Canada's Talisman Energy Inc , which in December agreed to be bought by Spanish peer Repsol, reported a bigger quarterly loss after it wrote down the value of some assets by about $1.37 billion amid a steep fall in crude prices.A 50 percent fall in oil prices since June has dented the value of a number of fields, prompting companies such as Britain's BG Group and BP Plc to write down their assets by billions of dollars.Talisman, Canada's No.5 independent oil and gas producer, said it wrote down the value of its Eagle Ford assets in Texas by $614 million in the fourth quarter ended Dec. 31. The company wrote off an investment in the Kurdistan region of Iraq.The company also took impairment charges related to assets in the North Sea and in the Equion field in Colombia.
BP p.l.c. (BP) is an integrated oil and gas company. Shares of BP traded higher by 1.07% or $0.44/share to $41.61. In the past year, the shares have traded as low as $34.88 and as high as $53.48. On average, 8994620 shares of BP exchange hands on a given day and today's volume is recorded at 8150213.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM fell by 0.13% or $-0.01/share to $7.56. In the past year, the shares have traded as low as $3.46 and as high as $11.22. On average, 20348800 shares of TLM exchange hands on a given day and today's volume is recorded at 8605991.
Talisman Energy Inc. (Talisman), is an oil and gas producers, through a combination of exploration, development and acquisitions. Shares of TLM fell by 0.95% or $-0.09/share to $9.41. In the past year, the shares have traded as low as $3.96 and as high as $12.17. On average, 6778890 shares of TLM.TO exchange hands on a given day and today's volume is recorded at 1147378.
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