California Resources (NYSE:CRC) reported earnings of ($0.29) per share beating Walls Streets expectations.

ME Staff
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California Resources (NYSE:CRC) reported Q2 2018 earnings this Afternoon, coming in at ($0.29) per share, beating Wall Street’s estimates of ($0.45) per Share. Revenue for the quarter came in at $549.00 million missing the streets estimates of $649.01 million

Recent Insider Trading for California Resources (NYSE:CRC)

  • On 3/1/2018 Harry T Mcmahon, Director, bought 35,530 with an average share price of $14.18 per share and the total transaction amounting to $503,815.40.
  • On 3/1/2018 Todd A Stevens, Insider, bought 1,000 with an average share price of $13.62 per share and the total transaction amounting to $13,620.00.
  • On 5/11/2017 Justin A. Gannon, Director, bought 2,000 with an average share price of $13.60 per share and the total transaction amounting to $27,200.00.
  • On 3/7/2016 Robert A Barnes, EVP, bought 4,800 with an average share price of $2.11 per share and the total transaction amounting to $10,128.00.
  • On 3/4/2016 Charles F Weiss, EVP, bought 8,000 with an average share price of $1.35 per share and the total transaction amounting to $10,800.00.
  • On 3/3/2016 Todd A. Stevens, CEO, bought 11,500 with an average share price of $0.85 per share and the total transaction amounting to $9,775.00.



Dividend History for California Resources (NYSE:CRC)

  • On 8/6/2015 California Resources announced a quarterly dividend of $0.01 0.86% with an ex dividend date of 9/8/2015 which will be payable on 9/10/2015.
  • On 5/8/2015 California Resources announced a quarterly dividend of $0.01 0.49% with an ex dividend date of 6/8/2015 which will be payable on 6/10/2015.
  • On 3/2/2015 California Resources announced a special dividend of $0.01 with an ex dividend date of 3/6/2015 which will be payable on 3/10/2015.



About Company
California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.3 million net acres of mineral acreage. As of December 31, 2017, the company had net proved reserves of 618 million barrels of oil equivalent. It also generates and sells electricity to the grid and utility customers. The company was founded in 2014 and is headquartered in Los Angeles, California.

Recent Analyst Rating for California Resources (NYSE:CRC)

  • On 8/6/2015 quarterly, $0.01, to 0.86% with a price target of 9/8/2015
  • On 9/10/2015 10/15/2015 5/8/2015, quarterly, to $0.01 with a price target of 0.49%
  • On 6/8/2015 6/10/2015, 7/15/2015 3/2/2015, to special with a price target of $0.01



Recent Trading for California Resources (NYSE:CRC)
Shares of California Resources closed the previous trading session at with 34.75 shares trading hands.