California Resources (CRC) Misses Q4 EPS by 8c

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Go back to California Resources (CRC) Misses Q4 EPS by 8c

California Resources Corporation (CRC) Announces $100M Share Buyback, Reports Record Q4 Numbers

February 24, 2022 9:01 AM EST

California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported fourth quarter and full year 2021 operational and financial results.

"2021 was a transformative year for CRC. We optimized our portfolio, maintained operational excellence, generated record free cash flow and advanced our Carbon Management Business," said Mac McFarland, President and Chief Executive Officer. "Our strong execution throughout the year and excellent financial results have allowed us to continue to demonstrate our commitment to shareholder returns. I am pleased to announce that the Board has... More