Whitecap Resources Inc T.WCP

An abomination

[WINDGOD46]

What sense can anybody make with the paradox of this market: A company like Cardinal energy with a production capacity of around 25kboe a day to trade in the $ 9.60per share and a company like WCP with 145kboe to trade in the $10,60s per share. It boggles the mind.

[pierrelebel]

Maybe, just maybe, instead of looking at the price per share, one should look at the total capitalization of the companies, their reserves, etc.... Taking everything into account, at this time I prefer (and own) WCP.

[BigJake]

CJ is essentially debt free with a far smaller share count. Really need to look at market cap instead of share price. Both companies have been disciplined, WCP won't have debt and dividend levels like CJ for at least another year because they have chosen to increase production by 2.5x and increase reserves. CJ chose to stay at current production rates. Just depends on how long you expect oil

[Rainyday]

Cardinal Energy has only one-quarter (or less) the number of shares that WCP has outstanding.  You can't just look at share price.