Wednesday, June 13, 2007

UPDATE 1-Apache says midstream more suited to MLP

(Reuters) - Many energy companies have separated off assets such as
pipelines and processing units into MLPs, where their steady
earnings are more highly valued by the market.




Houston-based will also continue to look for acquisitions
to bolster its energy production, and is not likely to buy back
its own shares, Farris told analysts.


Read more at Reuters.com Mergers News

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