LONG BEACH, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the third quarter of 2024. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 6, 2024. Participation details can be found within this release. In addition, supplemental slides are available on CRC’s website at www.crc.com. Highlights Generated $345 million of net income, $137 million of adjusted net income1 ...

Received Kern County Board of Supervisors' Conditional Use Permits Approval for CTV I CCS projectSigned a Brownfield MOU for up to ~1.5 MMTPA of CO2 Emissions LONG BEACH, Calif., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), today provided a third quarter 2024 update. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 6, 2024. Participation details ...

LONG BEACH, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the publication of its 2023 Sustainability Report detailing the Company's sustainability initiatives and strategy as well as progress toward its environmental, social and governance (ESG) goals. "CRC is committed to supporting the energy transition, decarbonizing our local economies and helping California achieve its climate goals," said Francisco Leon, CRC President and Chief Executive Officer ...

LONG BEACH, Calif., Oct. 21, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault, today announced the Kern County Board of Supervisors’ unanimous approval of the conditional use permit for the Carbon TerraVault I (CTV I) carbon capture and storage project. This permit authorizes the construction activities necessary for the development of the project, which would be the first of its kind in California. This decision follows the Kern Cou ...

Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Canter Resources Corp. (CSE: CRC) (OTC Pink: CNRCF) (FSE: 6O1) ("Canter" or the "Company") is pleased to report that the Company's transaction to acquire the Railroad Valley claims ("RV Project"), as previously reported (see Company news release on September 12, 2024), has now closed. The RV Project claim block is contiguous with ground controlled by the most active critical mineral explorer in Railroad Valley, 3 Proton Lithium or 3PL (priva ...

LONG BEACH, Calif., Oct. 07, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its third quarter 2024 financial results on Tuesday, November 5th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, November 6th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10192326/fd6685ad6e. Callers who pr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock CRC New York Stock Exchange FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 8, 2024 CALIFORNIA RESOURCES CORPORATION (Exact name of registrant as specified in its charter) Delaware 001-36478 46-5670947 (State or other jurisdiction of incorporati ...

California Resources Corporation (NYSE:CRC) Q2 2024 Earnings Conference Call August 7, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations & Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Kalei Akamine - Bank of America Betty Jiang - Barclays Scott Gruber - Citigroup Kevin MacCurdy - Pickering Energy Partners David Deckelba ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-36478 California Resources Corporation (Exact name of registrant as specified in its charter) Delaware 46-5670947 (S ...

A DIFFERENT KIND OF ENERGY COMPANY Second Quarter 2024 Results August 7, 2024 Presenters Francisco Leon President and Chief Executive Officer Nelly Molina EVP and Chief Financial Officer Cash Flow Carbon California Higher Less Better $22 $35 MERGER CLOSED JULY 1, 2024 + CRC STANDALONE METRICS 76MBOE/D 2Q24 NET PRODUCTION 62% 13% 25% Oil NGLs Gas $97MM 2Q24 OPERATING CASH FLOW $34 $63 Capex Free Cash Flow * ACCELERATED CASH RETURNS 1 Raised fixed dividend by 25% Returned $136MM or 142% of 1H24 FCF* to shareh ...