California Resources Corp (N:CRC)

Business Focus: Oil & Gas Exploration and Production

Apr 11, 2024 09:00 am ET

California Resources Corporation Achieves MiQ “Grade A” Certification for its Los Angeles Basin Assets

California Resources Corporation (NYSE: CRC) received a “Grade A” certification through MiQ’s Methane Emissions Performance Standard for its operating assets in Los Angeles and Orange Counties. This is the first “Grade A” independently certified gas (ICG) designation that MiQ has presented to oil and natural gas operating assets in California and the Rocky Mountain region. This achievement demonstrates CRC’s dedication to its ESG goals and sustainability platform.

Apr 08, 2024 09:00 am ET

California Resources Corporation Schedules First Quarter 2024 Earnings Conference Call

California Resources Corporation (NYSE: CRC) plans to release its first quarter 2024 financial results on Tuesday, May 7th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, May 8th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).

Mar 19, 2024 09:00 am ET

California Resources Corporation Announces the Nomination of Christian S. Kendall to Its Board of Directors

California Resources Corporation (NYSE: CRC) announced today that the Board of Directors has nominated Christian S. (Chris) Kendall to stand for election as a director at CRC’s 2024 Annual Meeting of Stockholders. Mr. Kendall is the former President and Chief Executive Officer of Denbury.

Feb 27, 2024 05:15 pm ET

California Resources Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results

California Resources Corporation (NYSE: CRC) today reported financial and operating results for the fourth quarter and full-year 2023. The Company plans to host a conference call and webcast on Wednesday, February 28th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). Participation details can be found within this release. In addition, supplemental slides are posted to CRC’s website at

Feb 27, 2024 05:14 pm ET

Carbon TerraVault Provides 2023 Update

Carbon TerraVault (CTV) today provided an update on its 2023 operations. California Resources Corporation (NYSE: CRC) conducts its carbon management business through Carbon TerraVault which pursues carbon capture and sequestration projects that are directly sited or within close proximity to significant sources of carbon dioxide (CO2) emissions in California.

Feb 10, 2024 10:32 am ET

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates DOOR, CRC, GLT, ZFOX

Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Masonite International Corporation...

Feb 09, 2024 01:47 am ET

Shareholder Alert: Ademi LLP investigates whether California Resources Corporation has obtained a Fair Price in its transaction with Aera Energy

MILWAUKEE, Feb. 9, 2024 /PRNewswire/ -- Ademi LLP is investigating CRC (NYSE: CRC) for possible breaches of fiduciary duty and other violations of law in its transaction with Aera Energy.

Feb 07, 2024 09:40 am ET

CPP Investments to Acquire Common Stock in California Resources Corporation through Aera Energy Merger

CPP Investments holds a 49% equity stake in Aera EnergyCombined company to play leading role in California's energy transition

Feb 07, 2024 09:12 am ET

CRC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of California Resources Corporation Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of California Resources Corporation (NYSE: CRC) and Aera Energy, LLC is fair to California Resources shareholders. Upon completion of the proposed transaction, California Resources shareholders will own approximately 77.1% of the combined company.

Feb 07, 2024 08:03 am ET

California Resources Corporation to Combine with Aera Energy

California Resources Corporation (NYSE: CRC) today announced the signing of a definitive merger agreement to combine with Aera Energy, LLC (Aera) in an all-stock transaction. The transaction values Aera at approximately $2.1 billion, inclusive of Aera’s net debt and certain other obligations1, and is expected to be immediately accretive. At closing, Aera's owners will receive 21.2 million shares of CRC’s common stock, equal to approximately 22.9% of CRC’s fully diluted shares.

Jan 04, 2024 06:00 am ET

California Resources Corporation Expecting Strong Fourth Quarter 2023 Results; Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Details

Dec 20, 2023 11:44 am ET

U.S. EPA Releases Draft Class VI Permits to CRC’s Carbon TerraVault for CO2 Injection and Storage in California

California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced that the U.S. Environmental Protection Agency (EPA) released draft Class VI well permits for underground carbon dioxide (CO2) injection and storage in CTV’s 26-R reservoir located within the CTV I carbon capture and storage (CCS) vault at the Elk Hills Field in Kern County, California. This marks an important step in advancing the development of clean energy projects in the state.

Dec 18, 2023 09:00 am ET

California Resources Corporation Announces January Investor Conference Participation

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, announced today that the Company’s executives will be participating in the following events in January 2024:

Nov 10, 2023 12:00 pm ET

California Resources Corporation Announces December Investor Conference Participation

Nov 01, 2023 05:26 pm ET

California Resources Corporation Reports Strong Third Quarter 2023 Financial Results, Announces 10% Increase in Quarterly Dividend and Meaningfully Advances its Carbon Management Business

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today reported third quarter 2023 operational and financial results.

Nov 01, 2023 05:25 pm ET

Carbon TerraVault Provides Third Quarter 2023 Update

Carbon TerraVault (CTV), a subsidiary of California Resources Corporation (NYSE: CRC) which provides carbon management services that include capture, transport and storage of carbon dioxide (CO2) for its customers, today provided an update on its operations.

Oct 02, 2023 09:00 am ET

California Resources Corporation Schedules Third Quarter 2023 Earnings Conference Call

California Resources Corporation (NYSE: CRC) plans to release its third quarter 2023 financial results on Wednesday, November 1st after market close. The Company will hold a conference call to discuss these financial results on Thursday, November 2nd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).

Aug 17, 2023 04:00 pm ET

California Resources Corporation Releases 2022 Sustainability Update Detailing Progress on Sustainability Initiatives and ESG Performance

California Resources Corporation (NYSE: CRC) today announced the publication of its 2022 Sustainability Update. The Update details the progress CRC made last year as it continues to work toward meeting a high standard for environmental, social and governance (ESG) performance and its 2045 Full-Scope Net Zero Goal.

Aug 11, 2023 02:23 pm ET

Carbon TerraVault’s California DAC Hub Consortium Selected for U.S. DOE Funding to Bring Direct Air Capture and Storage to the Golden State

Carbon TerraVault Holdings, LLC (CTV), a subsidiary of California Resources Corporation (NYSE: CRC), today announced that the California Direct Air Capture (DA

Aug 01, 2023 08:00 am ET

Verde Clean Fuels Announces Carbon Capture Agreement for Renewable Gasoline Plant in California

Verde Clean Fuels (“Verde”) (Nasdaq: VGAS), a company focused on becoming the leading supplier of gasoline and other fuels derived from renewable feedstocks or natural gas, today announced a Carbon Dioxide Management Agreement (CDMA) between Verde and Carbon TerraVault JV HoldCo, LLC (“CTV JV”), a carbon management partnership focused on carbon capture and sequestration development formed between Carbon TerraVault, a subsidiary of California Resources Corporation (“CRC”) (NYSE: CRC), and Brookfield Renewable (NYSE: BEP).

