California Resources Reports Third Quarter 2024 Financial and Operating Results
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: GlobeNewswire
LONG BEACH, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the third quarter of 2024. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 6, 2024. Participation details can be found within this release. In addition, supplemental slides are available on CRC’s website at www.crc.com. Highlights Generated $345 million of net income, $137 million of adjusted net income1 and $402 million of adjusted EBITDAX1Generated $220 million of net cash provided by operating activities, $249 million of net cash provided by operating activities before changes in operating assets and liabilities1 and $141 million of free cash flow1Strong third quarter 2024 average net production sold of 145 thousand barrels of oil equivalent per day (MBoe/d) and average net oil production sold of 113 thousand barrels of oil per day (MBo/d). Drilling and workover capital inve
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News
- California Resources Co. (NYSE: CRC) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $63.00 price target on the stock.MarketBeat
- California Resources Corporation Announces January Investor Conference Participation [Yahoo! Finance]Yahoo! Finance
- California Resources Corporation Announces January Investor Conference ParticipationGlobeNewswire
- California Resources Co. (NYSE: CRC) was upgraded by analysts at Capital One Financial Co. to a "strong-buy" rating.MarketBeat
- California Resources and Net Power link for low-carbon power solutions [Yahoo! Finance]Yahoo! Finance
CRC
Earnings
- 11/5/24 - Beat
CRC
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- 12/12/24 - Form 144
- CRC's page on the SEC website