NEW YORK ( TheStreet) -- Talisman Energy Inc (NYSE: TLM) hit a new 52-week low Friday as it is currently trading at $15.07, below its previous 52-week low of $15.10 with 2.5 million shares traded as of 12:40 p.m. ET. Average volume has been 4.3 million shares over the past 30 days. Talisman Energy has a market cap of $16.7 billion and is part of the basic materials sector and energy industry. Shares are down 29% year to date as of the close of trading on Thursday. Talisman Energy Inc., an upstream oil and gas company, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. It primarily operates in North America, the United Kingdom, Scandinavia, and southeast Asia.
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