Jul 31, 2023 05:01 pm ET

California Resources Corporation Reports Strong Second Quarter 2023 Financial Results and Provides Updates on Carbon Management Business

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today reported second quarter 2023 operational and financial results.

Jul 31, 2023 05:00 pm ET

Carbon TerraVault Provides Second Quarter 2023 Update

California Resources Corporation (NYSE: CRC) today announced a storage-only Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault JV HoldCo, LLC (CTV JV), a subsidiary of CRC that provides services including the capture, transport and storage of carbon dioxide (CO2), and Verde Clean Fuels Inc. (Verde), a company that utilizes an innovative and proprietary liquid fuels technology to produce renewable and lower-carbon intensity gasoline and other liquid fuels from feedstocks such as biomass, agricultural waste, or flared natural gas. CRC also more than doubled the expec

Jul 06, 2023 08:00 am ET

California Resources Corporation Appoints Nicole Parra as Vice President of Community Affairs

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today announced that Nicole Parra has been appointed as Vice President of Community Affairs, effective July 6, 2023. In this role, she will be responsible for engaging community stakeholders to help further strengthen CRC’s local partnerships and enact regional Community Benefits Plans for CRC’s low-carbon oil and natural gas and carbon management businesses.

Jun 30, 2023 08:00 am ET

California Resources Corporation Schedules Second Quarter 2023 Earnings Conference Call

California Resources Corporation (NYSE: CRC) plans to release its second-quarter 2023 financial results on July 31st after market close. The Company will hold a conference call on Tuesday, August 1st at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time).

Jun 02, 2023 06:46 pm ET

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20, to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday. The changes ensure each index is more representative of its market capitalization range. All companies moving to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies movi

May 01, 2023 09:49 pm ET

California Resources Corporation Reports Record First Quarter Financial Results, Provides an Update on the Progress of Business Repositioning and Further Expands Its Carbon Management Business

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today reported first quarter 2023 operational and financial results.

May 01, 2023 09:44 pm ET

Carbon TerraVault Announces Two New Storage-Only Carbon Dioxide Management Agreements and Submission of Another Class VI Permit to the EPA

California Resources Corporation (NYSE: CRC) today announced a storage-only Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault Holdings, LLC (CTV), a subsidiary of CRC that provides services including the capture, transport and storage of carbon dioxide (CO2), and Yosemite Clean Energy, LLC (Yosemite). CRC also announced a second storage-only CDMA between CTV and InEnTec Inc. (InEnTec).

May 01, 2023 09:00 am ET

California Resources Corporation Appoints Nelly Molina as Executive Vice President and Chief Financial Officer

California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, today announced that Manuela (Nelly) Molina has been appointed as Executive Vice President and Chief Financial Officer, effective May 8, 2023. As previously announced, CRC’s prior CFO Francisco Leon was named President and Chief Executive Officer and a member of the Company’s Board of Directors as of April 28, 2023.

Apr 04, 2023 05:53 pm ET

California Resources Corporation Schedules First Quarter 2023 Earnings Conference Call

California Resources Corporation (NYSE: CRC) announced today that it will host its first quarter 2023 financial results conference call on Tuesday, May 2nd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released the day before the conference call following the market close.

Feb 24, 2023 07:01 am ET

California Resources Corporation Initiates Strategic Realignment of Business Operations and Corporate Structure to Maximize Cash Flow Per Share

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced today a strategic realignment of the Company’s business operations and structure. The Company intends to reduce costs to align with activity levels, increase its financial flexibility and optimize its portfolio of assets. The Company believes that the combination of these actions will allow it to continue to strengthen shareholder returns. The Company is also repositioning the business to capitalize on future opportunities with Carbon TerraVault. In conjunction with this strategic realignment, the Company also anno

Feb 24, 2023 07:00 am ET

California Resources Corporation Generates Record $690 Million of Operating Cash Flow and $311 Million of Free Cash Flow in 2022

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported fourth quarter and full year 2022 operational and financial results.

Feb 07, 2023 06:00 am ET

Carbon TerraVault Holdings, LLC Announces California DAC Hub Consortium to Bring Direct Air Capture and Storage to the Golden State

Carbon TerraVault Holdings, LLC (CTV), a subsidiary of California Resources Corporation (NYSE: CRC), today announced it has assembled a consortium of organizations across industry, technology, academia, national labs, community, government, and labor, to pursue U.S. Department of Energy (DOE) funding under its Regional Direct Air Capture (DAC) Hubs Initiative to create the California DAC Hub, the state’s first full-scale DAC plus storage (DAC+S) network of regional DAC+S hubs. DAC+S is a solution that can remove and then permanently store atmospheric carbon dioxide (CO2) using low c

Jan 20, 2023 09:00 am ET

California Resources Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Conference Call

California Resources Corporation (NYSE: CRC) announced today that it will host its fourth quarter and full year 2022 financial results conference call on Friday, February 24th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released the day before the conference call following the market close.

Jan 05, 2023 09:00 am ET

CRC Recognized with Leadership Level Ranking for 2022 Climate Disclosure by CDP for the Fourth Year in a Row

California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2022 climate disclosure, securing a score at CDP’s Leadership Level for the fourth year in a row. This accomplishment is further evidence of CRC’s commitment to maintaining a strong ESG and sustainability platform.

Jan 04, 2023 09:00 am ET

California Resources Corporation Announces Carbon Dioxide Management Agreement for CTV’s First Permanent Carbon Storage Project in Northern California

California Resources Corporation (NYSE: CRC) today announced a Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault Holdings, LLC (CTV) and Grannus, LLC (Grannus), an independent clean-tech company that is building a portfolio of blue ammonia and hydrogen production facilities to supply the agriculture, mobility and marine fuel markets, to sequester 370,000 metric tons (MT) of carbon dioxide (CO2) per annum at CTV III from a new blue ammonia and hydrogen plant to be constructed in Northern California. Called the Grannus Blue Ammonia and Hydrogen Project, the project

Dec 21, 2022 04:15 pm ET

California Resources Corporation Announces January Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that the Company’s executives will be participating in the following in-person events in January 2023:

Dec 07, 2022 08:55 am ET

California Resources Corporation Announces Carbon Dioxide Management Agreement For CTV’s First Permanent Carbon Storage Project

California Resources Corporation (NYSE: CRC) today announced a Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault JV Holdco, LLC (CTV JV) and Lone Cypress Energy Services, LLC (Lone Cypress), an independent energy company focused on the development of low-carbon hydrogen generation facilities and energy infrastructure, to sequester 100,000 metric tons (MT) of carbon dioxide (CO2) per annum from a newly constructed blue hydrogen plant at the Elk Hills Field in Kern County. Called the Lone Cypress Hydrogen Project, the project aims to be California’s first blue hydro

Nov 03, 2022 08:30 am ET

California Resources Corporation Reports Strong Third Quarter 2022 Results, Announces 66% Increase in Quarterly Dividend and $200 Million Increase in Share Repurchase Program

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported third quarter 2022 operational and financial results.

