4 Energy Stock Stories to Fuel Investment Chatter

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Talisman Energy (NYSE:TLM): Current price $12.51

The layoffs at Talisman announced Wednesday point to the dramatic fall of a top segment of Alberta’s oil and gas industry, while perhaps being a harbinger of additional difficulty for producers dealing with low commodity prices. The company has slashed its 2013 capital budget by 25 percent to $3-billion and intends to raise around $500 million this year through asset divestitures and joint ventures. At the same time, 90 employees in its Calgary office are being let go because of low North American gas prices and spending cuts.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

tlm

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business