RE:RE:RE:RE:RE:New 52 week highIm not a fan of buybacks -thats Bay Street's agenda. Dividends - yes. If you're a reliable payer, retirees will invest in you because they need the income, regardless of what Bay Street peddles. If anything, Bay Street will follow retail. Debt reduction - yes. As a whole Cdn oil & gas has too much debt, they need less debt, less hedging, less desperation to sell at low prices (so more storage too) when SHTF. If CVE's debt is low, rhey can acquire indebted natural gas cdn E&P's or foreign E&Ps who want out of Canada for attractive valuations, thus diversifying away from oil in the process while improving cost of supply and growing via share increase (TOU). Basically same playbook for CNQ, CVE and SU.. When your government says no more gasoline engine cars by 2035, you act accordingly and right now the line of sight is to NG/LNG from oil and there are plenty of opportunities to be seized (unless TOU scoops all of them...)