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Tuesday, February 10, 2015

Talisman Energy posts bigger loss on impairment charges, (NYSE: TLM), (TSE: TLM.TO)

Talisman Energy Inc , which in December agreed to be bought by Spanish peer Repsol , reported a bigger quarterly loss, mainly hurt by after-tax impairments of about $1.37 billion. Talisman, Canada's No.5 independent oil and gas producer, said net loss widened to $1.59 billion, or $1.54 per share in the fourth quarter ended Dec. 31, from $1.01 billion, or 98 cents per share, a year earlier.

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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