CRC Stock Recent News

LONG BEACH, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its first quarter 2025 financial results on Tuesday, May 6th after market close.

Citi analyst Paul Diamond downgraded Vital Energy to Neutral from Buy with a price target of $17, down from $36. The trade war and OPEC's actions "present unique aspects to this correction" for the exploration and production companies, the analyst tells investors in a research note. The firm sees higher costs, and says small cap stocks are likely to take longer to recover given macro uncertainty. As such, it downgraded California Resources and Vital Energy to Neutral. 13 May

Citi downgraded California Resources to Neutral from Buy with a price target of $36, down from $62. The trade war and OPEC's actions "present unique aspects to this correction" for the exploration and production companies, the analyst tells investors in a research note. The firm sees higher costs, and says small cap stocks are likely to take longer to recover given macro uncertainty. As such, it downgraded California Resources and Vital Energy to Neutral.

J.P. Morgan analyst Alejandra Magana maintained a Neutral rating on California Resources Corporation CRC with a price forecast of $63.

California Resources Corporation (NYSE:CRC ) Q4 2024 Earnings Conference Call March 3, 2025 1:00 PM ET Company Participants Joanna Park - VP, IR & Treasurer Francisco Leon - CEO, President & Director Clio Crespy - EVP & CFO Francisco Leon - CEO, President & Director Jay Bys - EVP & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Merrill Lynch Nate Pendleton - Texas Capital Josh Silverstein - UBS Betty Jiang - Barclays Neal Dingmann - Truist Securities David Deckelbaum - TD Cowen Alejandra Magana - JPMorgan Leo Mariani - Roth Michael Scialla - Stephens Operator Good day, and welcome to the California Resources Corporation Fourth Quarter and Year-End 2024 Earnings Conference Call. [Operator Instructions] Note this event is being recorded.

California Resources Corporation (CRC) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.93 per share a year ago.

Achieves Meaningful Capital Efficiency Improvements and Significant Cost Reductions Following Aera Merger LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the fourth quarter and full year 2024, as well as its guidance for 2025.

Signs Carbon Management MOU 1 with National Cement for California's First Net Zero Cement Facility LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), provided a 2024 update and announced the signing of a Memorandum of Understanding1 (MOU) to help achieve California's first net zero cement facility in partnership with National Cement Company of California Inc. (National Cement).

Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO 2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced the signing of a Memorandum of Understanding1 (MOU) with National Cement Company of California Inc. (National Cement) to provide carbon management services for the “Lebec Net Zero” - a first-of-its-kind initiative to produce carbon-neutral cement at National Cement's facility in California.

Get a deeper insight into the potential performance of California Resources (CRC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.