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California Resources Corp (CRC.N)

CRC.N on New York Stock Exchange

17.86USD
18 Dec 2018
Change (% chg)

$-2.02 (-10.16%)
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$19.88
Open
$19.78
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$17.66
Volume
524,038
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Latest Key Developments (Source: Significant Developments)

California Resources - Terminated Existing At-The-Market Program And Equity Distribution Agreement
Friday, 16 Nov 2018 05:21pm EST 

Nov 16 (Reuters) - California Resources Corp ::CALIFORNIA RESOURCES SAYS TERMINATED ITS EXISTING AT-THE-MARKET PROGRAM AND EQUITY DISTRIBUTION AGREEMENT DATED AS OF NOVEMBER 17, 2017 - SEC FILING.CALIFORNIA RESOURCES - ENTERED INTO NEW AT-THE-MARKET PROGRAM & EQUITY DISTRIBUTION AGREEMENT WITH CITIGROUP GLOBAL MARKETS, OTHER MANAGERS.CALIFORNIA RESOURCES - AS PER TERMS OF NEW EDA, CO MAY SELL THROUGH THE MANAGERS AS CO'S SALES AGENTS UP TO 6 MILLION SHARES OF COMMON STOCK.  Full Article

California Resources Corp Files For Potential Mixed Shelf Offering; Size Not Disclosed
Friday, 16 Nov 2018 05:00pm EST 

Nov 16 (Reuters) - California Resources Corp ::CALIFORNIA RESOURCES CORP FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

California Resources Corp Reports Q3 Adj EPS Of $0.81
Thursday, 1 Nov 2018 04:15pm EDT 

Nov 1 (Reuters) - California Resources Corp ::ORATION ANNOUNCES THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.81.Q3 EARNINGS PER SHARE VIEW $0.36 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE $1.32.IN QUARTER, PRODUCED 136,000 BOE PER DAY, WHICH REFLECTS AN INCREASE OF 6% OVER PRIOR YEAR PERIOD.INCREASED 2018 CAPITAL BUDGET TO A RANGE OF $720 TO $750 MILLION.ISSUED Q4 OF 2018 PRODUCTION GUIDANCE OF 136,000 TO 139,000 BOE PER DAY.  Full Article

California Resources Corp Posts Q4 Adjusted Loss Per Share $0.33
Monday, 26 Feb 2018 04:15pm EST 

Feb 26 (Reuters) - California Resources Corp ::CALIFORNIA RESOURCES CORPORATION ANNOUNCES FOURTH QUARTER 2017 AND YEAR END RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.33.Q4 LOSS PER SHARE $3.23.QTRLY TOTAL REVENUES AND OTHER $455 MILLION VERSUS $452 MILLION.ESTIMATES ITS 2018 CAPITAL PROGRAM WILL RANGE FROM $425 MILLION TO $450 MILLION.QTRLY TOTAL PRODUCTION 126 MBOE/D VERSUS 135 MBOE/D.SEES Q1 2018 PRODUCTION OF 120 MBOE PER DAY TO 125 MBOE PER DAY.SEES Q1 2018 CAPITAL SPENDING OF $115 MILLION TO $135 MILLION.  Full Article

California Resources Corp Announces New Midstream Joint Venture And Equity Investment
Wednesday, 7 Feb 2018 04:15pm EST 

Feb 7 (Reuters) - California Resources Corp ::CALIFORNIA RESOURCES CORPORATION ANNOUNCES NEW MIDSTREAM JOINT VENTURE AND EQUITY INVESTMENT.CALIFORNIA RESOURCES CORP - ENTERED INTO A MIDSTREAM JOINT VENTURE WITH A PORTFOLIO COMPANY OF PRIVATE EQUITY GROUP OF ARES MANAGEMENT, L.P.CALIFORNIA RESOURCES CORP - UNDER A NEW LONG-TERM COMMERCIAL AGREEMENT, CO WILL PURCHASE POWER AND GAS PROCESSING FROM JOINT VENTURE.CALIFORNIA RESOURCES -HAS OPTION TO REDEEM COMMON, PREFERRED EQUITY INTERESTS HELD BY ARES PORTFOLIO AT ANY POINT IN FIRST SEVEN&ONE-HALF YEARS OF JV.  Full Article

California Resources says ‍entered into $1.3 bln credit agreement with Goldman Sachs Bank USA and various lenders​
Friday, 17 Nov 2017 04:30pm EST 

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
Monday, 6 Nov 2017 04:15pm EST 

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

California Resources Q2 adjusted loss per share $1.83
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - California Resources Corp ::California Resources Corporation announces second quarter 2017 results.Q2 adjusted loss per share $1.83.Q2 loss per share $1.13.Q2 earnings per share view $-1.73 -- Thomson Reuters I/B/E/S.  Full Article

California Resources Corp Q1 adjusted loss per share $1.02
Thursday, 4 May 2017 04:15pm EDT 

May 4 (Reuters) - California Resources Corp :California Resources Corporation announces first quarter 2017 results.Q1 adjusted loss per share $1.02.Q1 earnings per share $1.22.Q1 earnings per share view $-1.26 -- Thomson Reuters I/B/E/S.California Resources Corp - sees Q2 production (without JV) 127 to 132 mboe per day.Qtrly total revenues and other $590 million versus $322 million.Produced an average of 132,000 boe per day in Q1.Q1 revenue view $485.9 million -- Thomson Reuters I/B/E/S.Sees Q2 2017 capital (without JV) of $80 million to $100 million.Increasing 2017 capital plan to a range of $400 million to $425 million.  Full Article

California Resources Corp, Macquarie announce JV
Wednesday, 19 Apr 2017 07:00am EDT 

April 19 (Reuters) - California Resources Corp :California resources corporation and macquarie announce joint venture to invest up to $300 million in oil & gas properties.California resources corp - mira has committed to fund $160 million for development of oil and gas properties in california.California resources corp - mira will fund 100 percent of development wells in which it will earn a 90 percent working interest.California resources corp - crc's working interest will revert from 10 to 75 percent upon mira achieving an agreed return.  Full Article