You could do something like
>>> doc = """<TABLE>
... <TR>
... <TD><P>Name</P></TD>
... <TD><P>Fees</P></TD>
... <TD><P>Awards</P></TD>
... <TD><P>Total</P></TD>
... </TR>
... <TR>
... <TD><P>Tony</P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
... <TR>
... <TD><P>Paul</FONT></P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
... <TR>
... <TD><P>Richard</P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
...
... </TR>
... </TABLE>"""
>>> import lxml.html
>>> root = lxml.html.fromstring(doc)
>>> root.xpath('//tr/td//text()')
['Name', 'Fees', 'Awards', 'Total', 'Tony', '7,800', '7', '15,400', 'Paul', '7,800', '7', '15,400', 'Richard', '7,800', '7', '15,400']
>>>
If you have 2 tables in document, you can first loop on tables and then use a relative XPath expression (with a leading .) for descendant text nodes on each table
>>> doc = """<TABLE>
... <TR>
... <TD><P>Name</P></TD>
... <TD><P>Fees</P></TD>
... <TD><P>Awards</P></TD>
... <TD><P>Total</P></TD>
... </TR>
... <TR>
... <TD><P>Tony</P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
... <TR>
... <TD><P>Paul</FONT></P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
... <TR>
... <TD><P>Richard</P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
...
... </TR>
... </TABLE>
... <TABLE>
... <TR>
... <TD><P>Name</P></TD>
... <TD><P>Fees</P></TD>
... <TD><P>Awards</P></TD>
... <TD><P>Total</P></TD>
... </TR>
... <TR>
... <TD><P>Tony</P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
... <TR>
... <TD><P>Paul</FONT></P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
... <TR>
... <TD><P>Richard</P></TD>
... <TD >7,800</TD>
... <TD >7</TD>
... <TD>15,400</TD>
... </TR>
...
... </TR>
... </TABLE>"""
>>> import lxml.html
>>> root = lxml.html.fromstring(doc)
>>> root.xpath('//tr/td//text()')
['Name', 'Fees', 'Awards', 'Total', 'Tony', '7,800', '7', '15,400', 'Paul', '7,800', '7', '15,400', 'Richard', '7,800', '7', '15,400', 'Name', 'Fees', 'Awards', 'Total', 'Tony', '7,800', '7', '15,400', 'Paul', '7,800', '7', '15,400', 'Richard', '7,800', '7', '15,400']
>>> for tbl in root.xpath('//table'):
... elements = tbl.xpath('.//tr/td//text()')
... print elements
...
['Name', 'Fees', 'Awards', 'Total', 'Tony', '7,800', '7', '15,400', 'Paul', '7,800', '7', '15,400', 'Richard', '7,800', '7', '15,400']
['Name', 'Fees', 'Awards', 'Total', 'Tony', '7,800', '7', '15,400', 'Paul', '7,800', '7', '15,400', 'Richard', '7,800', '7', '15,400']
>>>