Buybacks are better than dividends Canceling shares and increasing the value of its existing shares will always win over spitting out cash in the form of a dividend. Keep the cash in the company - the strategy will be recognized, 100%.
BIR has now become the most undervalued Canadian energy company based on blended analysts' targets, and future SP gains will be huge - way larger than any dividend.
Wait and see. These things take time, be thankful for the pause to move your bags from one train to another.
IMO and GLTA