With all the talk around AI and data centers, markets have been swooning over companies that can provide one key resource to power these trends: electricity. AI workloads run on data centers that need a lot of electricity.
California Resources Corporation (NYSE:CRC ) Q3 2024 Earnings Conference Call November 6, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations and Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President and CCO Omar Hayat - Executive Vice President, Operations Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Betty Jiang - Barclays David Deckelbaum - TD Cowen Josh Silverstein - UBS Scott Gruber - Citigroup Leo Mariani - ROTH Michael Scialla - Stephens Noel Parks - Tuohy Brothers Operator Good day. And welcome to the California Resources Corporation Third Quarter 2024 Conference Call.
California Resources Corporation (CRC) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.02 per share a year ago.
Last month, California Resources Corp CRC completed its all-stock merger with Aera Energy, in a deal valued at $2.1 billion.
California Resources Corporation (NYSE:CRC ) Q2 2024 Earnings Conference Call August 7, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations & Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Kalei Akamine - Bank of America Betty Jiang - Barclays Scott Gruber - Citigroup Kevin MacCurdy - Pickering Energy Partners David Deckelbaum - TD Cowen Leo Mariani - ROTH Noel Parks - Tuohy Brothers Investment Research Operator Good day, and welcome to the California Resources Corporation Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
IPGP, CRC and CUYTY have been added to the Zacks Rank #5 (Strong Sell) List on August 7, 2024.
California Resources Corporation (CRC) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.53 per share a year ago.
California Resources (CRC) expects capital expenditure to be in the $170-$210 million range for the combined entity and net daily production in the band of 140-146 mboe per day for second-half 2024.