Talisman Energy TLM posted a loss in the fourth quarter.
Talisman posted a quarterly loss of $1.01 billion, or $0.98 per share, versus a year-ago profit of $376 million, or $0.37 per share. Its loss from operations came in at $116 million, or $0.11 per share, versus a year-ago loss of $107 million, or $0.10 per share. However, analysts were expecting a loss of $0.01 per share.
Its revenue declined 44% to $929 million.
Talisman Energy shares closed at $10.61 yesterday.
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