Over the past few years, Apache Corporation NYSE:APA has shed slower growth international assets and directed that cash back towards domestic operations. This will allow Apache to focus on high growth areas with less geopolitical risk, while still holding onto a few international free cash flow cows with exploration upside.After selling off some of its international assets, Apache directed that cash towards its most promising asset, the Permian Basin. Apache could be sitting on billions of barrels of recoverable oil and gas in the Permian, providing it with a long growth runway.
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