CRC News and Press, California Resources Corporation From 01/04/23

California Resources Corp. ( NYSE: CRC ) announced Wednesday a new carbon dioxide management agreement with clean tech company Grannus to sequester 370K metric tons/year of carbon dioxide at CTV III from a new blue ammonia and hydrogen plant to be built in northern California. The...

Project Aims to Sequester Initial 370,000 Metric Tons of CO 2 Per Annum California Resources Corporation (NYSE: CRC) today announced a Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault Holdings, LLC (CTV) and Grannus, LLC (Grannus), an independent clean-tech compa...

Summary The Seeking Alpha Quant system has its quirks, but it is a great tool to find holdings. I will discuss the performance of the five holdings I covered in the prior article. Also, at the end, I will provide some interesting literature discussing the Seeking Alpha platform as a...

Project Aims to Sequester Initial 100,000 Metric Tons of CO 2 Per Annum in 2025 California Resources Corporation (NYSE: CRC) today announced a Carbon Dioxide Management Agreement (CDMA) between Carbon TerraVault JV Holdco, LLC (CTV JV) and Lone Cypress Energy Services, LLC (Lone Cyp...

California Resources ( NYSE: CRC ) +2.5% in Tuesday's trading as Bank of America upgraded shares to Neutral from Underperform with a $58 price target, raised from $49, saying the company's worst case regulatory scenario is now "in the rearview mirror." The Neutral rating...

California Resources Corporation (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 - Executiv...

California Resources press release ( NYSE: CRC ): Q3 Non-GAAP EPS of $1.45 beats by $0.04 . Revenue of $1.13B (+92.2% Y/Y) beats by $553.48M . Shares +1.74% PM. For further details see: California Resources  Non-GAAP EPS of $1.45 beats by...

California Resources  ( NYSE: CRC ) declares $0.2825/share quarterly dividend , 66.2% increase from prior dividend of $0.17. Forward yield 2.55% Payable Dec. 16; for shareholders of record Dec. 1; ex-div Nov. 30. The firm also increased its share repur...

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported third quarter 2022 operational and financial results. "CRC's strong financial performance, coupled with our consistent operational ex...

Summary 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. Plenty of positive cata...