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Talisman Energy (TLM +6.7%) posted a 72% lower Q2 profit from a year ago on weak commodity...
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Wednesday, August 1, 2012, 3:29 PM ETTalisman Energy (TLM +6.7%) posted a 72% lower Q2 profit from a year ago on weak commodity prices but results aren't as bad as some had feared, and shares surge. Total production rose 4% Y/Y to 435K boe/day on higher volumes in Southeast Asia and from North American shale, but falling prices more than offset that growth.
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