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California Resources Q1 2024 Earnings Report

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$40.50 -5.13 (-11.25%)
As of 04/3/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

California Resources EPS Results

Actual EPS
$0.75
Consensus EPS
$0.58
Beat/Miss
Beat by +$0.17
One Year Ago EPS
$2.63

California Resources Revenue Results

Actual Revenue
$454.00 million
Expected Revenue
$490.21 million
Beat/Miss
Missed by -$36.21 million
YoY Revenue Growth
-55.70%

California Resources Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

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California Resources Earnings Headlines

California Resources price target lowered to $67 from $73 at Stephens
Trump Allies Confirm Exec Order 14024 Triggers Dollar Collapse
Executive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth, your savings, and your retirement. When the dollar collapses, your savings could disappear overnight. With Trump threatening Russia with more sanctions, Russia is rushing to finalize their BRICS payment system aimed to destroy the U.S dollar.
California Resources: Still On Hold
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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.

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