Oct 06, 2022 04:15 pm ET

California Resources Corporation Schedules Third Quarter 2022 Earnings Conference Call

California Resources Corporation (NYSE: CRC) announced today that it will host its third quarter 2022 financial results conference call on Thursday, November 3rd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released the day before the conference call following the market close.

Aug 10, 2022 04:30 pm ET

California Resources Corporation Releases 2021 Sustainability Report Detailing ESG Performance and Progress on Sustainability Initiatives

California Resources Corporation (NYSE: CRC) today announced the publication of its 2021 Sustainability Report. The report provides an overview of CRC’s continuous progress on its sustainability efforts in environmental, social and governance (ESG) performance as the company ad

Aug 03, 2022 04:15 pm ET

California Resources Corporation Announces the Formation of a California Carbon Management Partnership with Brookfield Renewable, Reports Strong Second Quarter 2022 Results and Increases Full Year 202

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today announced the formation of a joint venture (the "JV") with Brookfield Renewable ("Brookfield"), creating a carbon management partnership focused on carbon capture and sequestration (“CCS”) development and reported second quarter 2022 operational and financial results.

Aug 02, 2022 05:00 pm ET

California Resources Corporation Pledges $2.5 Million to Fund Kern County Community Initiatives to Advance the Energy Transition

California Resources Corporation (NYSE: CRC) is pleased to announce it has pledged $2.5 million to fund several Kern County initiatives with Kern Community College District (Kern CCD) and California State University, Bakersfield (CSUB) to help advance the energy transition and further benefit local communities across the region.

Jun 15, 2022 08:30 am ET

California Resources Corporation Announces Amendments to Consent Solicitation

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced amendments to and extension of its solicitation of consents (the “Consent Solicitation”) from the holders of its outstanding 7.125% Senior Notes due 2026 (CUSIP Nos. 13057QAH0, 13057QAJ6 and U1303AAE6) (the “Notes”) to the proposed amendment to the indenture governing the Notes (the “Proposed Amendment”) described in the Consent Solicitation Statement dated June 6, 2022, as amended by the Company’s press release dated June 13, 2022 and as further amended by a Supplement dated June 15, 2022 (as amended, the “S

Jun 13, 2022 08:30 am ET

California Resources Corporation Announces Extension of Consent Solicitation

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced the extension of its solicitation of consents (the “Consent Solicitation”) from the holders of its outstanding 7.125% Senior Notes due 2026 (CUSIP Nos. 13057QAH0, 13057QAJ6 and U1303AAE6) (the “Notes”) to the proposed amendment to the indenture governing the Notes (the “Proposed Amendment”) described in the Consent Solicitation Statement dated June 6, 2022 (as amended hereby and as may be further amended or supplemented from time to time, the “Statement”). The Consent Solicitation is being made in accordance

Jun 06, 2022 08:30 am ET

California Resources Corporation Announces Consent Solicitation Related to Senior Notes

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced that it is soliciting consents (the “Consent Solicitation”) from holders of its outstanding 7.125% Senior Notes due 2026 (the “Notes”) as of 5:00 p.m. New York City time, on June 3, 2022 (the “Record Date”) to a proposed amendment to the indenture governing such Notes (the “Indenture”). The Consent Solicitation is being made solely upon the terms and conditions described in the Company’s Consent Solicitation Statement, dated June 6, 2022 (the “Consent Solicitation Statement”). The Consent Solicitation will ex

May 26, 2022 04:15 pm ET

California Resources Corporation Schedules Second Quarter 2022 Earnings Conference Call and Announces Additional Conference Participation

California Resources Corporation (NYSE: CRC) announced today that it will host its second quarter 2022 financial results conference call on Thursday, August 4th at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). The Company’s earnings will be released before market open on the same date.

May 05, 2022 06:00 am ET

California Resources Reports First Quarter 2022 Results, Increases and Extends Its Share Repurchase Program, Raises 2022 Guidance and Provides an Update on Its Carbon Management Business

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported first quarter 2022 operational and financial results.

May 05, 2022 06:00 am ET

NEXT Carbon Solutions and California Resources Corporation Agree to FEED Study

NEXT Carbon Solutions (NCS), a subsidiary of NextDecade Corporation (NASDAQ: NEXT) and California Resources Corporation (NYSE: CRC) today jointly announced the execution of an agreement (Agreement) to further explore the decarbonization of CRC’s Elk Hills Power Plant. Through the deployment of NCS’ proprietary post-combustion carbon capture processes for CRC’s CalCapture CCS+ project, the companies seek to capture and utilize the emissions from the Elk Hills Power Plant for permanent storage in oil producing reservoirs.

Apr 22, 2022 09:00 am ET

California Resources Corporation Announces Updated and Expanded ESG Goals

California Resources Corporation (NYSE: CRC) is pleased to announce it has updated and expanded its Environmental, Social, and Governance (ESG) goals that build upon CRC’s long-standing commitment to sustainability, the company’s recent 2045 Full-Scope Net Zero Goal, and investment in low carbon initiatives that position CRC to lead the energy transition in California and beyond.

Apr 07, 2022 04:15 pm ET

California Resources Corporation Schedules First Quarter 2022 Earnings Conference Call

California Resources Corporation (NYSE: CRC) announced today that it will host its first quarter 2022 financial results conference call on Thursday, May 5th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released before market open on the same date.

Feb 24, 2022 09:00 am ET

California Resources Generates a Record $466 Million of Free Cash Flow1 in 2021, Reports $660 Million of Operating Cash Flow, Increases its Share Repurchase Program by 40% and Continues to Advance its

Jan 06, 2022 04:15 pm ET

California Resources Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Conference Call

California Resources Corporation (NYSE: CRC) announced today that it will host its fourth quarter and full year 2021 financial results conference call on Thursday, February 24th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released before market open on the same date.

Dec 09, 2021 04:15 pm ET

CRC Recognized With Leadership Level Ranking for 2021 Climate Disclosure by CDP for the Third Year in a Row

California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2021 climate disclosure, securing a top score at CDP’s Leadership Level for the third year in a row. Once again, CRC received the highest ranking among all U.S. oil and gas companies, tying for first with one other U.S.-based E&P with global operations. Scoring at CDP’s Leadership Level for three years in a row further highlights CRC’s value as a differentiated and dependable low carbon intensity E&P producer in California.

Nov 19, 2021 08:30 am ET

California Resources Corporation Announces Additional Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that certain Company executives will be participating in the following virtual and in-person events in December 2021 and January 2022:

Nov 11, 2021 09:00 am ET

California Resources Corporation Reports Third Quarter 2021 Results, Declares Inaugural Quarterly Dividend and Announces 2045 Full-Scope Net Zero Goal

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported third quarter 2021 operational and financial results.

