California Resources Corp downgraded by BofA Securities with a new price target
$CRC
Oil & Gas Production
Energy
BofA Securities downgraded California Resources Corp from Buy to Neutral and set a new price target of $60.00 from $64.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2025 | $75.00 | Buy | Truist |
| 12/20/2024 | $63.00 | Neutral | Analyst |
| 10/24/2024 | $64.00 | Buy | Jefferies |
| 10/22/2024 | $73.00 | Overweight | Stephens |
| 10/16/2024 | $68.00 | Buy | UBS |
| 8/21/2024 | $57.00 → $65.00 | Neutral → Buy | BofA Securities |
| 8/2/2024 | $65.00 | Buy | TD Cowen |
| 7/19/2024 | $63.00 | Buy | Citigroup |
424B7 - California Resources Corp (0001609253) (Filer)
8-K - California Resources Corp (0001609253) (Filer)
10-Q - California Resources Corp (0001609253) (Filer)
LONG BEACH, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) plans to release its fourth quarter and full year 2024 financial results on Monday, March 3rd before market hours. The Company will hold a conference call to discuss these financial results on Monday, March 3rd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10194600/fe015c8aa0. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, includin
Project to Capture and Store up to 100 Thousand Metric Tons of CO2 Annually From the Elk Hills Cryogenic Gas Plant LONG BEACH, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced approval of the Golden State's first carbon capture and storage (CCS) project, located at CRC's Elk Hills cryogenic gas plant in Kern County, California. "We are pleased to advance California's first CCS project to the next stage of its development highlighting our ability to deliver carbon management solutions while reducing our own emissions," said Francisco Leon, CRC's President and Chief Executive
Represents Nation's First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields LONG BEACH, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced receipt of final Class VI well permits from the Environmental Protection Agency (EPA) for underground injection and storage of carbon dioxide (CO2) into the 26R reservoir, located at CRC's Elk Hills Field in Kern County, California. The 26R reservoir is part of CTV's joint venture with Brookfield. "We are proud to have received the state's first Class VI permits, enabling us to advance critical clean en
4 - California Resources Corp (0001609253) (Issuer)
3 - California Resources Corp (0001609253) (Issuer)
4 - California Resources Corp (0001609253) (Issuer)
SC 13G/A - California Resources Corp (0001609253) (Subject)
SC 13G/A - California Resources Corp (0001609253) (Subject)
SC 13G/A - California Resources Corp (0001609253) (Subject)
LONG BEACH, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) plans to release its fourth quarter and full year 2024 financial results on Monday, March 3rd before market hours. The Company will hold a conference call to discuss these financial results on Monday, March 3rd at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10194600/fe015c8aa0. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, includin
Project to Capture and Store up to 100 Thousand Metric Tons of CO2 Annually From the Elk Hills Cryogenic Gas Plant LONG BEACH, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced approval of the Golden State's first carbon capture and storage (CCS) project, located at CRC's Elk Hills cryogenic gas plant in Kern County, California. "We are pleased to advance California's first CCS project to the next stage of its development highlighting our ability to deliver carbon management solutions while reducing our own emissions," said Francisco Leon, CRC's President and Chief Executive
Represents Nation's First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields LONG BEACH, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced receipt of final Class VI well permits from the Environmental Protection Agency (EPA) for underground injection and storage of carbon dioxide (CO2) into the 26R reservoir, located at CRC's Elk Hills Field in Kern County, California. The 26R reservoir is part of CTV's joint venture with Brookfield. "We are proud to have received the state's first Class VI permits, enabling us to advance critical clean en
4 - California Resources Corp (0001609253) (Issuer)
4 - California Resources Corp (0001609253) (Issuer)
California Resources Corporation (NYSE:CRC), an independent energy and carbon management company committed to energy transition, today announced that Nicole Parra has been appointed as Vice President of Community Affairs, effective July 6, 2023. In this role, she will be responsible for engaging community stakeholders to help further strengthen CRC's local partnerships and enact regional Community Benefits Plans for CRC's low-carbon oil and natural gas and carbon management businesses. Ms. Parra has spent most of her life in public service with 30 years of extensive legislative and political experience. Most recently, she served as Director of the California Renewable Energy Laboratory at
California Resources Corporation (NYSE:CRC) (the "Company") today announced that Chris Gould has been appointed as the Company's first ever Executive Vice President and Chief Sustainability Officer. "Bringing Chris on board reflects the importance of our ESG initiatives and our commitment to decarbonization and a realistic energy transition," said Mac McFarland, CEO and President. "His considerable leadership skills and experience in climate change and implementation of new technologies will help the Company deliver on our goals while maintaining ESG leadership." For the past decade, Mr. Gould has served as Senior Vice President Corporate Strategy and Chief Innovation and Sustainability Of
California Resources Corporation (NYSE:CRC) (the "Company") announced today that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Directors of the Company. Ms. Cepak replaces Mark A. (Mac) McFarland as the Chair following his appointment as the permanent President and Chief Executive Officer of the Company on March 22, 2021. Mr. McFarland will continue to serve as a director the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210415005357/en/Tiffany (TJ) Thom Cepak, Chair of the Board of Directors of California Resources Corporation (Photo: Business Wire) Mr. McFarland, President and Chief Executive
Truist initiated coverage of California Resources Corp with a rating of Buy and set a new price target of $75.00
Analyst initiated coverage of California Resources Corp with a rating of Neutral and set a new price target of $63.00
Jefferies initiated coverage of California Resources Corp with a rating of Buy and set a new price target of $64.00