California Resources (CRC) - 2024 Q1 - Earnings Call Presentation

First Quarter 2024 Results May 7, 2024 Presenters Francisco Leon President and Chief Executive Officer EVP and Chief Financial Officer Key Takeaways $54$33 4 Reduced outstanding share count by ~19% since program inception in May 2021 TARGETING AERA MERGER CLOSE IN MID-20242 CTV JV RECEIVED $46MM FROM BROOKFIELD FOR CTV I - 26R VAULT Nelly Molina S Key Takeaways 63$21 $58 RETURNED$94MM TO SHAREHOLDERS YTD1 GENERATED $149MM OF ADJ. EBITDAX*IN 1Q24 Robust financial and operational performance; Rese ...