Nov 01, 2021 06:08 pm ET

California Resources Corporation Board Member Tiffany (TJ) Thom Cepak Named to Savoy Magazine’s 2021 List of “Most Influential Black Corporate Directors”

California Resources Corporation (NYSE: CRC) announced today that Tiffany (TJ) Thom Cepak, Chair of the Board for CRC’s Board of Directors, has been recognized as one of the 2021 “Most Influential Black Corporate Directors” by Savoy magazine. As a leading business publication on African American success and achievement, Savoy publishes its annual definitive list recognizing and celebrating African American executives, influencers and achievers for their business leadership in national and global-leading corporations.

Oct 21, 2021 05:00 pm ET

CRC Releases 2020 Sustainability Update Detailing Performance Metrics

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced the publication of its 2020 Sustainability Update. The update provides details of CRC’s key environmental, social and governance (ESG) performance metrics as well as progress on its establishe

Oct 14, 2021 05:00 pm ET

California Resources Corporation Schedules Third Quarter 2021 Earnings Conference Call and Announces Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that it will host its third quarter 2021 financial results conference call on Thursday, November 11th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released before the market open on the same date.

Aug 23, 2021 04:15 pm ET

California Resources Corporation Schedules Virtual Carbon Storage Update

California Resources Corporation (NYSE: CRC) announced today that it will hold a virtual Carbon Storage Update on Wednesday, October 6, 2021, at 1 p.m. ET (10 a.m. PT). Adoption of carbon capture technologies is critical to achieving greenhouse gas emission reduction goals around the world. This event will provide details on the launch of CRC’s Carbon TerraVault I, a carbon capture and storage (CCS) project focused on the capture and permanent storage of carbon dioxide (CO2) emissions, an update on CalCapture, the carbon capture, utilization, and storage (CCUS) project focused on th

Aug 05, 2021 04:15 pm ET

California Resources Corporation Reports Second Quarter 2021 Results, Increases Free Cash Flow Guidance, Raises Share Repurchase Program to $250 Million and Announces Strategic A&D Transactions

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported second quarter 2021 operational and financial results.

Jul 08, 2021 04:15 pm ET

California Resources Corporation Schedules Second Quarter 2021 Conference Call and Earnings Release

California Resources Corporation (NYSE: CRC) announced today that it will host its second quarter 2021 financial results conference call on Thursday, August 5th at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). The Company’s earnings will be released following the market close on the same date.

Jun 29, 2021 04:15 pm ET

California Resources Corporation Announces July Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that the Company’s executives will be participating in the 2021 TD Securities Virtual Energy Conference on July 6-8.

Jun 14, 2021 09:00 am ET

California Resources Corporation Announces Appointment of First Chief Sustainability Officer

California Resources Corporation (NYSE: CRC) (the “Company”) today announced that Chris Gould has been appointed as the Company’s first ever Executive Vice President and Chief Sustainability Officer. “Bringing Chris on board reflects the importance of our ESG initiatives and our commitment to decarbonization and a realistic energy transition,” said Mac McFarland, CEO and President. “His considerable leadership skills and experience in climate change and implementation of new technologies will help the Company deliver on our goals while maintaining ESG leadership.”

May 13, 2021 09:00 am ET

California Resources Corporation Announces First Quarter 2021 Results and $150 Million Share Repurchase Program

California Resources Corporation (NYSE: CRC), an independent oil and natural gas exploration and production company, today reported first quarter 2021 operational and financial results.

Apr 21, 2021 05:35 pm ET

California Resources Corporation Announces Additional Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that the Company’s executives will be participating in the 2021 Virtual Wells Fargo Energy Conference to be held on June 2-3.

Apr 15, 2021 04:15 pm ET

California Resources Corporation Schedules First Quarter 2021 Conference Call and Earnings Release, and Announces Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that it will host its first quarter 2021 financial results conference call on Thursday, May 13 at 11:00 a.m. Eastern Time (08:00 a.m. Pacific Time). The Company’s earnings will be released prior to the market open on the same date.

Apr 15, 2021 04:05 pm ET

California Resources Corporation Announces Appointment of New Chair of the Board

California Resources Corporation (NYSE: CRC) (the “Company”) announced today that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Directors of the Company. Ms. Cepak replaces Mark A. (Mac) McFarland as the Chair following his appointment as the permanent President and Chief Executive Officer of the Company on March 22, 2021. Mr. McFarland will continue to serve as a director the Company.

Mar 22, 2021 04:30 pm ET

California Resources Corporation Announces Appointment of Permanent CEO

California Resources Corporation (NYSE: CRC) (the “Company”) announced today the appointment of Mark A. (“Mac”) McFarland as the Company’s permanent President and Chief Executive Officer, effective immediately. Mr. McFarland has served on the Company’s board since its emergence from bankruptcy in October 2020, as its Executive Chairman from November 2020 through December 31, 2020 and as its Chairman of the Board and interim Chief Executive Officer since December 31, 2020.

Mar 11, 2021 04:15 pm ET

California Resources Corporation Announces Fourth Quarter 2020 and Full Year Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and natural gas exploration and production company, today reported fourth quarter and full year 2020 results. Operational and financial highlights were as follows:

Feb 24, 2021 04:15 pm ET

California Resources Corporation Schedules Fourth Quarter and Full Year 2020 Earnings Release; Announces Virtual Strategy Day and Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that it will release its fourth quarter and full year 2020 financial results following the market close on Thursday, March 11, 2021.

Jan 21, 2021 04:30 pm ET

California Resources Corporation Announces Functional Realignment and Streamlining of Leadership Team

California Resources Corporation (NYSE: CRC) (the “Company”) announced today that it is reducing the size of its leadership team and realigning several functions as it focuses on efficiency and cost reductions. The Company is eliminating leadership positions in the areas of public affairs, exploration and development, investor relations and finance, and implementing the following functional realignment: (1) reporting to Mac McFarland (interim CEO) will be Francisco Leon (Chief Financial Officer), Mike Preston (Chief Administrative Officer and General Counsel), Shawn Kerns (Executive Vice Presi

Jan 14, 2021 05:54 pm ET

California Resources Corporation Announces Pricing of Private Offering of $600 Million of Senior Unsecured Notes

California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $600 million in aggregate principal amount of its 7.125% senior unsecured notes due 2026 (the “Notes”) at par. The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility and certain future subsidiaries. The offering is expected to close on January 20, 2021, subject to customary closing conditions.

Jan 13, 2021 08:36 am ET

California Resources Corporation Announces Private Offering of $600 Million of Senior Unsecured Notes

California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $600 million in aggregate principal amount of senior unsecured notes due 2026 (the “Notes”). The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility and certain future subsidiaries. The Company intends to use the net proceeds from this offering to repay in full its second lien term loan and repay all outstanding senior secured notes due 2027 previously issued

Dec 21, 2020 04:15 pm ET

California Resources Corporation Announces CEO Departure

California Resources Corporation (NYSE: CRC) (the “Company”) announced today that Todd A. Stevens, President and Chief Executive Officer, will be leaving the Company on December 31. Mark A. (“Mac”) McFarland, the Company’s Executive Chairman, will serve as interim Chief Executive Officer and James N. Chapman will serve as Lead Independent Director. The Board of Directors will launch a search process for the Company’s next CEO.

