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A Talisman Energy Inc. property in the Duvernay shale, Alberta. (Handout/Talisman Energy)
A Talisman Energy Inc. property in the Duvernay shale, Alberta. (Handout/Talisman Energy)

StockReports+

Stock analysis: Approach Talisman Energy with caution Add to ...

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries. Globe Unlimited subscribers get unlimited access to these reports from about 7,000 companies, which normally retail for $25 each.

Talisman Energy Inc. shares have seen better days. They’ve underperformed the S&P/TSX composite index by 22.25 per cent during the past year. And that’s surely not pleasing activist investor Carl Icahn, who recently amassed a 7.37 per cent stake in the oil and gas producer and whose firm now has two board seats.

The company is shrinking itself and has put more assets on the auction block in an effort to buffer its balance sheet.

Should investors bet on a turnaround alongside Mr. Icahn? This StockReports+ report suggests investors better be cautious.

StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. The score for Talisman Energy dropped to 3 from 4 in early February and has remained there ever since. That places it among the bottom quartile of stocks scored.

Read more in this comprehensive report.

Read other reports here.

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