Free Trial

California Resources Q2 2023 Earnings Report

California Resources logo
$47.32 -1.47 (-3.00%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

California Resources EPS Results

Actual EPS
$0.53
Consensus EPS
$0.86
Beat/Miss
Missed by -$0.33
One Year Ago EPS
$1.13

California Resources Revenue Results

Actual Revenue
$591.00 million
Expected Revenue
$535.59 million
Beat/Miss
Beat by +$55.41 million
YoY Revenue Growth
-20.90%

California Resources Announcement Details

Quarter
Q2 2023
Time
After Market Closes

CRC Upcoming Earnings

California Resources will be holding an earnings conference call on Monday, March 3 at 1:00 PM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

California Resources Earnings Headlines

Equities Analysts Set Expectations for CRC Q4 Earnings
The FED is losing the war on inflation
It's no longer just a “guesstimate” – Inflation is indeed getting worse. And although we want to believe the Fed has a good grip on it, they don't. Right now, the suits over there are caught between a rock and a hard place. Either they watch as inflation grows, or they tear it down and send us into a full-blown recession. The kicker here is that neither of these are good for you. Whichever pill we end up with, prices will still climb higher as the value of the dollar sinks lower. The only real way out for the regular person is to increase your earning power. By increasing your income to match prices as they flare up… You’ll stay ahead of the impending doom we're running face-first into. And if you're looking for a strategy to help increase your income in 2025… I've got just the thing for you! You see, last year, I was able to grow a $10k model account to a little over $63k with 100 trade alerts But I changed my trading rules and more than doubled my results on those 100 published trades. I'm now calling them Warped Options…
California Resources announces partial redemption of senior notes
California Resources Corp (CRC) Receives a Buy from Truist Financial
See More California Resources Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like California Resources? Sign up for Earnings360's daily newsletter to receive timely earnings updates on California Resources and other key companies, straight to your email.

About California Resources

California Resources (NYSE:CRC) operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, California.

View California Resources Profile

More Earnings Resources from MarketBeat