WCP vs TOU vs ARX
Just a comparison between Whitecap, Tourmaline, Arc energy & and their P/E ratios. WCP is trading at 3.4 x earnings, ARX is trading at 9.7 x earnings, Tourmaline is trading at 12.1 x earnings. If WCP was trading at 12 x earnings this stock would be well over $20 per share. ARX for example has well over 700 million shares outstanding, TOU has less than 300 million shares outstanding. Even BTE has a very low, undervalued P/E ratio, under 3 x earnings. The stocks that are extremely undervalued like WCP, BTE, CPG will be upgraded very soon once Q1 & Q2 earnings are released.