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0 0 0 0.0205888012314797 0.0200115451221859 0.0202039638252839 -0.00654223590532993 -0.0250144314027323
Stock impact report

Strength Seen in California Resources (CRC): Can Its 6.7% Jump Turn into More Strength? [Yahoo! Finance]

California Resources Corporation (CRC) 
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
Company Research Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.3% gain over the past four weeks. A key driver behind the surge in CRC's share price on Friday was a significant shift in government policy. California Governor Gavin Newsom proposed easing permitting requirements for oil drilling across the state, signaling a more favorable regulatory environment for in-state energy companies. This policy adjustment boosted investor confidence that CRC would face fewer operational hurdles, potentially increasing future drilling opportunities and profitability. As the news broke, market participants responded positively, sending shares of the oil and gas exploration and production company higher. This company is expected to post quarterly earnings of $0.83 per share in its upcoming report, which represents a year-over-year change of +38.3%. Revenues are expected to be $826.49 million, up 60.8% from t Show less Read more
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