California Resources Corporation Reports Third Quarter 2021 Results, Declares Inaugural Quarterly Dividend and Announces 2045 Full-Scope Net Zero Goal

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Go back to California Resources Corporation Reports Third Quarter 2021 Results, Declares Inaugural Quarterly Dividend and Announces 2045 Full-Scope Net Zero Goal

California Resources (CRC) Tops Q3 EPS by $1.13

November 11, 2021 9:07 AM EST

California Resources (NYSE: CRC) reported Q3 EPS of $1.83, $1.13 better than the analyst estimate of $0.70. Revenue for the quarter came in at $588 million versus the consensus estimate of $483.6 million.

Guidance:

Tightened 2021 free cash flow1 guidance to $460 to $510 millionRaised 2021... More