California Resources (CRC) Tops Q3 EPS by 47c

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California Resources Corporation Announces Third Quarter 2018 Results

November 1, 2018 4:15 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock (CRC net income) of $66 million, or $1.32 per diluted share, for the third quarter of 2018. Adjusted net income1 for the third quarter of 2018 was $41 million, or $0.81 per diluted share.

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