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California Resources Corporation (CRC) delivered earnings and revenue surprises of -29.94% and 20.51%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LONG BEACH, Calif.--( BUSINESS WIRE )--California Resources Corporation (NYSE: CRC) announced today that it will host its fourth quarter and full year 2022 financial results conference call on Friday, February 24th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company's earnings will be released the day before the conference call following the market close.
HDELY, EXPE and CRC made it to the Zacks Rank #1 (Strong Buy) value stocks list on January 13, 2023.
LONG BEACH, Calif.--( BUSINESS WIRE )--California Resources Corporation (NYSE: CRC) announced today that the Company's executives will be participating in the following in-person events in January 2023:
It's working toward speeding up the global transition to cleaner energy.
California Resources Corporation (NYSE:CRC ) Q3 2022 Earnings Conference Call November 3, 2022 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations and Treasurer Mac McFarland - President and Chief Executive Officer Francisco Leon - Executive Vice President and Chief Financial Officer Shawn Kerns - Executive Vice President & Chief Operating Officer Chris Gould - Executive Vice President and Chief Sustainability Officer Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Leo Mariani - MKM Partners Nathaniel Pendleton - Stifel Eric Seeve - GoldenTree Operator Good day, and welcome to the California Resources Corporation Third Quarter Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
California Resources is mighty cheap - largely because of the risks that come from doing business in California. Recently passed Senate Bill 1137 destroys hundreds of millions of dollars in reserve value, illustrating why that discount persists.
LONG BEACH, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will host its third quarter 2022 financial results conference call on Thursday, November 3rd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company's earnings will be released the day before the conference call following the market close. We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10171364/f48809c260. Cal
Kimmeridge Energy Management Company LLC has amassed a stake in California Resources Corp and is pushing the oil and gas producer to make changes that include selling some acreage to real estate developers, people familiar with the matter said.
This company should have no problem growing its high-yielding dividend in the future.