Dec 09, 2020 04:15 pm ET

CRC Recognized with Leadership Level Ranking for 2020 Climate Disclosure by CDP

California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2020 climate disclosure, securing a top score at CDP’s Leadership Level. CRC once again received the highest ranking among all U.S. oil and gas companies, tying for first with one other U.S.-based E&P with global operations. Scoring at CDP’s Leadership Level for two years in a row further highlights CRC’s differentiated value as a dedicated and dependable energy producer for Californians with 2030 Sustainability Goals that align with California’s, as highlighted in our recent 2019 Sustainability Report.

Dec 01, 2020 08:30 am ET

California Resources Corporation to Participate in December 2020 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Shawn Kerns, Executive Vice President Operations and Engineering, will be participating in the Cowen 2020 Energy Conference. He will be participating virtually on a panel titled “Carbon Capture Utilization and Storage (CCUS) Opportunities Within Upstream Oil & Gas” at 11:10 a.m. EST on December 4th.

Nov 05, 2020 04:15 pm ET

California Resources Corporation Announces Third Quarter 2020 Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock of $29 million for the third quarter of 2020, and adjusted net loss1 of $55 million. GAAP reporting requires the accounting return from the non-controlling interest in the Ares JV upon our emergence from bankruptcy to be taken into account in determining earnings per share. Accordingly, CRC reported net income of $2.20 per diluted share for the third quarter of 2020, or adjusted net income

Nov 02, 2020 04:15 pm ET

California Resources Corporation to Participate in November 2020 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Todd Stevens, CRC’s President and Chief Executive Officer, will be presenting at the BofA Securities 2020 Global Energy Conference. He will be presenting virtually at 1:00 pm EST on November 12th, and will be accompanied by other members of the executive management team for the virtual conference.

Oct 29, 2020 07:19 pm ET

CRC Releases 2019 Sustainability Report Detailing Sustainability Goals, Progress and Industry ESG Leadership

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced the publication of its third annual Sustainability Report. The report provides a comprehensive overview of CRC’s continuous progress on its sustainability efforts in environmental, soc

Oct 28, 2020 09:00 am ET

California Resources Corporation Announces Its Third Quarter 2020 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its third quarter 2020 financial results conference call on Thursday, November 5th at 5:00 p.m. EST (2:00 p.m. PST). The Company’s earnings will be released following the market close on the same date.

Oct 27, 2020 04:35 pm ET

California Resources Corporation Completes Financial Restructuring

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced that it will today complete its financial restructuring and emerge from the bankruptcy process with a significantly stronger balance sheet. CRC’s Joint Plan of Reorganization (“Plan”) in its Chapter 11 case cancelled pre-existing debt, consolidated CRC’s ownership in the Elk Hills power plant and cryogenic gas plant, and provided for the payment in full of all valid and undisputed trade and contingent claims in the ordinary course of business. Today, CRC will officially conclude its reorganization after completing

Jul 15, 2020 09:18 pm ET

California Resources Corporation Agrees on Comprehensive Balance Sheet Restructuring with Key Creditors

California Resources Corporation (NYSE: CRC) (the “Company” or “CRC”), an independent California-based oil and natural gas exploration and production company, today announced it has entered into a Restructuring Support Agreement (“RSA”) with holders of approximately 84% of the Company’s 2017 term loans, 51% of the Company’s 2016 term loans and its Elk Hills midstream joint venture partner, Ares Management L.P. (“Ares”). To implement the terms of the RSA, the Company and certain of its subsidiaries have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code

May 18, 2020 08:30 am ET

Laredo Petroleum Announces William Albrecht to Succeed Randy Foutch as Chairman of the Board of Directors

Laredo Petroleum, Inc. (NYSE: LPI) ("Laredo" or "the Company"), today announced the appointment of William Albrecht as independent Chairman of the Board of Directors (the "Board"), succeeding Randy Foutch upon the expiration of Mr. Foutch's term on...

May 05, 2020 09:25 am ET

ATTENTION CALIFORNIA RESOURCES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in California Resources Stock with Full-Service Brokerage F

KlaymanToskes (“KT”), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the

Apr 08, 2020 04:30 pm ET

California Resources Corporation Annual Meeting to be Held in Virtual Format Only

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced today that due to the public health impact of the coronavirus disease 2019 (COVID-19) pandemic and to support the health and well-being of its employees and shareholders, the location of its 2020 Annual Meeting of Shareholders has been changed. As previously announced, the Annual Meeting will be held on Wednesday, May 6, 2020 at 11:00 a.m., Pacific Time. In light of public health guidance regarding the coronavirus pandemic, the Annual Meeting will be held in a

Mar 27, 2020 03:39 pm ET

California Resources Corporation Provides Comment on Market Speculation

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today issued the following statement on media speculation:

Mar 16, 2020 06:30 am ET

California Resources Corporation Announces Termination of its Exchange and Subscription Offers and Consent Solicitation

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced the termination of its private exchange and subscription offers and consent solicitation (the “Offers”) relating to its outstanding 8% Senior Secured Second Lien Notes due 2022 (the “8% Notes”), 5½% Senior Notes due 2021 (the “5½% Notes”) and 6% Senior Notes due 2024 (the “6% Notes” and, together with the 8% Notes and the 5½% Notes, the “Notes”). The Company has also terminated the private subscription agreements (the “Supporting Subscription Agreements”) it entered into with certain significant holders of th

Mar 09, 2020 08:33 pm ET

California Resources Corporation Reduces Capital to Mechanical Integrity Level

California Resources Corporation (NYSE: CRC) announced today it is reducing its capital investment due to recent changes in the commodity market to a level that maintains the mechanical integrity of its facilities to operate them in a safe and environmentally responsible manner. CRC has effectively ceased investment in its internally funded field development and growth projects until the company sees a higher degree of market clarity. The company was already on pace to invest less than $35 million of internally funded capital in the first quarter. Additionally, CRC has monetized all of its cru

Mar 05, 2020 09:46 am ET

California Resources Corporation Announces Early Results of Its Exchange and Subscription Offers and Consent Solicitation With Strong Participation

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”), today announced the early participation results of its private exchange and subscription offers (the “Offers”) relating to its outstanding 8% Senior Secured Second Lien Notes due 2022 (the “8% Notes”), 5½% Senior Notes due 2021 (the “5½% Notes”) and 6% Senior Notes due 2024 (the “6% Notes” and, together with the 8% Notes and the 5½% Notes, the “Notes”).

