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California Resources Corp (CRC.N)

CRC.N on New York Stock Exchange

14.62USD
19 Jul 2019
Change (% chg)

$0.40 (+2.81%)
Prev Close
$14.22
Open
$14.22
Day's High
$14.98
Day's Low
$14.04
Volume
554,956
Avg. Vol
508,616
52-wk High
$50.30
52-wk Low
$13.48

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 Q2 Adjusted Loss Per Share $0.29
Friday, 3 Aug 2018 

Aug 2 (Reuters) - California Resources Corp ::ORATION ANNOUNCES SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED LOSS PER SHARE $0.29.Q2 LOSS PER SHARE $1.70.Q2 EARNINGS PER SHARE VIEW $-0.36 -- THOMSON REUTERS I/B/E/S.INCREASED 2018 CAPITAL BUDGET TO A RANGE OF $650 MILLION TO $700 MILLION.Q3 2018 PRODUCTION GUIDANCE OF 134,000 TO 138,000 BOE PER DAY.PRODUCED 134,000 BOE PER DAY IN QUARTER.  Full Article

California Resources Corp Files Prospectus Relates To Offering Of Up To 2.85 Million Shares Of Co's Common Stock By Selling Stockholder - SEC Filing
Saturday, 12 May 2018 

California Resources Corp ::CALIFORNIA RESOURCES CORP FILES PROSPECTUS RELATES TO OFFERING OF UP TO 2.85 MILLION SHARES OF CO'S COMMON STOCK BY SELLING STOCKHOLDER - SEC FILING.  Full Article

Chevron Reports A 6.2 Pct Passive Stake In California Resources
Tuesday, 17 Apr 2018 

April 16 (Reuters) - California Resources Corp ::CHEVRON CORP REPORTS A 6.2 PCT PASSIVE STAKE IN CALIFORNIA RESOURCES CORP <<>> AS OF APRIL 9 - SEC FILING.  Full Article

California Resources says ‍entered into $1.3 bln credit agreement with Goldman Sachs Bank USA and various lenders​
Saturday, 18 Nov 2017 

Nov 17 (Reuters) - California Resources Corp :California Resources - ‍entered into $1.3 billion credit agreement with Goldman Sachs Bank USA, Bank Of New York Mellon Trust Company and various lenders​.California Resources Corp says the ‍2017 term loans under the credit agreement mature on December 31, 2022​ - SEC Filing.California Resources- proceeds of loans in credit agreement used to pay outstanding term loans&part of revolving loans in credit agreement as of Sept'14‍​.  Full Article

California Resources Corp posts Q3 loss of $3.11 per share
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - California Resources Corp :California Resources Corporation announces third quarter 2017 results.Q3 adjusted loss per share $1.22.Q3 earnings per share view $-1.59 -- Thomson Reuters I/B/E/S.Q3 loss per share $3.11.Qtrly total revenues and other $445 million versus $456 mln‍​.Qtrly t‍otal daily production volumes averaged 128,000 BOE/D versus 138,000 BOE/D.  Full Article