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California ResourcesNYSE: CRC

Profile

Sector:

Energy

Country:

United States

IPO:

28 October 2020

Next earnings report:

27 February 2025

Last dividends:

30 August 2024

Next dividends:

02 December 2024
$5.33 B
-3%vs. 3y high
71%vs. sector
-61%vs. 3y high
31%vs. sector
-55%vs. 3y high
54%vs. sector
-2%vs. 3y high
61%vs. sector

Price

after hours | Wed, 20 Nov 2024 22:59:43 GMT
$58.16+$1.42(+2.50%)
$990.00 M$904.91 M
$990.00 M$345.00 M

Analysts recommendations

Institutional Ownership

CRC Latest News

California Resources Stock Could Be a Huge Long-Term Winner
marketbeat.com10 November 2024 Sentiment: POSITIVE

With all the talk around AI and data centers, markets have been swooning over companies that can provide one key resource to power these trends: electricity. AI workloads run on data centers that need a lot of electricity.

California Resources Corporation (CRC) Q3 2024 Earnings Call Transcript
seekingalpha.com06 November 2024 Sentiment: NEUTRAL

California Resources Corporation (NYSE:CRC ) Q3 2024 Earnings Conference Call November 6, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations and Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President and CCO Omar Hayat - Executive Vice President, Operations Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Betty Jiang - Barclays David Deckelbaum - TD Cowen Josh Silverstein - UBS Scott Gruber - Citigroup Leo Mariani - ROTH Michael Scialla - Stephens Noel Parks - Tuohy Brothers Operator Good day. And welcome to the California Resources Corporation Third Quarter 2024 Conference Call.

California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates
zacks.com05 November 2024 Sentiment: POSITIVE

California Resources Corporation (CRC) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.02 per share a year ago.

California Resources Reports Third Quarter 2024 Financial and Operating Results
globenewswire.com05 November 2024 Sentiment: NEUTRAL

LONG BEACH, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the third quarter of 2024.

Carbon TerraVault Provides Third Quarter 2024 Update
globenewswire.com05 November 2024 Sentiment: POSITIVE

Received Kern County Board of Supervisors' Conditional Use Permits Approval for CTV I CCS project Signed a Brownfield MOU for up to ~1.5 MMTPA of CO 2 Emissions LONG BEACH, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), today provided a third quarter 2024 update.

Kern County Board of Supervisors Advance CRC's Carbon TerraVault I Project
globenewswire.com21 October 2024 Sentiment: POSITIVE

LONG BEACH, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault, today announced the Kern County Board of Supervisors' unanimous approval of the conditional use permit for the Carbon TerraVault I (CTV I) carbon capture and storage project.

Canter Completes Railroad Valley Acquisition
newsfilecorp.com17 October 2024 Sentiment: POSITIVE

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to report that the Company's transaction to acquire the Railroad Valley claims ("RV Project"), as previously reported (see Company news release on September 12, 2024), has now closed. The RV Project claim block is contiguous with ground controlled by the most active critical mineral explorer in Railroad Valley, 3 Proton Lithium or 3PL (private).

California Resources Corporation Announces Consideration for Tender Offer for Certain of its 7.125% Senior Notes due 2026
businesswire.com22 August 2024 Sentiment: POSITIVE

LONG BEACH, Calif.--(BUSINESS WIRE)-- #CCS--California Resources Corporation (NYSE: CRC) (the “Company”) today announced the consideration payable as set forth in the table below in respect of the previously announced cash tender offer (the “Tender Offer”) to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 (the “2026 Notes”) upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024, as amended (the “Offer to.

California Resources Corporation Announces Early Tender Results of Tender Offer for Certain of its 7.125% Senior Notes due 2026
businesswire.com21 August 2024 Sentiment: POSITIVE

LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) today announced the early tender results in respect of the previously announced cash tender offer (the “Tender Offer”) to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 (the “2026 Notes”) upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024, as amended (the “Offer to Purchase”). Early Tender Results.

California Resources Corporation (CRC) Q2 2024 Earnings Call Transcript
seekingalpha.com07 August 2024 Sentiment: NEUTRAL

California Resources Corporation (NYSE:CRC ) Q2 2024 Earnings Conference Call August 7, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations & Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Kalei Akamine - Bank of America Betty Jiang - Barclays Scott Gruber - Citigroup Kevin MacCurdy - Pickering Energy Partners David Deckelbaum - TD Cowen Leo Mariani - ROTH Noel Parks - Tuohy Brothers Investment Research Operator Good day, and welcome to the California Resources Corporation Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.

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What type of business is California Resources?

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, 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. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, 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 was California Resources the previous earnings report?

No data

When does California Resources earnings report?

The next expected earnings date for California Resources is 27 February 2025