Continued from part one…
According to Talisman Energy Inc. (NYSE:TLM) (TSE:TLM)'s full-year 2012 SEC filing containing the discounted present value of the company's reserves, based on the current enterprise value, Talisman is trading at a discount to its PV-10 reserves before deducting income taxes. Although after deducting taxes, the company is trading at a slight premium.
So it would appear the consensus of opinion points towards value locked away in Talisman Energy Inc. (NYSE:TLM) (TSE:TLM)'s assets, in particular the company's shale and US plays.
But there are valuation issues here. For example, although Talisman Energy Inc. (NYSE:TLM) (TSE:TLM)'s assets are estimated to be worth more than the company's current enterprise value,...
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