Log in
Subscribe
Saturday, February 8, 2025

California Resources Corp. Shares Up Over 25%

 May 4, 2018 - 5:14 PM EDT

Print
Email Article
Font Down
Font Up

California Resources Corp. Shares Up Over 25%

Shares of the US oil and natural gas company, California Resources Corp. (NYSE:CRC), were up over 25% on Friday.

The company has recently released the results for its first-quarter of 2018 which could be attributed to the spike in share value.

California Resources saw its earnings before interest expense reaches $250 million USD, compared to the previous quarter’s $222 million.

Production results were also negatively impacted by the California wildfires in 2017, which resulted in a loss of almost 400 barrels of oil equivalent (BOE) per day.

>>>McDermott Rejects Subsea’s ...

Get early insight on hidden secret gems on MicroSmallCap. Follow Crypto, Mining, Cannabis and Energy stocks and get free research reports here.

All content provided by MicroSmallCap is subject to our Terms Of Use and Disclaimer.

Source: MicroSmallCap
(May 4, 2018 - 5:14 PM EDT)

News by QuoteMedia

www.quotemedia.com

Share:

Linkedin X-twitter Facebook Youtube

Premium Content

• Analytics: Data, Dashboards, Knowledge

• EnerCom Conference Replays

• Exclusive Executive  Interviews

Subscribe
Oil & Gas
Oilfield Services
Energy Transition
Regions
Finance
360 Energy Expert Network
Press Releases
Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc.  The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. © 2024 Oil & Gas 360®. All Rights Reserved. Oil & Gas 360® P.O. Box 100938 Denver, CO 80250
Linkedin X-twitter Facebook Youtube

Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox. 

Name

Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.