Feb 26, 2020 04:15 pm ET

California Resources Corporation Announces Fourth Quarter 2019 and Full Year Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock of $67 million, or $1.36 per diluted share, for the fourth quarter of 2019. Adjusted net income1 for the fourth quarter of 2019 was $36 million, or $0.73 per diluted share. For the full year of 2019, CRC reported a net loss attributable to common stock of $28 million, or $0.57 per diluted share. Adjusted net income1 for the full year of 2019 was $70 million, or $1.40 per diluted share. Operatio

Feb 25, 2020 08:30 am ET

California Resources Corporation to Participate in March 2020 Investor Conferences

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that its executives will be participating in the following conferences in March:

Feb 20, 2020 10:23 pm ET

California Resources Corporation Announces Exchange Offers and Subscriptions Relating to:

California Resources Corporation (“CRC” or the “Company”), today announced the commencement of private offers to exchange (the “Exchange Offers”), upon the terms and conditions set forth in the offering memorandum and solicitation statement (the “Offering Memorandum and Solicitation Statement”), dated February 20, 2020, and the related letter of transmittal, to all Eligible Holders (as defined below) of its outstanding 8% Senior Secured Second Lien Notes due 2022 (the “8% Notes”), 5½% Senior Notes due 2021 (the “5½% Notes”) and 6% Senior Notes due 2024 (the “6% Notes” and, together with the 8%

Jan 24, 2020 06:59 am ET

CRC Receives A- Ranking for 2019 Climate Disclosure by CDP

California Resources Corporation (NYSE: CRC) received an A- from CDP for our 2019 climate disclosure, scoring at CDP’s Leadership Level. CRC received the highest ranking among all U.S. oil and gas companies, tying for first with one other U.S.-based E&P with global operations. This recognition highlights CRC’s differentiated value as a California E&P and the company’s ongoing commitment to provide sustainable, safe and reliable energy solutions for Californians.

Jan 21, 2020 08:30 am ET

California Resources Corporation Announces Its Fourth Quarter and Full Year 2019 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its fourth quarter and full year 2019 financial results conference call on Wednesday, February 26th at 5:00 p.m. EST (2:00 p.m. PST). The Company’s earnings and guidance will be released following the market close on the same date.

Dec 18, 2019 09:30 am ET

California Resources Corporation to Participate in January 2020 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Mark Smith, CRC’s Senior Executive Vice President and Chief Financial Officer, will be participating in the Goldman Sachs Global Energy Conference 2020 on January 7th - 8th, 2020, in Miami, Florida.

Oct 31, 2019 04:15 pm ET

California Resources Corporation Announces Third Quarter 2019 Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock of $94 million, or $1.89 per diluted share, for the third quarter of 2019. Adjusted net income1 was $17 million, or $0.35 per diluted share. Operational and financial highlights for the third quarter of 2019 were as follows:

Oct 31, 2019 01:00 pm ET

California Resources Corporation to Participate in November 2019 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Todd Stevens, CRC’s President and Chief Executive Officer, will be presenting at Bank of America Merrill Lynch’s 2019 Global Energy Conference. He will be presenting at 2:00 pm EST on November 13th in Miami, Florida.

Oct 04, 2019 04:00 pm ET

California Resources Corporation Announces Its Third Quarter 2019 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its third quarter 2019 financial results conference call on Monday, November 4th at 5:00 p.m. EST (2:00 p.m. PST). The Company’s earnings and guidance will be released following the market close on the same date.

Sep 20, 2019 09:31 am ET

Thinking about buying stock in Aurora Cannabis, California Resources, McDermott International, Micron Technology, or Uber Technologies?

NEW YORK, Sept. 20, 2019 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACB, CRC, MDR, MU, and UBER.

Aug 22, 2019 08:00 am ET

California Resources Corporation to Participate in September 2019 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Todd Stevens, CRC’s President and Chief Executive Officer, will be presenting at the 2019 Barclays CEO Energy-Power Conference at 11:45 am EDT on September 4th, 2019 in New York, New York.

Aug 01, 2019 04:15 pm ET

California Resources Corporation Announces Second Quarter 2019 Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock of $12 million, or $0.24 per diluted share, for the second quarter of 2019. Adjusted net loss1 was $14 million, or $0.29 per diluted share. Operational and financial highlights for the second quarter of 2019 were as follows:

Jul 23, 2019 06:30 am ET

California Resources Corporation Announces a Joint Venture with Colony Capital to Invest up to $500 Million in Oil & Gas Properties

California Resources Corporation (NYSE: CRC) and Colony Capital, Inc. (NYSE: CLNY) through its energy investment management arm, Colony HB2 Energy (collectively, “Colony”), announced today that they have formed a strategic joint venture in which Colony has committed to fund $320 million for the development of CRC’s flagship Elk Hills field, located in the San Joaquin Basin. Subject to the mutual agreement of the parties, the total investment may be increased to $500 million.

Jun 26, 2019 08:00 am ET

California Resources Corporation Announces Its Second Quarter 2019 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its second quarter 2019 financial results conference call on Thursday, August 1st at 5:00 p.m. EDT (2:00 p.m. PDT). The Company’s earnings and guidance will be released following the market close on the same date.

May 17, 2019 08:00 am ET

California Resources Corporation to Participate in June 2019 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Mark Smith, CRC’s Senior Executive Vice President and Chief Financial Officer, will be presenting at the Bank of America Merrill Lynch 2019 Energy Credit Conference. He will be presenting at 3:40 pm EDT on June 5th, 2019 in New York, New York.

May 02, 2019 04:15 pm ET

California Resources Corporation Announces First Quarter 2019 Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock (CRC net loss) of $67 million, or $1.38 per diluted share, for the first quarter of 2019. Adjusted net income1 for the first quarter of 2019 was $31 million, or $0.63 per diluted share. Operational and financial highlights for the first quarter of 2019 are as follows:

May 01, 2019 05:00 pm ET

California Resources Corporation to Participate in May 2019 Investor Conferences

Apr 05, 2019 06:00 am ET

California Resources Corporation Announces Its First Quarter 2019 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its first quarter 2019 financial results conference call on Thursday, May 2nd at 5:00 p.m. Eastern Daylight Time (2:00 p.m. Pacific Daylight Time). The Company’s earnings and guidance will be released following the market close on the same date.

Mar 25, 2019 07:50 am ET

New Research: Key Drivers of Growth for Coty, Discovery, California Resources, Alaska Air Group, PPG Industries, and EPR Properties — Factors of Influence, Major Initiatives and Sustained Production

In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Coty Inc. (NYSE:COTY), Discovery, Inc. (NASDAQ:DISCA), California Resources...

