TLM.TSE Talisman Energy Message Board

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Gold/Mining/Energy : TLM.TSE Talisman Energy

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To: Tomas who wrote (347)	7/7/1999 10:53:00 AM
From: Tomas	Read Replies (1) of 1713

Talisman - Globe & Mail, July 6 Staff and wires The Calgary-based international oil company's shares have climbed in market value by 87 per cent to about $5-billion since hitting a 52-week low of $22.10 in early March amid depressed oil prices. The stock is now nearing its 52-week high of $43.30 set about a year ago. Analysts said investors are reacting to the company's new spending flexibility provided by the oil-price rebound and continuing strong Canadian natural gas prices. "They are [moving from being] cash consumers to cash generators," Peters & Co. Ltd. analyst Craig Langpap told Reuters News Agency.

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