RE:Food for thought..
moemoney42 - Generally, investors use "cash flow" or "free cash flow" not earnings or P/E when comparing different oil companies
Using P/E could be very deceiving and lead to the wrong conclusions.
While CPG is a fine company, you need to understand what the P/E is based on: earnings.. Look carefully at earnings for the first quarter.
From CPG
"Crescent Point reported net income of approximately $1.2 billion for first quarter 2022, primarily driven by a $1.5 billion ($1.2 billion after-tax) reversal of non-cash impairment resulting from an increase in forward commodity prices and the independent engineers' price forecast. Adjusted net earnings from operations during first quarter was $240.9 million."
In my opinion, based in current prices, free cash flow, dividend, debt, etc..., WCP is a much better long term investment than CPG.