RE:As Eric said buybacks will bring the stock price higher Don't Really need $80 plus WTI all the time, even $75-80 per bbl is a healthy range to generate solid free cash flow in medium to long run coupled with improving cost efficiencies and synergies from Ranger acquisition. Just little over couple week to go for Q2 results announcement - cannot wait.
Separate point - I don't agre with Eric Nutts claiming (on BNN market call today) that Baytex can buy 10% of O/S (~80m shares) in second half of this year. Does not make sense! He should get his numbers straight while mentioning things. Still like him overall and his stance on undervalued CDN o&g sector.