Mar 20, 2019 06:00 am ET

California Resources Corporation to Participate in April 2019 Investor Conferences

Feb 27, 2019 04:15 pm ET

California Resources Corporation Announces Fourth Quarter 2018 and Full Year Results

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock (CRC net income) of $346 million, or $7.00 per diluted share, for the fourth quarter of 2018. Adjusted net income1 for the fourth quarter of 2018 was $26 million, or $0.53 per diluted share. For the full year of 2018, CRC net income was $328 million, or $6.77 per diluted share. Adjusted net income1 for the full year of 2018 was $61 million, or $1

Feb 26, 2019 06:00 am ET

California Resources Corporation to Participate in March 2019 Investor Conferences

Feb 14, 2019 07:35 am ET

Consolidated Research: 2019 Summary Expectations for The Trade Desk, Aduro Biotech, Walker & Dunlop, California Resources, Century Casinos, and Arsanis — Fundamental Analysis, Key Performance Indicati

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Trade Desk Inc. (NASDAQ:TTD), Aduro Biotech, Inc. (NASDAQ:ADRO),...

Jan 29, 2019 06:00 pm ET

California Resources Corporation Announces Its Fourth Quarter and Full Year 2018 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its fourth quarter and full year 2018 financial results conference call on Wednesday, February 27th at 5:00 p.m. Eastern Standard Time (2:00 p.m. Pacific Standard Time). The Company’s earnings and guidance will be released following the market close on the same date.

Jan 28, 2019 08:24 am ET

Royale CRC 33-1 Well Flows 4,600,000 Cubic Ft. Per Day

Royale Energy, Inc., (OTCQB : ROYL) announced the Royale CRC 33-1 natural gas well in the Sacramento Basin flowed 4,600,000 cubic ft. per day with very high reservoir pressure on a combined rate from two zones that were completed in the Mokelumne...

Dec 24, 2018 06:01 am ET

California Resources Corporation to Participate in January 2019 Investor Conference

California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Mark Smith, CRC’s Sr. Executive Vice President and Chief Financial Officer, will be participating in the Goldman Sachs Global Energy Conference 2019 on January 8, 2019 in Miami, Florida.

Nov 21, 2018 06:01 am ET

California Resources Corporation to Participate in December 2018 Investor Conferences

Nov 09, 2018 07:20 am ET

Report: Developing Opportunities within California Resources, America Movil, S.A.B. de C.V, Och-Ziff Capital Management Group, Taseko Mines, Entercom Communications, and Eagle Bulk Shipping — Future E

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of California Resources Corporation (NYSE:CRC), America Movil, S.A.B. de C.V....

Nov 01, 2018 04:15 pm ET

California Resources Corporation Announces Third Quarter 2018 Results

Oct 29, 2018 06:01 am ET

California Resources Corporation to Participate in November 2018 Investor Conferences

Oct 22, 2018 11:46 am ET

Royale Signs Joint Venture to Expand Drilling in Rio Vista Field

Royale Energy, Inc. (OTCQB : ROYL) announces it has entered into a joint venture with California Resources Corporation (NYSE: CRC) to drill 30 wells throughout the Rio Vista field, the largest dry gas field in California. The agreement will provide...

Oct 17, 2018 07:25 am ET

Report: Exploring Fundamental Drivers Behind Dermira, California Resources, OGE Energy, Oasis Petroleum, Harmonic, and CBIZ — New Horizons, Emerging Trends, and Upcoming Developments

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Dermira, Inc. (NASDAQ:DERM), California Resources Corporation (NYSE:CRC),...

Oct 03, 2018 07:30 am ET

California Resources Corporation Hosts 2018 Analyst & Investor Day

California Resources Corporation (NYSE: CRC) will host its 2018 Analyst & Investor Day today Wednesday, October 3, 2018 from 8:30 a.m. to approximately 11:45 a.m. EDT in New York, New York.

Oct 02, 2018 06:01 am ET

California Resources Corporation Announces Its Third Quarter 2018 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its third quarter financial results conference call on Thursday, November 1st at 5:00 pm EDT (2:00 pm PDT). The Company’s earnings and guidance will be released following the market close on the same date.

Sep 18, 2018 06:01 am ET

California Resources Corporation Announces Analyst & Investor Day Webcast and October Conference Participation

California Resources Corporation (NYSE: CRC) today announced it will be hosting its 2018 Analyst & Investor Day in New York, New York on Wednesday, October 3, 2018. Formal presentations will begin at 8:30 am EDT and will be available to the public via webcast. A link to the live audio webcast and slides will be accessible from the Investor Relations section of CRC’s website at

Aug 22, 2018 08:00 am ET

Research Report Identifies America's Car-Mart, SAExploration, Ascena Retail Group, Infinity Pharmaceuticals, Hologic, and California Resources with Renewed Outlook — Fundamental Analysis, Calculating

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of America's Car-Mart, Inc. (NASDAQ:CRMT), SAExploration Holdings, Inc....

Aug 02, 2018 04:15 pm ET

California Resources Corporation Announces Second Quarter 2018 Results

Aug 01, 2018 05:37 pm ET

California Resources Corporation to Participate in August and September 2018 Investor Conferences

Jul 10, 2018 04:15 pm ET

California Resources Corporation Announces Its Second Quarter 2018 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its second quarter financial results conference call on Thursday, August 2nd at 5:00 pm EDT (2:00 pm PDT). The Company’s earnings and guidance will be released following the market close on the same date.

Jun 14, 2018 05:26 pm ET

CORRECTING and REPLACING California Resources Corporation to Participate in June 2018 Investor Conferences

In the third bullet point of the release dated May 30, 2018, the presentation time should read: 10:00 a.m. EDT.

Jun 12, 2018 08:10 am ET

Factors of Influence in 2018, Key Indicators and Opportunity within Regency Centers, Motorola Solutions, California Resources, Echelon, Mylan N.V., and Nordstrom — New Research Emphasizes Economic Gro

In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Regency Centers Corporation (NYSE:REG), Motorola Solutions, Inc....

May 04, 2018 04:01 pm ET

California Resources Corporation to Participate in Upcoming Industry Conferences in May

California Resources Corporation (NYSE: CRC) announced that Mark Smith, Senior Executive Vice President and CFO, will be presenting at the Goldman Sachs Third Annual Leveraged Finance Conference in Rancho Palos Verdes, California on May 10th at 9:05 am PDT. Additionally, CRC executives will be participating in the Morgan Stanley Energy Conference in Houston, Texas on May 7th.

May 03, 2018 04:15 pm ET

California Resources Corporation Announces First Quarter 2018 Results

Apr 09, 2018 05:00 pm ET

California Resources Corporation Acquisition Consolidates Interests in Elk Hills Field

California Resources Corporation (NYSE: CRC) today announced that it has executed and closed a purchase and sale agreement with Chevron to acquire the remaining working, surface and mineral interests in the 47,000-acre Elk Hills field in the San Joaquin Basin of California. Consolidating sole ownership of the Elk Hills field, CRC paid cash consideration of $460 million and issued 2.85 million CRC common shares to Chevron, subject to customary post-closing adjustments. The effective date of the transaction was April 1, 2018.

