Talisman Energy TLM reported a profit in the fourth quarter.
Its cash flow dropped to $675 million, or $0.66 per share, from $824 million, or $0.81 per share, in the year-ago period. Its production declined 11% to 392,000 barrels of oil equivalent per day.
Talisman Energy's posted a quarterly net income of $376 million, or $0.37 per share, versus a year-ago loss of $117 million, or $0.11 per share. Excluding one-time items, Talisman posted a loss of $0.10 per share.
Talisman Energy shares closed at $12.51 yesterday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in