Food for thought..Just thought I'd check the P/E ratios of some of the O&G stocks I own and have on my radar.. the following list suggests to me there are 5 that could easily double and still be quite low on the list.. I do know that some are more gassy than others and that will not be direct comparisons... but that being said.. the ones in the 2+ range deserve a better share price from the markets in my opinion.. and it could be just a matter of time for them to catch up..?
Symbol // P/E
BIR 7.21
CVE 71.72
CNQ 13.75
SU 13.44
CJ 2.23
PEY 11.81
AAV 18.15
CPG 2.27
VET 4.95
CR 2.72
MEG 40.04
OBE 2.07
BTE 2.32
KEL 11.69
TOU 8.44
ATH 58.5