Key Takeaways CVE's 40.9% stock rally beats ENB's 13.9%, but weak oil prices threaten CVE's earnings outlook.ENB's fee-based model offers income stability, yet high debt levels raise financial risk concerns.ENB trades at 15.37X EV/EBITDA vs. CVE's 6.32X, suggesting a valuation premium for stability.In the energy space, Cenovus Energy Inc. (CVE) and Enbridge Inc. (ENB) are two major Canadian players with very contrasting business models. Over the past year, CVE has rallied 40.9%, significantly outperforming ...