Welcome to our dedicated page for California Res news (Ticker: CRC), a resource for investors and traders seeking the latest updates and insights on California Res stock.
California Resources Corp (CRC) delivers essential energy solutions as California's largest oil and natural gas producer. This news hub provides investors and stakeholders with timely updates on CRC's operational developments, strategic initiatives, and regulatory engagements.
Access authoritative coverage of CRC's earnings reports, partnership announcements, and sustainability efforts, all curated to support data-driven decisions. Our repository ensures you stay informed on production updates, infrastructure investments, and market positioning within California's evolving energy sector.
Explore verified press releases, operational milestones, and analysis of CRC's role in advancing regional energy security. Content is rigorously updated to reflect the company's focus on low-carbon intensity operations and community-driven resource management.
Bookmark this page for streamlined access to CRC's latest developments, or check back regularly for insights into how California's energy leader navigates industry challenges and opportunities.
California Resources Corporation (NYSE: CRC) will host its third quarter 2021 financial results conference call on November 11, 2021, at 1:00 p.m. Eastern Time. The earnings release is scheduled for the same day before market open. Participants can pre-register using a provided link for expedited access. Company executives will also participate in several virtual events throughout November and December, including conferences by Goldman Sachs and BofA Securities. Presentation materials will be available on the Investor Relations page on the company’s website.
California Resources Corporation (NYSE: CRC) will host a virtual Carbon Storage Update on October 6, 2021, at 1 p.m. ET. The event will highlight the launch of CRC’s Carbon TerraVault I, aimed at capturing and permanently storing carbon dioxide (CO2) emissions. Attendees will also learn about the CalCapture project, focusing on the capture and utilization of CO2 for enhanced recovery, and CRC’s strategic role in carbon capture to support California's energy transition. Registration is encouraged for this informative session.
California Resources Corporation (CRC) reported strong second quarter results, increasing its 2021 free cash flow guidance to $400-$500 million. The company raised its Share Repurchase Program from $150 million to $250 million and announced an acquisition of a 90% working interest in joint venture wells for $53 million. CRC also plans to divest non-core Ventura operations, projected to generate up to $102 million in cash. The company is advancing its CCS initiatives, targeting a 40 million metric ton permanent storage project, reinforcing its commitment to energy transition.
California Resources Corporation (NYSE: CRC) will host its second quarter 2021 financial results conference call on August 5th at 5:00 p.m. ET. Earnings will be released after market close on the same day. Participants can pre-register for the call to gain immediate access using a unique PIN. The conference call can also be joined via dial-in methods or a webcast. A replay will be available for 90 days on the investor relations page.
CRC specializes in oil and natural gas exploration and production, utilizing advanced technology for efficient energy supply.
California Resources Corporation (NYSE: CRC) will participate in the 2021 TD Securities Virtual Energy Conference from July 6-8. CRC will provide presentation materials on the day of the event, accessible through their Investor Relations page. The company specializes in oil and natural gas exploration and production, leveraging advanced technology to ensure safe and responsible energy supply.
California Resources Corporation (CRC) reported strong Q1 2021 results with a net loss of $94 million, but adjusted net income of $102 million. The company generated free cash flow of $120 million, reaffirming its 2021 guidance of $250-$350 million. CRC's Board authorized a $150 million Share Repurchase Program, enhancing shareholder value. The company successfully simplified its capital structure with a $600 million debt offering and ended the quarter with $130 million cash. Operationally, CRC produced an average of 99,000 BOE per day while maintaining significant cost reductions.
California Resources Corporation (NYSE: CRC) will participate in the 2021 Virtual Wells Fargo Energy Conference on June 2-3. The Company’s executives will present at this event, and relevant presentation materials will be available on the Investor Relations section of the CRC website the day of the conference. CRC is engaged in oil and natural gas exploration and production, utilizing advanced technology to supply affordable energy safely and responsibly.
California Resources Corporation (NYSE: CRC) will host its first quarter 2021 financial results conference call on May 13 at 11:00 a.m. ET. Earnings will be released before the market opens on the same day. Participants can pre-register for the call online to gain immediate access. The company will also participate in several upcoming virtual events in May and June, including conferences by Goldman Sachs, RBC Capital Markets, and J.P. Morgan. Presentation materials will be available on the Investor Relations page of CRC's website.
California Resources Corporation (CRC) announced the appointment of Tiffany (TJ) Thom Cepak as the new Chair of the Board of Directors, succeeding Mark A. (Mac) McFarland, who is now the President and CEO. This change emphasizes the Company's commitment to strong corporate governance by separating the roles of Chair and CEO. Ms. Cepak brings over 26 years of energy industry experience and has held significant positions such as Chief Financial Officer at multiple energy companies. Her leadership is expected to enhance the Company’s oversight following its emergence from bankruptcy.
