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Article: Talisman Energy Generates $2.7 Billion In Cash Flow; Earnings Exceed $1.0 Billion; Fourth Quarter Production Per Share Up 15%.
- Article from:
- Business Wire
- Article date:
- March 3, 2004
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Energy Editors/Business Editors
CALGARY, Alberta--(BUSINESS WIRE)--March 3, 2004
Talisman Energy Inc. (NYSE:TLM) (TSX:TLM) released its 2003 consolidated financial and operating results today. Highlights include a significant increase in fourth quarter production, development of new core areas and continued financial strength.
The Company posted its fifth consecutive annual increase in cash flow and cash flow per share in 2003. Cash flow increased 3% to $2.7 billion, while cash flow per share was up 7% to $21.21. Excluding Sudan, cash flow per share increased 21% over 2002. Fourth quarter cash flow and cash flow per share were $644 million and ...