New oil bonding bill would make it harder for large producers to buy rivals [Yahoo! Finance]
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: Yahoo! Finance
sharply different ideas about managing oil-field assets and, by extension, reducing taxpayer-borne cleanup costs. The Oil Well Cleanup Accountability Act, introduced by Assemblyman Gregg Hart, D-Santa Barbara, passed out of the Assembly's Natural Resources Committee on Monday on a 10-4 vote. Next it heads to the Assembly Appropriations Committee, and then, if it's approved there, to the state Senate. Also known as Assembly Bill 2461, the legislation is in some ways an attempt to close what industry critics see as loopholes in similar legislation passed in 2023. It would extend not just the definition of what kinds of wells the earlier law applies to, but also broaden the types of transactions triggering enforcement of the measure — with potentially big implications for large producers doing acquisitions. More than $100 million in taxpayer money has been set aside in recent years to clean up wells left behind by California oil and gas producers. Environmental groups, worried the
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CRC
News
- California Resources (CRC) had its price target raised by UBS Group AG from $81.00 to $82.00. They now have a "buy" rating on the stock.MarketBeat
- California Resources Corporation Schedules First Quarter 2026 Earnings Conference CallGlobeNewswire
- California Resources (CRC) was upgraded by <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=CRC&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> from "sell"MarketBeat
- How Investors May Respond To California Resources (CRC) Rising Analyst Optimism And Upgraded Earnings Outlook [Yahoo! Finance]Yahoo! Finance
- California Resources, Expro, RPC, HighPeak Energy, and Nabors Industries Shares Are Falling, What You Need To Know [Yahoo! Finance]Yahoo! Finance
CRC
Earnings
- 3/2/26 - Miss
CRC
Sec Filings
- 4/17/26 - Form 8-K
- 3/30/26 - Form 144
- 3/26/26 - Form SCHEDULE
- CRC's page on the SEC website