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California Resources Corp (CRC.N)

CRC.N on New York Stock Exchange

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15 Jul 2020
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Latest Key Developments (Source: Significant Developments)

California Resources Corporation Announces Fourth Quarter 2018 And Full Year Results
Thursday, 28 Feb 2019 

Feb 27 (Reuters) - California Resources Corp ::ORATION ANNOUNCES FOURTH QUARTER 2018 AND FULL YEAR RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.53.Q4 EARNINGS PER SHARE $7.00.Q4 EARNINGS PER SHARE ESTIMATE $-0.02 -- REFINITIV IBES DATA.PRODUCED AN AVERAGE OF 136,000 BARRELS OF OIL EQUIVALENT (BOE) PER DAY IN QUARTER, AN INCREASE OF 8% OVER PRIOR YEAR PERIOD.PRODUCED AN AVERAGE OF 86,000 BARRELS OF OIL PER DAY IN QUARTER, AN INCREASE OF 8% OVER PRIOR YEAR PERIOD.QTRLY REPORTED ADJUSTED EBITDAX $314 MILLION.CALIFORNIA RESOURCES - IN DISCUSSION TO OBTAIN MORE INVESTMENTS FROM NEW, EXISTING JVS THAT COULD INCREASE 2019 CAPITAL PROGRAM BY $100 TO $150 MILLION.CRC'S INTERNALLY FUNDED INVESTMENTS WILL BE LARGELY DIRECTED TO QUICK PAYBACK PROJECTS.SEES Q1 PRODUCTION 132 TO 137 MBOE PER DAY.SEES Q1 CAPITAL $110 MILLION TO $140 MILLION.SEES Q1 PRODUCTION COSTS $18.25 TO $19.75 PER BOE.  Full Article

Royale Energy, Inc Says Entered Into A Joint Venture With California Resources Corporation
Monday, 22 Oct 2018 

Oct 22 (Reuters) - ROYALE ENERGY, INC: :ROYALE ENERGY, INC - ENTERED INTO A JOINT VENTURE WITH CALIFORNIA RESOURCES CORPORATION.  Full Article

California Resources - Sees About $200 Mln Of Capital Investment For Q3
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - California Resources Corp ::CALIFORNIA RESOURCES - SEES ABOUT $200 MILLION OF CAPITAL INVESTMENT FOR Q3.CALIFORNIA RESOURCES CORP SEES PRODUCTION OF APPROXIMATELY 136 MBOE/DAY REFLECTING AN OIL MIX OF 62% FOR Q3 OF 2018.CALIFORNIA RESOURCES SAYS SEES ABOUT $300 MILLION OF ADJUSTED EBITDAX FOR Q3 - SEC FILING.  Full Article

California Resources Corp - Entered Into Amendment To Its Credit Agreement Dated November 17, 2017 - SEC Filing
Wednesday, 19 Sep 2018 

Sept 18 (Reuters) - California Resources Corp ::CALIFORNIA RESOURCES CORP - ENTERED INTO AMENDMENT TO ITS CREDIT AGREEMENT DATED NOVEMBER 17, 2017 - SEC FILING.CALIFORNIA RESOURCES CORP - AMENDMENT PROVIDES FOR INCREASE IN CO'S ABILITY TO REPURCHASE AND REFINANCE ITS OUTSTANDING INDEBTEDNESS.  Full Article

California Resources seeks bankruptcy protection over oil slump

California Resources Corp filed for Chapter 11 on Wednesday after defaulting on interest payments, becoming the latest U.S. energy company to seek bankruptcy protection in recent months following the slump in oil prices.