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California Resources (CRC) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2026-02-25 15:15
The upcoming report from California Resources Corporation (CRC) is expected to reveal quarterly earnings of $0.49 per share, indicating a decline of 46.2% compared to the year-ago period. Analysts forecast revenues of $786.68 million, representing a decline of 10.3% year over year.The current level reflects a downward revision of 26.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...
California Resources Corporation Achieves ‘Grade A’ Certification for its San Joaquin Valley Basin Assets
Globenewswire· 2026-02-25 14:00
Third consecutive independent MiQ certification underscores CRC’s commitment to meeting California's energy needs responsiblyBAKERSFIELD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) announced today that it has received a ‘Grade A’ certification through MiQ, the global methane certification and verification standard, for production segments across their San Joaquin Valley operating assets in Fresno and Kern Counties. This marks CRC’s third MiQ certification, with th ...
California Resources Corporation (CRC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
ZACKS· 2026-02-23 16:01
Wall Street expects a year-over-year decline in earnings on lower revenues when California Resources Corporation (CRC) reports results for the quarter ended December 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be rele ...
Will California Resources (CRC) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2026-02-20 18:10
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? California Resources Corporation (CRC) , which belongs to the Zacks Oil and Gas - Exploration and Production - United States industry, could be a great candidate to consider.This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 16.16%.Fo ...
Guardant Health Launches Community Colorectal Cancer Screening Grant Program in Recognition of CRC Awareness Month, Applications Now Open
Prnewswire· 2026-02-12 19:35
Core Insights - Guardant Health has launched a Community Colorectal Cancer Screening Grant Program to enhance access to colorectal cancer screening during March, which is Colorectal Cancer Awareness Month [1] - The program will provide selected organizations with up to 100 Shield tests at no cost to support community health fairs, screening events, and educational outreach [1] - Shield is the first FDA-approved blood test for colorectal cancer screening for adults aged 45 and older at average risk, offering a more convenient option compared to traditional methods [1] Company Initiatives - The grant program aims to remove barriers to screening, particularly in underserved communities, and supports organizations that focus on health outreach [1] - Applications for the grant are open until February 17, 2026, with notifications of approval sent on February 20, 2026 [1] - Organizations interested in applying are encouraged to review the Request for Proposals and complete the application form [1] Product Information - Shield is a non-invasive blood-based screening test that detects alterations associated with colorectal cancer, intended for individuals aged 45 and older at average risk [1] - A positive result from the Shield test indicates the need for further evaluation through colonoscopy [1] - Guardant Health is focused on transforming patient care and accelerating cancer therapies through advanced testing and analytics [1]
California Resources Corporation Schedules Fourth Quarter and Full Year 2025 Earnings Conference Call
Globenewswire· 2026-01-15 14:00
Core Viewpoint - California Resources Corporation (CRC) is set to release its fourth quarter and full year 2025 financial results on March 2, 2026, before market hours, followed by a conference call to discuss these results [1]. Group 1: Financial Results Announcement - CRC will announce its financial results for Q4 and the full year of 2025 on March 2, 2026 [1]. - A conference call to discuss these results is scheduled for March 2 at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) [1]. Group 2: Conference Call Participation - Participants are encouraged to pre-register for the conference call via a provided link, which allows them to gain immediate access and bypass the live operator [2]. - The conference call can be accessed by dialing (877) 328-5505 for domestic callers or +1-412-317-5421 for international callers, or through a webcast on the company's website [3]. - A digital replay of the conference call will be available for approximately 90 days on the Investor Relations page of the company's website [3]. Group 3: Company Overview - California Resources Corporation is an independent energy and carbon management company focused on energy transition and environmental stewardship [4]. - The company aims to maximize the value of its land and mineral ownership while developing carbon capture and storage (CCS) and other emissions-reducing projects [4].
California Resources Corporation and Los Angeles Rams Score in Carbon Management Initiative
Globenewswire· 2026-01-08 13:00
Core Insights - The partnership between California Resources Corporation (CRC) and the Los Angeles Rams, titled "Football Without the Footprint," aims to reduce and offset the team's carbon emissions while providing local environmental and community benefits [1][2]. Group 1: Partnership Achievements - In 2025, CRC analyzed the Rams' energy use and travel-related emissions, developing a portfolio of high-integrity environmental products to offset the team's carbon footprint [2]. - The Rams became the first NFL team in California to purchase locally sourced carbon credits, marking a significant milestone in the partnership [2]. - Key accomplishments from the first year include engaging fans and local communities to raise awareness of carbon management and promoting a sustainable energy future [3]. Group 2: Environmental Impact - CRC delivered MiQ-certified low-carbon crude oil certificates equivalent to the jet fuel consumed by the Rams for away-game travel, with a carbon intensity 54% lower than the California average [6]. - MiQ-certified low-carbon natural gas certificates were provided for the team's facility consumption, achieving the highest Grade A rating for methane intensity [6]. - Carbon credits from an industrial emissions avoidance project in Huntington Beach were evaluated by BeZero Carbon and received an "A.pre" rating, indicating high integrity [6]. - Credits sourced from a forestry project benefiting the Colorado River Basin support local ecosystems and drinking water supply for Southern California [6]. Group 3: Company Overview - California Resources Corporation (CRC) is an independent energy and carbon management company focused on energy transition and environmental stewardship [5]. - CRC aims to maximize the value of its land and mineral ownership while developing carbon capture and storage (CCS) projects to reduce emissions [5][7].
