May 1, 2012 / 9:15 AM / 5 years ago

Talisman Energy posts profit on growth from shale plays

1 Min Read

May 1 (Reuters) - Canadian oil and gas producer Talisman Energy Inc reported a first-quarter profit driven by growth from North American shales.

Talisman, which has been building up its position in oil and liquids-rich shale plays in Canada and the United States, earned $291 million, or 28 cents per share, compared with a net loss of $326 million, or 32 cents per share, a year ago.

Earnings from operations rose to $167 million, or 16 cents per share, from $157 million, or 15 cents a share, a year ago.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below