RE:WCP or CPG I own both, among other O&G stocks. It is hard/foolish to try to predict movements in the short term. I own them each for slightly different reasons. Here are my thoughts, which others may disagree with.
Whitecap has a great management team, it has consistently made top acquisitions, it has a solid financial plan and it sticks to what is says it is going to do. Dividends, NCIB, continued debt repayment are all on track. This is a long term stock for me, it has less torque than most of my other holdings but if the proverbial s*** hits the fan this will still do well.
Crescent Point has a history of poor decisions and is still held down by its past. I think the current management is doing well they have been financially prudent paying down debt etc. and avoiding the sins of the past. They continue to pay down debt, have a dividend, NCIB, and should hit $1.3B debt target in the 3rd Q and then accelerate shareholder returns. Due to its history CPG is more undervalued and CPG has more upside torque if things continue to go well.
TLDR: both are great companies with dividends, share buy backs, and continued debt repayment. CPG has more torque and potential upside compared to WCP. WCP is the better run company and will most likely continue with tuck-in acquisitions.
I suggest you go to each companies website and read their most recent presentations and listen to the 2022 Q1 results.