California Resources Corp. is pleased to announce it has updated and expanded its Environmental, Social, and Governance goals that build upon CRC's long-standing commitment to sustainability, the company's recent 2045 Full-Scope Net Zero Goal, and investment in low carbon initiatives that position CRC to lead the energy transition in California and beyond. CRC's ESG goals focus on providing low carbon intensity fuel today [...]
California Resources Corp. announced today that it will host its first quarter 2022 financial results conference call on Thursday, May 5th at 1:00 p.m. Eastern Time . The Company's earnings will be released before market open on the same date. We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10164563/f1eff7c58f. Callers who pre-register will be given a [...]
California Resources Corporation reported fourth quarter and full year 2021 operational and financial results. "2021 was a transformative year for CRC. We optimized our portfolio, maintained operational excellence, generated record free cash flow and advanced our Carbon Management Business," said Mac McFarland, President and Chief Executive Officer. "Our strong execution throughout the year and excellent financial results [...]
California Resources Corp. announced today that it will host its fourth quarter and full year 2021 financial results conference call on Thursday, February 24th at 1:00 p.m. Eastern Time . The Company's earnings will be released before market open on the same date. We encourage participants to pre-register for the conference call using the following link https://dpregister.com/sreg/10162383/f019f7b40d. Callers who [...]
California Resources Corp. received an A- from CDP for its 2021 climate disclosure, securing a top score at CDP's Leadership Level for the third year in a row. Once again, 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. Scoring at CDP's Leadership Level for three years in a row further highlights CRC's value as a differentiated [...]
California Resources Corp. announced today that certain Company executives will be participating in the following virtual and in-person events in December 2021 and January 2022: Cowen's Virtual 2021 Energy Summit on December 1-3, 2021 Pickering Energy Partners' Technology, Energy & Mobility Festival on December 14-15, 2021, Austin, TX Goldman Sachs' Global Energy and Clean Technology Conference on January 5-6, 2022 [...]
California Resources Corporation , an independent oil and natural gas company committed to energy transition in the sector, today reported third quarter 2021 operational and financial results. "Third quarter results continued to reflect strong operational performance and represented our best quarter this year in terms of free cash flow generation. These financial results enabled CRC to further enhance our shareholder [...]
California Resources Corp. announced today that Tiffany Thom Cepak, Chair of the Board for CRC's Board of Directors, has been recognized as one of the 2021 "Most Influential Black Corporate Directors" by Savoy magazine. As a leading business publication on African American success and achievement, Savoy publishes its annual definitive list recognizing and celebrating African American executives, influencers and achievers [...]
California Resources Corp. today announced the publication of its 2020 Sustainability Update. The update provides details of CRC's key environmental, social and governance performance metrics as well as progress on its established 2030 Sustainability goals. Additionally, CRC has also published metrics following the guidance of the Sustainability Accounting Standards Board and the American Petroleum Institute to promote [...]
California Resources Corp. announced today that it will host its third quarter 2021 financial results conference call on Thursday, November 11th at 1:00 p.m. Eastern Time . The Company's earnings will be released before the market open on the same date. We encourage participants to pre-register for the conference call using the following link https://dpregister.com/sreg/10160036/ed00623af0. Callers who pre-register will [...]
California Resources Corp. announced today that it will hold a virtual Carbon Storage Update on Wednesday, October 6, 2021, at 1 p.m. ET . Adoption of carbon capture technologies is critical to achieving greenhouse gas emission reduction goals around the world. This event will provide details on the launch of CRC's Carbon TerraVault I, a carbon capture and storage project focused on the capture and permanent storage of [...]
California Resources Corporation , an independent oil and natural gas company committed to energy transition in the sector, today reported second quarter 2021 operational and financial results. "CRC continued to deliver on its strategy with strong second quarter results driven by robust financial and operational performance, resulting in an increase in 2021 free cash flow1 guidance to $400 to $500 million. Given our [...]