California Resources Reports First Quarter 2024 Financial and Operating Results
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: Business Wire
CRC Committed to Shareholder Return Strategy; Returned Nearly $95 million Year to Date to Shareholders via Dividends and Share Repurchases LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) today reported financial and operating results for the first quarter 2024. The Company plans to host a conference call and webcast on Wednesday, May 8th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). Participation details can be found within this release. In addition, supplemental slides are posted to CRC’s website at www.crc.com.First Quarter 2024 Highlights:Returned $79 million to shareholders through share repurchases and dividendsReported $87 million of net cash from operating activitiesNet cash provided by operating activities before changes in operating assets and liabilities, net1 of $92 million includes $25 million of costs related to the Aera transaction and incremental energy costs due to scheduled power plant major maintenanceReported net loss of $
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News
- California Resources Co. (NYSE: CRC) had its price target raised by analysts at Mizuho from $63.00 to $64.00. They now have a "buy" rating on the stock.MarketBeat
- California Resources Corporation (NYSE:CRC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- California Resources Reports First Quarter 2024 Financial and Operating Results [Yahoo! Finance]Yahoo! Finance
- Carbon TerraVault Provides First Quarter 2024 Update [Yahoo! Finance]Yahoo! Finance
- Carbon TerraVault Provides First Quarter 2024 UpdateBusiness Wire
CRC
Earnings
- 5/7/24 - Beat
CRC
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 4
- 5/9/24 - Form 8-K
- CRC's page on the SEC website