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Article: Talisman Energy Reports $1.2 Billion Cash Flow for the Third Quarter Record Production, Record Earnings from Operations
- Article from:
- CCNMatthews Newswire
- Article date:
- November 2, 2005
CopyrightCopyright 2005 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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CALGARY, ALBERTA--(CCNMatthews - Nov. 2, 2005) - Talisman Energy
Inc. (TSX:TLM) (NYSE:TLM) today reported its operating and financial
results for the first nine months of 2005.
Cash flow(a) during the third quarter was $1,251 million ($3.41/
share), compared to $993 million ($2.70/share) i
n the previous
quarter and $706 million ($1.84/share) a year earlier. Cash flow was
up 77% compared to the third quarter of last year on both higher
prices and volumes. Cash flow to September 30 was $3,204 million
($8.69/share), compared to $2,237 million ($5.82/share) a year ago.
Net income d
uring the quarter was $430 million ($1.17/share)
compared to $122 million ($0.32/share) a year ago and $340 million ...