Apr 02, 2018 04:01 pm ET

California Resources Corporation Announces Its First Quarter 2018 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its first quarter financial results conference call on Thursday, May 3rd at 5:00 pm EDT (2:00 pm PDT). The Company’s earnings and guidance will be released following the market close on the same date.

Apr 02, 2018 06:01 am ET

California Resources Corporation to Participate in Upcoming Industry Conferences in April

California Resources Corporation (NYSE: CRC) announced that Todd Stevens, President and CEO, will be presenting at the Independent Petroleum Association of America (IPAA) 24th Annual Oil & Gas Investment Symposium (OGIS) New York on April 10th at 1:00 pm EDT. Additionally, CRC executives will be participating in the Mizuho Energy Summit April 9th - 10th in Napa, California.

Mar 01, 2018 05:36 pm ET

California Resources Corporation to Present at Upcoming Industry Conferences in March

California Resources Corporation (NYSE: CRC) today announced that Mark Smith, Senior Executive Vice Present and CFO, will present at the Raymond James & Associates’ 39th Annual Institutional Investors Conference on March 5th in Orlando, Florida and Todd Stevens, President and CEO, will be presenting at the Scotia Howard Weil 46th Annual Energy Conference on March 28th in New Orleans, Louisiana.

Feb 26, 2018 04:15 pm ET

California Resources Corporation Announces Fourth Quarter 2017 and Year End Results

California Resources Corporation (NYSE:CRC) (the Company), an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock (CRC net loss) of $138 million, or $3.23 per diluted share, for the fourth quarter of 2017. The adjusted net loss1 for the fourth quarter of 2017 was $14 million, or $0.33 per diluted share. For the full year of 2017, the CRC net loss was $266 million, or $6.26 per diluted share. The adjusted net loss1 for the full year of 201

Feb 26, 2018 01:00 pm ET

California Resources Corp to Host Earnings Call

NEW YORK, NY / ACCESSWIRE / February 26, 2018 / California Resources Corp (NYSE: CRC) will be discussing their earnings results in their Q4 Earnings Call to be held on February 26, 2018 at 5:00 PM Eastern Time.

Feb 22, 2018 04:15 pm ET

California Resources Corporation to Participate at Upcoming Industry Conference in February

California Resources Corporation (NYSE: CRC) announced that Mark Smith, Senior Executive Vice President & CFO, will be presenting at the J.P. Morgan 2018 Global High Yield & Leveraged Finance Conference Wednesday, February 28, 2018 in Miami, Florida.

Feb 21, 2018 07:40 am ET

New Research Coverage Highlights New Senior Investment Group, Simpson Manufacturing, MTGE Investment, Synergy Pharmaceuticals, California Resources, and Gaming and Leisure Properties - Consolidated Re

NEW YORK, Feb. 21, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of New Senior Investment Group Inc. (NYSE:SNR),...

Feb 07, 2018 04:15 pm ET

California Resources Corporation Announces New Midstream Joint Venture and Equity Investment

California Resources Corporation (NYSE: CRC) announced today that it entered into a midstream joint venture with a portfolio company of the Private Equity Group of Ares Management, L.P. The Ares portfolio company invested $750 million for certain common and preferred equity interests in the venture. In addition, the Ares-led investor group purchased approximately 2.34 million shares of common stock of CRC in a private placement for an aggregate purchase price of $50 million in cash, or $21.33 per share based on a recent volume-weighted average p

Jan 05, 2018 06:00 am ET

California Resources Corporation Announces Its Fourth Quarter and Year-End 2017 Earnings Release and Conference Call

California Resources Corporation (NYSE: CRC) will host its fourth quarter and full year financial results conference call on Monday, February 26th at 5:00 p.m. Eastern Standard Time. The Company’s earnings and guidance will be released following the market close on the same date.

Dec 29, 2017 08:23 am ET

California Resources Corporation to Participate at Upcoming Industry Conference in January

California Resources Corporation (NYSE: CRC) announced that Mark Smith, Senior Executive Vice President & CFO, will be participating at the Goldman Sachs Global Energy Conference on Tuesday, January 9, 2018 in Miami, Florida.

Dec 05, 2017 05:30 am ET

Detailed Research: Economic Perspectives on Synergy Pharmaceuticals, California Resources, KKR & Co., New Senior Investment Group, Simpson Manufacturing, and MTGE Investment — What Drives Growth in To

NEW YORK, Dec. 05, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Synergy Pharmaceuticals, Inc. (NASDAQ:SGYP), California Resources...

Nov 28, 2017 09:00 am ET

California Resources Corporation to Participate at Upcoming Industry Conferences in December

California Resources Corporation (NYSE: CRC) announced that it will be participating at the Cowen and Company’s 7th Annual Energy & Natural Resources Conference and the Global Mizuho Investor Conference 2017 in New York on Monday, December 4th, 2017.

Nov 17, 2017 04:48 pm ET

California Resources Corporation Closes New $1.3 Billion Term Loan

California Resources Corporation (NYSE: CRC) announced today that it successfully closed a $1.3 billion first lien secured term loan facility (“2017 Term Loan”). The 2017 Term Loan has a 5-year term, bears interest at a rate of LIBOR plus 4.75% per annum, subject to a 1.00% LIBOR floor, and was issued with original issue discount of 2%. Proceeds from the 2017 Term Loan are being used to repay outstanding indebtedness under our 2014 senior credit facility (“2014 Credit Facility”), including the repayment in full of a term loan and a reduction in

Nov 13, 2017 07:00 am ET

California Resources Corporation to Participate at Upcoming Industry Conferences

California Resources Corporation (NYSE: CRC) announced that it will be participating at the Seaport Global 6th Annual San Francisco Energy Day Conference in San Francisco, California on Tuesday, November 14, 2017 and at the Bank of America Merrill Lynch 2017 Global Energy Conference in Miami Beach, Florida on Thursday, November 16, 2017.

Nov 06, 2017 04:15 pm ET

California Resources Corporation Announces Third Quarter 2017 Results

California Resources Corporation (NYSE:CRC), an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock (CRC net loss) of $133 million, or $3.11 per diluted share, for the third quarter of 2017, compared with net income attributable to common stock (CRC net income) of $546 million, or $13.04 per diluted share, for the third quarter of 2016. The adjusted net loss1 for the third quarter of 2017 was $52 million, or $1.22 per diluted share, compared with an adjust

Nov 06, 2017 08:30 am ET

Research Report Identifies SandRidge, EXCO, California Resources, Verso, Vistra, and Arch Coal with Renewed Outlook – Fundamental Analysis, Calculating Forward Movement

NEW YORK, Nov. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of SandRidge Energy, Inc. (NYSE:SD), EXCO Resources,...

Feb 23, 2016 06:06 pm ET

Snyder's-Lance Set to Join the S&P MidCap 400; Trex, AMAG Pharmaceuticals to Join S&P SmallCap 600

NEW YORK, Feb. 23, 2016 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices:

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California Resources Corp (N:CRC)

Business Focus: Oil & Gas Exploration and Production