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Inside Investor

Where's the Next Play for the Giants of Oil?

Where's the Next Play for the Giants of Oil?

What will they do with all that cash?

That’s the question investors are asking of major oil firms like Apache (NYSE: APA).

The company recently completed a slew of property sales, beefing up its coffers. First divesting its extensive Gulf of Mexico Shelf portfolio to privately-held Fieldwood Energy, for $3.75 billion. Then announcing the sale of one-third rights to its Egyptian…

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