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CRC News and Press, California Resources Corporation From 02/24/23

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Company Name: California Resources Corporation
Stock Symbol: CRC
Market: NYSE
Website: crc.com

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CRC - California Resources Corp (CRC) Q4 2022 Earnings Call Transcript

California Resources Corp (CRC) Q4 2022 Earnings Conference Call February 24, 2023, 13:00 ET Company Participants Joanna Park - VP, IR Mark McFarland - President, CEO & Director Francisco Leon - EVP & CFO Chris Gould - EVP & Chief Sustainability Officer...

CRC - California Resources  declares $0.2825 dividend

California Resources  ( NYSE: CRC ) declares $0.2825/share quarterly dividend , in line with previous. Forward yield 2.62% Payable March 16; for shareholders of record March 6; ex-div March 3. See CRC Dividend Scorecard, Yield Chart, & Dividend Growth. ...

CRC - California Resources launches strategic realignment; Leon to become CEO

California Resources ( NYSE: CRC ) said Friday that current CFO Francisco Leon will succeed Mark McFarland as its new President and CEO , effective at the annual meeting in April, as part of a strategic realignment of its business operations and structure. McFarland will continue ...

CRC - California Resources Corporation Initiates Strategic Realignment of Business Operations and Corporate Structure to Maximize Cash Flow Per Share

Francisco J. Leon to Succeed Mark A. McFarland as President and Chief Executive Officer McFarland to Continue as a Non-Executive Director and Chair the Board of Carbon TerraVault, CRC’s Carbon Management Business, to Oversee its Continued Growth California Resourc...

CRC - California Resources Corporation Generates Record $690 Million of Operating Cash Flow and $311 Million of Free Cash Flow in 2022

California Resources Corporation Raises its Share Repurchase Program by Nearly 30% to $1.1 Billion and Meaningfully Advances its Carbon Management Business California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sect...

CRC - Carbon TerraVault Holdings, LLC Announces California DAC Hub Consortium to Bring Direct Air Capture and Storage to the Golden State

Consortium Accelerates California’s Climate Leadership and Offers Transformative Benefits to Local Communities Carbon TerraVault Holdings, LLC (CTV), a subsidiary of California Resources Corporation (NYSE: CRC), today announced it has assembled a consortium of organizations acros...

CRC - California Resources plunges as court order pauses Kern County production

California Resources Corp. ( NYSE: CRC ) -9.6% in Friday's trading after disclosing a court order suspended the ability of Kern County, California, to rely on an existing environmental impact report for oil and gas permitting. The company said if Kern County permitting remains...

CRC - California Resources Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Conference Call

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 24 th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). The Company’s earnings will be released the day before t...

CRC - CRC Recognized with Leadership Level Ranking for 2022 Climate Disclosure by CDP for the Fourth Year in a Row

California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2022 climate disclosure, securing a score at CDP’s Leadership Level for the fourth year in a row. This accomplishment is further evidence of CRC’s commitment to maintaining a strong ESG and sustainability p...

CRC - California Resources unveils carbon dioxide management deal

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...

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