECVE
Revenue $442.37M –
Gross profit $121.76M –
Operating income -$32.36M $4.67B
Net income -$94.76M $3.61B
Free cash flow $22.86M –
R&D – $31.67M
EPS (diluted) $-0.43 $1.98
Cash & equivalents $59.15M $2.00B
Total debt $229.02M $14.38B
Shares (diluted) 220.26M 1.82B
Enterprise value -$340.67M $48.91B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLNECVE
P/E -3.4x 16.6x
P/FCF 14.0x 10.6x
P/Operating cash flow 6.9x –
P/S 0.7x 1.8x
P/B 0.6x 2.7x
P/Tangible book 0.6x 2.7x
EV/EBITDA 15.3x 7.5x
EV/EBIT -12.6x 14.7x
EV/Revenue 0.9x –
EV/FCF 17.9x –
EV/Operating cash flow 8.8x –
PEG (3Y EPS CAGR) 0.44 -1.22

Growth

14 metrics
MetricCLNECVE
Revenue growth (1Y) 5.2% –
Revenue CAGR (3Y) -1.4% –
Gross profit growth (1Y) -0.3% –
Gross profit CAGR (3Y) 7.0% –
Operating income growth (1Y) 79.4% -10.8%
Operating income CAGR (3Y) 22.0% -17.3%
Net income growth (1Y) 53.6% 2.5%
Net income CAGR (3Y) -7.2% -16.3%
EPS growth (1Y) 53.7% 4.9%
EPS CAGR (3Y) -7.7% -13.6%
Operating cash flow growth (1Y) -54.5% –
Operating cash flow CAGR (3Y) 19.2% –
Free cash flow growth (1Y) -60.1% –
Free cash flow CAGR (3Y) 36.4% –

Profitability

14 metrics
MetricCLNECVE
Gross margin 27.5% –
EBITDA margin 6.0% –
Operating margin -7.3% –
Pretax margin -21.4% –
Net margin -21.3% –
FCF margin 5.2% –
Operating cash flow margin 10.5% –
Return on equity -16.9% 16.6%
Return on assets -9.2% 8.5%
Return on invested capital -4.1% –
Return on capital employed -3.6% 12.4%
Asset turnover 0.4x –
Cash conversion (OCF / net income) -0.5x –
Stock comp / revenue 2.0% –

Financial Health

11 metrics
MetricCLNECVE
Debt / assets 22.3% 17.4%
Debt / equity 0.4x 0.3x
Net debt / EBITDA 3.3x 0.7x
Debt / FCF 10.0x –
Liabilities / assets 45.5% 50.1%
Equity / assets 54.5% 49.9%
Interest coverage -0.7x –
Current ratio 2.5x 1.6x
Quick ratio 1.9x 1.0x
Cash ratio 1.1x 0.4x
Altman Z-score -0.76 –

Shareholder Returns

7 metrics
MetricCLNECVE
Dividend yield – 2.5%
Net buyback yield 0.0% –
Shareholder yield 0.0% 2.5%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLNECVE
Forward P/E – 7.8xFY2026
EPS, next fiscal year $-0.02FY2026 $4.23FY2026
EPS growth, next FY -300.0%FY2026 +169.4%FY2026
EPS growth, the year after – -9.5%
Revenue, next fiscal year $453.71MFY2026 $42.97BFY2026
Revenue growth, next FY +6.8%FY2026 +0.6%FY2026
Revenue growth, the year after +2.2% +2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLNECVE
Held by institutions 49.3% 48.8%
Institutions holding 193 490
Change in shares held, QoQ +1.9% -5.2%
Institutions buying 86 264
Institutions selling 59 162
Buyers to sellers 1.46 1.63

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLNECVE
CLNE 1.00 0.23
CVE 0.23 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CLNE and CVE?

Cenovus Energy (CVE) is the largest by market capitalisation: Clean Energy Fuels (CLNE) $320.47M, Cenovus Energy (CVE) $57.20B.

Which stock has performed better?

Over the past year Cenovus Energy (CVE) returned the most: Clean Energy Fuels (CLNE) -52.6%, Cenovus Energy (CVE) +94.3%. Over five years, Cenovus Energy (CVE) compounded fastest (Clean Energy Fuels (CLNE) -29.7%/yr, Cenovus Energy (CVE) +23.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Cenovus Energy (CVE) has been the steadiest (Clean Energy Fuels (CLNE) 53.8%, Cenovus Energy (CVE) 35.9%). Volatility measures how widely the price swings, not the risk of the business.

Do CLNE and CVE move together?

Their daily returns over the past year have a correlation of 0.23, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CLNE and CVE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cenovus Energy (CVE) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.