![APA Plans Permian Basin Assets Sale at $1 Billion to Cut Debt](https://staticx-tuner.zacks.com/images/articles/main/9d/53642.jpg)
APA Plans Permian Basin Assets Sale at $1 Billion to Cut Debt
ZacksAPA plans to sell its Permian Basin drilling assets, valued at around $1 billion, to focus on shale operations and reduce its substantial $6-$7 billion debt.
APA plans to sell its Permian Basin drilling assets, valued at around $1 billion, to focus on shale operations and reduce its substantial $6-$7 billion debt.