What Happened? A number of stocks jumped in the afternoon session after renewed fighting across the Middle East, and a larger-than-expected drop in U.S. crude stockpiles reinforced concerns over oil supply.Crude oil futures jumped more than 6%—snapping a three-day losing streak—as renewed fighting…
LONG BEACH, Calif., July 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation NYSE:CRC plans to release its second quarter 2026 financial results on Monday, August 10th before market hours. The Company will hold a conference call to discuss these financial results on Monday, August 10th at…
(20:43 GMT) California Resources Price Target Cut to $70.00/Share From $78.00 by Citigroup
California Resources Corp sold $550M of 7.25% senior unsecured notes due Jan 15, 2035 (interest from Jun 26, 2026). