Profile
Sector:
EnergyIndustry:
Oil & Gas Equipment & ServicesCountry:
United StatesIPO:
28 October 2020Website:
http://www.crc.comNext earnings report:
31 July 2024Last dividends:
31 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:06:45 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
CRC Latest News
PRINCETON, N.J.--(BUSINESS WIRE)---- $BMY #BristolMyersSquibb--Bristol Myers Squibb Announces U.S. FDA Accelerated Approval of KRAZATI® (adagrasib) in Combination with Cetuximab for Adult Patients with.
LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its upsized private offering of $600 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029 (the “Notes”) at par. The Notes will be guaranteed by all of the Company's existing subsidiaries that guarantee its revolving credit facility, its 7.125% senior unsecured notes due 2026 and certain future subsidiaries. The offering is expected to cl.
LONG BEACH, Calif.--(BUSINESS WIRE)--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 $500 million in aggregate principal amount of senior unsecured notes due 2029 (the “Notes”). The Notes will be guaranteed by all of the Company's existing subsidiaries that guarantee its revolving credit facility, its 7.125% senior unsecured notes due 2026 and certain future subsidiarie.
California Resources (CRC) has the ideal mix of essential elements for a probable earnings surpass in its forthcoming report. Be ready with the main predictions.
California Resources Corporation (CRC) Q4 2023 Earnings Call Transcript
The headline numbers for California Resources Corporation (CRC) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
California Resources Corporation (CRC) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.24 per share a year ago.
California Resources (CRC) and Aera Energy's merger will add large, conventional, low decline, oil-weighted, proved developed producing reserves to CRC's asset bases and sustainable cash flows.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
California Resources Corporation (CRC) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
What type of business is California Resources?
California Resources Corporation operates as an independent oil and natural gas company. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2021, it had interests in approximately 1.9 million net mineral acres with proved reserves totaled an estimated 480 million barrels of oil equivalent. The company also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.
What sector is California Resources in?
California Resources is in the Energy sector
What industry is California Resources in?
California Resources is in the Oil & Gas Equipment & Services industry
What country is California Resources from?
California Resources is headquartered in United States
When did California Resources go public?
California Resources initial public offering (IPO) was on 28 October 2020
What is California Resources website?
https://www.crc.com
Is California Resources in the S&P 500?
No, California Resources is not included in the S&P 500 index
Is California Resources in the NASDAQ 100?
No, California Resources is not included in the NASDAQ 100 index
Is California Resources in the Dow Jones?
No, California Resources is not included in the Dow Jones index
When does California Resources report earnings?
The next expected earnings date for California Resources is 31 July 2024