Talisman Energy Inc. (TLM), the Canadian energy company that reported an unexpected fourth-quarter loss as it pumped less oil and gas from the North Sea and recorded impairments.
Shocking that such a well run company could encounter an "unexpected" loss like that.
The per-share loss of 11 cents missed the break-even point that was the average of 14 analysts’ estimates compiled by Bloomberg.
However some massage-parlor happy ender provides an upbeat quote --- The stock is undervalued and investors should use “any weakness on 2014 guidance as a buying opportunity,” Phil Skolnick, an analyst at Canaccord Genuity Corp. in New York, wrote in a note last month.
Hey ball-bag, you left out the 14-19% projected increases from the Americas and the Pacific going forward. Don't forget about another round of 2-3 Billion in non core asset sales coming in the next 12-18 months either. There is more to see than just the North Sea problems.