09:47 AM EST - Talisman Energy Inc. : reported its operating and (unaudited) financial results for 2011. All values in this release are in US dollars unless otherwise stated. Cash flow was $3.4 billion, up 16% year over year. Fourth-quarter cash flow was up 25% over the same period last year, due to higher oil prices. Net income was $776 million, down 18% due to higher DD&A, lower gains on asset sales, and higher operating expenses and taxes. Talisman Energy Inc.
shares T.TLM are trading down $0.27 at $12.25.