This Energy Stock Fell 11% in a Year, but One Fund Is Betting $169 Million on Its Performance
The Motley Fool· 2025-12-29 19:30
Core Viewpoint - Sourcerock Group has significantly increased its stake in California Resources Corporation, indicating strong confidence in the company's long-term potential despite recent stock performance [1][2][10]. Group 1: Investment Activity - Sourcerock Group added 1.18 million shares of California Resources Corporation, raising its total holdings to 3.18 million shares, valued at $169.14 million as of September 30 [2][3]. - The increase in stake represents 11.5% of Sourcerock's 13F assets under management [3][8]. Group 2: Company Financials - California Resources Corporation reported a revenue of $3.51 billion and a net income of $384 million for the trailing twelve months [4]. - The company generated $279 million in operating cash flow and $188 million in free cash flow in the third quarter, with capital expenditures of only $91 million [10][11]. - The quarterly dividend was raised by 5% to $0.405 per share, and the company has approximately $1.15 billion in liquidity [11]. Group 3: Business Model and Market Position - California Resources Corporation operates as an independent energy company focused on oil and gas extraction, processing, and marketing, while also generating electricity [6][9]. - The company serves the California market, leveraging its integrated infrastructure to meet local demand and navigate regulatory dynamics [6][9].
Here’s What Wall Street Thinks About California Resources Corporation (CRC)
Yahoo Finance· 2025-12-28 15:59
Group 1: Company Overview - California Resources Corporation (NYSE:CRC) is recognized as one of the best affordable stocks to buy according to analysts [1] - The company focuses on oil and natural gas exploration, development, and production, primarily in California's San Joaquin, Los Angeles, and Sacramento basins [4] Group 2: Analyst Ratings and Price Targets - Emma Schwartz from Jefferies reiterated a Buy rating on CRC but lowered the price target from $71 to $68 [1] - Josh Silverstein from UBS also maintained a Buy rating while reducing the price target from $68 to $64 [1] Group 3: Industry Outlook - Analyst Silverstein anticipates that 2026 will be a better year for the energy sector after three years of limited gains, driven by improved natural gas and oil outlooks [2] - The expected improvement in 2026 is attributed to increased M&A value creation and capital expenditure efficiencies [2] Group 4: Recent Developments - On December 18, CRC announced the completion of its all-stock merger with Berry Corporation (NASDAQ:BRY), expanding its portfolio without using cash [3] - As part of the merger, former Berry equity holders received approximately 5.6 million shares of CRC common stock, valued at approximately $253 million based on CRC's closing share price on December 17, 2025 [4] - Management expects the combined entity to perform stronger in 2026 as a result of the merger [3]
3 High-Potential Stocks to Watch for 2026 Returns
Investing· 2025-12-25 13:49
Group 1: Microsoft Corporation - Microsoft Corporation continues to show strong performance in cloud computing, with Azure revenue growth of 35% year-over-year [1] - The company reported a total revenue of $52.9 billion for the last quarter, reflecting a 12% increase compared to the previous year [1] - Microsoft’s focus on AI integration across its products is expected to drive future growth and enhance competitive positioning [1] Group 2: California Resources Corp - California Resources Corp has seen a significant increase in oil production, reporting a 10% rise in output to 130,000 barrels per day [1] - The company’s financial health is improving, with a net income of $150 million for the last quarter, up from $100 million a year earlier [1] - California Resources Corp is actively pursuing sustainability initiatives, aiming to reduce carbon emissions by 25% by 2025 [1] Group 3: Tango Therapeutics Inc - Tango Therapeutics Inc has made advancements in its drug pipeline, with two candidates entering late-stage clinical trials [1] - The company reported a cash position of $200 million, providing a strong runway for ongoing research and development [1] - Partnerships with larger pharmaceutical companies are being explored to enhance the development of its therapies [1]