Whitecap Resources Inc T.WCP

Food for thought..

[Moemoney42]

WCP P/E ratio = 2.97
CPG P/E ratio = 1.89
Tells me CPG has lots of room to move higher and outperform WCP for those who care.. I do own both so I'm neutral to stats, but do find the comparison interesting... 
By the way CPG is the lowest P/E of all the O&G stocks on my watch list.. a number of them have a P/E ratio twice that of CPG.. I'd say there could be some ratio catch up in store for CPG shareholders..?  ;-)

[NonCredibleSrc]

100% agree based on your numbers. The trouble with CPG has never been those numbers, it's been about the management. This seems to have levelled off a bit lately, but time will tell. As disclosure - I own both as well.

[1970Craig]

So many hit new 52 week highs today. Cenovus , CPG , Baytex , Nuvista , and White....... nope we did not !!'        Sometimes the PE will have costs in a Q that increase or lower there earnings.  So sometimes those P/E 's  are deceiving. Such as the impairments all oil and gas stocks  took on assets when oil prices dropped , some of the recoverable oil

[Zaccar1]

congrats on your sale of half..be cautious and patient when you redeploy those funds..I think a lot of really good companies..non energy, will continue to experience down side pressure, no need to make it on one, only to give some of it back by buying to early!. I am not a trader by nature, but a long term investor. Some companies i have owned for decades. Good luck

[1970Craig]

Well Thank you !!!  That was the plan.  !!!  patience is the best quality I think a investor can have !  However there are others , and tbe best quality you can have is the one you are the weekest at !      I certainly have guts.  I know that.  100 hundred percent all in energy even before covid.    I am good for while. Lol. 

[jleer42]

I have been patiently waiting for CPG to catch up. Tomorrow is always a day away...

[pierrelebel]

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

[1970Craig]

Hi Pierre  I must apologize!  This is an outstanding post from you. Great job plucking facts !  You llatterly posted this as I clicked the reply button as well .     So I will just say " what Pierre said "   Good stuff     You know one nice thing for those CPG holders today was the volume was way lower today than the last few , so it

[Moemoney42]

Agreed Pierre.. I never meant the comment/post to reflect the only metric one should use when assessing a company.. but found it interesting with the large variation of P/E's with some up in the 20+ range.. my comment was not to be considered investment advice.. only an observation.. good luck to you!