California Resources Corp. received an A- from CDP for our 2019 climate disclosure, scoring at CDP’s Leadership Level. CRC received the highest ranking among all U.S. oil and gas companies, tying for first with one other U.S.-based E&P with global operations. This recognition highlights CRC’s differentiated value as a California E&P and the company’s ongoing commitment to provide sustainable, safe and [...]
California Resources Corp. will host its fourth quarter and full year 2019 financial results conference call on Wednesday, February 26th at 5:00 p.m. EST . The Company’s earnings and guidance will be released following the market close on the same date. We encourage participants to pre-register for the conference call webcast using the following link http://dpregister.com/10137361. Callers who pre-register will be [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, announced that Mark Smith, CRC’s Senior Executive Vice President and Chief Financial Officer, will be participating in the Goldman Sachs Global Energy Conference 2020 on January 7th - 8th, 2020, in Miami, Florida. Presentation materials will be available on the day of the event on the “Earnings and [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock of $94 million, or $1.89 per diluted share, for the third quarter of 2019. Adjusted net income1 was $17 million, or $0.35 per diluted share. Operational and financial highlights for the third quarter of 2019 were as follows: Third Quarter Highlights Reported [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, announced that Todd Stevens, CRC’s President and Chief Executive Officer, will be presenting at Bank of America Merrill Lynch’s 2019 Global Energy Conference. He will be presenting at 2:00 pm EST on November 13th in Miami, Florida. Presentation materials and the link to the live audio webcast will be [...]
California Resources Corp. will host its third quarter 2019 financial results conference call on Monday, November 4th at 5:00 p.m. EST . The Company’s earnings and guidance will be released following the market close on the same date. We encourage participants to pre-register for the conference call webcast using the following link http://dpregister.com/10134619. Callers who pre-register will be given a conference [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, announced that Todd Stevens, CRC’s President and Chief Executive Officer, will be presenting at the 2019 Barclays CEO Energy-Power Conference at 11:45 am EDT on September 4th, 2019 in New York, New York. Presentation materials and the link to the live audio webcast will be available on the day of the event on [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock of $12 million, or $0.24 per diluted share, for the second quarter of 2019. Adjusted net loss1 was $14 million, or $0.29 per diluted share. Operational and financial highlights for the second quarter of 2019 were as follows: Highlights Reported adjusted [...]
California Resources Corp. and Colony Capital, Inc. through its energy investment management arm, Colony HB2 Energy , announced today that they have formed a strategic joint venture in which Colony has committed to fund $320 million for the development of CRC’s flagship Elk Hills field, located in the San Joaquin Basin. Subject to the mutual agreement of the parties, the total investment may be increased to $500 [...]
California Resources Corp. will host its second quarter 2019 financial results conference call on Thursday, August 1st at 5:00 p.m. EDT . The Company’s earnings and guidance will be released following the market close on the same date. We encourage participants to pre-register for the conference call webcast using the following link http://dpregister.com/10132315. Callers who pre-register will be given a conference [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, announced that Mark Smith, CRC’s Senior Executive Vice President and Chief Financial Officer, will be presenting at the Bank of America Merrill Lynch 2019 Energy Credit Conference. He will be presenting at 3:40 pm EDT on June 5th, 2019 in New York, New York. Presentation materials and the link to the live [...]
California Resources Corp. , an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock of $67 million, or $1.38 per diluted share, for the first quarter of 2019. Adjusted net income1 for the first quarter of 2019 was $31 million, or $0.63 per diluted share. Operational and financial highlights for the first quarter of 2019 are as follows: This [...]
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