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Thursday, Feb 14
"We can't be all things to all people," so Apache (APA) will end its three-year buying spree...
"We can't be all things to all people," so Apache (APA) will end its three-year buying spree that helped it ramp up oil production to record levels, CEO Steven Farris says. Analysts approve: "It makes sense to pare back a little bit," Argus' Phil Weiss says. "Their execution hasn't been great, so anything that helps them to reduce their focus and to get things back on track... is a plus."