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NEW YORK ( TheStreet) -- Talisman Energy Inc (NYSE: TLM) hit a new 52-week low Monday as it is currently trading at $14.09, below its previous 52-week low of $14.24 with 159,172 shares traded as of 9:36 a.m. ET. Average volume has been 4.4 million shares over the past 30 days. Talisman Energy has a market cap of $15.8 billion and is part of the basic materials sector and energy industry. 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.