If BP sells its Alaskan business to Apache (APA), the move would expose an underlying problem...

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

If BP sells its Alaskan business to Apache (APA), the move would expose an underlying problem dogging not just BP but other oil majors. Apache is expert at wringing value from older fields, but BP favors buying into large reserves, going for the growth instead of enhancing ROI. Shareholders like the Apache approach - up 400%+ vs. the majors since 2000.