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. This permit authorizes the construction activities necessary for the development of the project, which would be the first of its kind in California. This decision follows the Kern Cou ...

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 (priva ...

LONG BEACH, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its third quarter 2024 financial results on Tuesday, November 5th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, November 6th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10192326/fd6685ad6e. Callers who pr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock CRC New York Stock Exchange FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 8, 2024 CALIFORNIA RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-36478 46-5670947 (State or other jurisdiction of incorporati ...

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 Deckelba ...

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 June 30, 2024 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) Delaware 46-5670947 (S ...

A DIFFERENT KIND OF ENERGY COMPANY Second Quarter 2024 Results August 7, 2024 Presenters Francisco Leon President and Chief Executive Officer Nelly Molina EVP and Chief Financial Officer Cash Flow Carbon California Higher Less Better $22 $35 MERGER CLOSED JULY 1, 2024 + CRC STANDALONE METRICS 76MBOE/D 2Q24 NET PRODUCTION 62% 13% 25% Oil NGLs Gas $97MM 2Q24 OPERATING CASH FLOW $34 $63 Capex Free Cash Flow * ACCELERATED CASH RETURNS 1 Raised fixed dividend by 25% Returned $136MM or 142% of 1H24 FCF* to shareh ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: IPG Photonics (IPGP) develops and manufactures high-performance fiber lasers, fiber amplifiers and diode lasers that are used for diverse applications, including materials processing, medical and advanced applications. The Zacks Consensus Estimate for its current year earnings has been revised 42.2% downward over the last 60 days. California Resources (CRC) is an exploration and production company as well as producer of oil and natur ...

California Resources Corporation (CRC) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -37.50%. A quarter ago, it was expected that this company would post earnings of $0.58 per share when it actually produced earnings of $0.75, delivering a surprise of 29.31%. Over the last four qua ...

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