Talisman Energy Stock To Go Ex-dividend Tomorrow (TLM)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Talisman Energy (NYSE: TLM) is tomorrow, March 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 7 cents per share. At a price of $12.18 as of 9:31 a.m. ET, the dividend yield is 2.2%.

The average volume for Talisman Energy has been 4.6 million shares per day over the past 30 days. Talisman Energy has a market cap of $12.6 billion and is part of the basic materials sector and energy industry. Shares are up 7.8% year to date as of the close of trading on Tuesday.

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 North Sea, and southeast Asia. The company has a P/E ratio of 135.6, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Talisman Energy as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full Talisman Energy Ratings Report.

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