Group 1: Energy Sector Overview - Energy stocks, represented by the Energy Select Sector SPDR Fund (XLE), faced a challenging first half of 2025, with a decline of over 5% year-to-date as of late May due to tariff uncertainties and geopolitical factors [1] - Despite the overall downturn, demand for oil and gas products continues to rise, although prices have fallen since the start of the year due to increased production [2] Group 2: Sable Offshore - Sable Offshore Corp. (SOC) has seen a significant rally, with shares up about 42% in the last month and more than 19% year-to-date, following a sell-off in April [3][5] - The company is restarting oil production at its Santa Ynez Unit at a rate of approximately 6,000 barrels per day, with plans to fill its capacity of 540,000 barrels by June and relaunch oil sales by July [4] - Despite a quarterly net loss of over $109 million and outstanding debt of nearly $855 million, investor optimism remains strong, with a consensus price target suggesting about 10% upside potential [5] Group 3: California Resources Corp. - California Resources Corp. (CRC) has a 12-month stock price forecast of $61.27, indicating a potential upside of 38.63% [6] - The company has benefited from its merger with Aera Energy, expected to yield $185 million in collaborative gains through the last three quarters of 2025 [8] - CRC generated $131 million in free cash flow in the first quarter while funding $223 million in share and debt repurchases and $35 million in dividends [9] Group 4: BKV Corp. - BKV Corp. has a 12-month stock price forecast of $28.13, suggesting a 30.94% upside [10] - The company has secured $500 million in funding for its carbon sequestration projects, which is expected to accelerate growth in this area [11] - BKV shares have declined year-to-date by 7% but have rallied nearly 21% in the last month, with unanimous Buy ratings from eight analysts [12]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-36478 California Resources Corporation (Exact name of registrant as specified in its charter) (State or other juris ...

California Resources (CRC) Q1 2025 Earnings Call May 07, 2025 01:00 PM ET Company Participants Joanna Park - Vice President of Investor Relations, TreasurerFrancisco Leon - President, Chief Executive OfficerClio Crespy - Executive VP & Chief Financial OfficerScott Hanold - Managing Director - Energy ResearchJosh Silverstein - Managing DirectorDavid Deckelbaum - Managing Director: Sustainability & Energy TransitionOmar Hayat - Executive VP & Chief Operating OfficerNate Pendleton - Vice PresidentNoel Parks - ...

California Resources (CRC) Q1 2025 Earnings Call May 07, 2025 01:00 PM ET Speaker0 Good day, and welcome to the California Resources Corporation First Quarter twenty twenty five Conference Call. All participants will be in listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Joanna Park, Vice President of Investor Relations and Treasurer. Please go ahead. Speaker1 Good morning, and welcome to California Resources Corporation's first quarter twenty twent ...

3. BALANCE SHEET & HEDGE BOOK STRENGTH REDUCE 2025 RISK ~70% of remaining 2025E net production hedged at a floor price of ~$67/bbl Brent drives cash flow stability Integrated strategy provides revenue diversification (power and natural gas marketing with CMB in development) Strengthened financial position – 0.7x 2025E Net Leverage*, 4: redeemed $123MM of 2026 Senior Notes in February 2025, targeting to address the balance in 2025 See slide 25 for "Assumptions, Estimates and Endnotes". 2 First Quarter 2025 R ...

California Resources Corporation (CRC) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items. While California Resources has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address ...

California Resources Reports First Quarter 2025 Financial and Operating Results Returned $258 Million to Stakeholders, Maintained Balance Sheet Strength, Delivered Flat Quarter-Over- Quarter Total Net Production Company Reaffirms its 2025 Production, Capital Investment and Adjusted EBITDAX Guidance LONG BEACH, California, May 6, 2025 - California Resources Corporation (NYSE: CRC) today reported financial and operating results for the first quarter of 2025. The Company plans to host a conference call and web ...

Returned $258 Million to Stakeholders, Maintained Balance Sheet Strength, Delivered Flat Quarter-Over-Quarter Total Net Production Company Reaffirms its 2025 Production, Capital Investment and Adjusted EBITDAX Guidance LONG BEACH, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the first quarter of 2025. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, May 7, 2025. Particip ...

On Track to Inject CO2 at California's First CCS Project by Year-End LONG BEACH, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), provided an update on its first quarter 2025 operations. California Resources Corporation (NYSE: CRC) conducts its carbon management business through CTV which pursues carbon capture and sequestration (CCS) projects that are directly sited or within close proximity to si ...

California Resources Corporation (CRC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rel ...