While Egypt is a key element in Apache's (APA) portfolio of producing assets, Guggenheim...

|About: Apache Corporation (APA)|By:, SA News Editor

While Egypt is a key element in Apache's (APA) portfolio of producing assets, Guggenheim Securities sees any weakness in the stock in the coming days as a further buying opportunity. The firm sees limited risk of complete closure of APA's operations in the country, noting many other and more material growth opportunities elsewhere in the portfolio, such as U.S. onshore.