09:43 AM EST - Talisman Energy Inc. : reported Tuesday that its second-quarter net income was $603 million, compared to $63 million a year earlier. On a per share basis, earnings surged to $0.59 from prior year's $0.06. Income from continuing operations was $411 million or $0.40 per share, compared to a loss of $427 million or $0.42 per share a year ago. Earnings from continuing operations, excluding items, were $137 million or $0.13 per share, compared to earnings of $132 million or $0.13 per share in the second quarter of 2009. Total revenue for the quarter increased to $1.59 billion from $1.51 billion a year earlier. Production averaged 411,000 boe/d, down from 424,000 boe/d in the second quarter of 2009 as a result of non-core asset sales. Talisman Energy Inc.
shares T.TLM are trading even at $17.09.