Key Details
Price
$52.44Last Dividend
$0.39Annual Revenue
$2.81 BAnnual EPS
$7.78Annual ROE
27.63%Beta
1.12Events Calendar
Next earnings date:
Feb 27, 2025Recent quarterly earnings:
Nov 05, 2024Recent annual earnings:
Feb 27, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 02, 2024Next split:
N/ARecent split:
June 01, 2016Analyst ratings
Recent major analysts updates
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Represents Nation's First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields LONG BEACH, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced receipt of final Class VI well permits from the Environmental Protection Agency (EPA) for underground injection and storage of carbon dioxide (CO2) into the 26R reservoir, located at CRC's Elk Hills Field in Kern County, California.
LONG BEACH, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC), an independent company focused on energy and carbon management, announced that its executives will attend several events in January 2025. These include the Goldman Sachs Energy, CleanTech & Utilities Conference from January 7 to 8 in Aventura, FL, the StoneX Natural Resources Day 3.0 on January 9 in New York, NY, and the UBS Winter Infrastructure & Energy Conference from January 13 to 15 in Deer Valley, UT, as well as the Jefferies CCS Conference on January 14, which will be held online. Presentation materials will be accessible on the day of each event on the Earnings and Presentations page in the Investor Relations section of www.crc.com.
There has been a lot of discussion about AI and data centers, leading to excitement in the markets for companies that can supply a crucial resource: electricity. Data centers that support AI tasks require a significant amount of power.
California Resources Corporation (NYSE:CRC) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 1:00 PM ET. The call will feature key company participants, including Joanna Park, Francisco Leon, Nelly Molina, Jay Bys, and Omar Hayat. Various conference call participants from different financial institutions will also be present.
California Resources Corporation (CRC) reported quarterly earnings of $1.50 per share, which is higher than the Zacks Consensus Estimate of $0.89 per share. This is an increase compared to earnings of $1.02 per share from the same period last year.
LONG BEACH, Calif., Nov. 5, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) has announced its financial and operational results for the third quarter of 2024.
Carbon TerraVault Holdings, LLC (CTV), a carbon management branch of California Resources Corporation, announced on November 5, 2024, that they received approval for Conditional Use Permits from the Kern County Board of Supervisors for the CTV I CCS project. They also signed a Brownfield Memorandum of Understanding for approximately 1.5 million tons per year of CO2 emissions. This information was shared in their update for the third quarter of 2024.
LONG BEACH, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management division, Carbon TerraVault, have received unanimous approval from the Kern County Board of Supervisors for the conditional use permit for the Carbon TerraVault I (CTV I) carbon capture and storage project.
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) is happy to announce that it has successfully completed the acquisition of the Railroad Valley claims, known as the RV Project, as mentioned in the news release on September 12, 2024. The RV Project is located next to land held by 3 Proton Lithium, the most active explorer of critical minerals in Railroad Valley.
LONG BEACH, Calif.--(BUSINESS WIRE)-- #CCS--California Resources Corporation (NYSE: CRC) has revealed the payment details for its previously announced cash tender offer. This offer aims to buy back up to $300 million of its 7.125% senior notes due in 2026, following the terms outlined in the Company's Offer to Purchase from August 8, 2024, which has been updated.
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