California Resources Corporation reported second quarter 2026 results including $514 million in net income, driven by a non-cash gain from commodity derivatives, while adjusted net income was $88 million. The company delivered average net production of 149 thousand barrels of oil equivalent per day and generated $338 million in adjusted EBITDAX. Management announced the acquisition of Crimson Midstream Holdings for $63 million to expand its integrated energy infrastructure platform. Additionally, CRC declared a quarterly cash dividend of $0.405 per share, payable on September 18, 2026, to shareholders of record on September 4, 2026. The company operates in the independent oil and gas exploration and production sector with carbon management initiatives.

California Resources Corp reported preliminary unaudited results for the three months ended June 30, 2026. The company estimated a $190 million loss from net commodity derivative settlements, consisting of a $164 million loss from sales derivatives and a $26 million loss from natural gas purchase derivatives. Realized prices with derivative settlements were $76.50 per Bbl for oil, $49.62 per Bbl for NGLs, and $1.84 per Mcf for gas. The company operates in the energy industry, focusing on oil and natural gas exploration and production.

California Resources Corporation completed a $550 million private offering of 7.250% senior unsecured notes due 2035, maturing on January 15, 2035. The company used the proceeds to redeem all outstanding $550 million of its 8.250% senior unsecured notes due 2029 at a redemption price of 104.125% plus accrued interest. California Resources Corporation is an oil and gas exploration and production company.

California Resources Corporation announced on June 16, 2026, the pricing of a $550 million private offering of 7.250% senior notes due 2035. The company is an oil and gas exploration and production company operating in California.

California Resources Corp announced on June 16, 2026, a proposed private offering of $550 million in senior unsecured notes due 2035. The company intends to use the net proceeds to redeem all outstanding $550 million of its 8.250% senior unsecured notes due 2029 at a redemption price of 104.125% plus accrued interest. California Resources Corp is an oil and gas exploration and production company.