Talisman Energy Inc
Point72 exited its stake in Talisman during 4Q14. It held 10,744,200 Talisman shares at the end of 3Q14. It accounted for 1.03% of the fund’s 3Q14 portfolio.
The Baupost Group added a new position in Bellatrix Exploration (BXE). The position accounted for 1.29% of the fund’s total fourth quarter portfolio.
Talisman Energy is a global upstream oil and gas company headquartered in Canada. Revenue plunged to $44 million, down from $929 million in 2013.
Energy & Utilities
Earlier in April, Russian President Vladimir Putin sent a letter to officials of various European nations warning that Russia could curtail natural gas supplies to Ukraine.