Does California Resources (CRC) Refinancing 8.250% Notes With 7.000% Debt Recast Its Capital Allocation Priorities? [Yahoo! Finance]
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: Yahoo! Finance
2034 at 100.500% of par, with proceeds earmarked to redeem an equal amount of its 8.250% senior unsecured notes due 2029. By refinancing higher-coupon debt with longer-dated 7.000% notes, California Resources is actively reshaping its balance sheet and potentially reducing future interest costs and refinancing risk. Next, we'll examine how this upsized 7.000% notes refinancing shapes California Resources' investment narrative around earnings quality, capital returns, and risk. Uncover the next big thing with 32 elite penny stocks that balance risk and reward. California Resources Investment Narrative Recap To own California Resources today, you have to believe in its ability to keep generating solid cash flow from regulated California oil and gas while gradually building a credible carbon management business. The upsized US$350 million 7.000% notes issue is a balance sheet clean-up that mostly supports this case rather than changing it. In the near term, permitting and regul
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CRC
News
- California Resources (CRC) had its price target raised by Barclays PLC from $67.00 to $72.00. They now have an "overweight" rating on the stock.MarketBeat
- A Look At California Resources (CRC) Valuation After Recent Share Price Momentum [Yahoo! Finance]Yahoo! Finance
- California Resources Corporation Announces Pricing of Upsized Private Offering of $350 Million of Additional 7.000% Senior Unsecured Notes due 2034GlobeNewswire
- California Resources Corporation Announces Private Offering of Additional 7.000% Senior Unsecured Notes due 2034 [Yahoo! Finance]Yahoo! Finance
- California Resources Corporation Announces Private Offering of Additional 7.000% Senior Unsecured Notes due 2034GlobeNewswire
CRC
Earnings
- 3/2/26 - Miss
CRC
Sec Filings
- 3/16/26 - Form 4
- 3/16/26 - Form SCHEDULE
- 3/16/26 - Form 8-K
- CRC's page on the SEC website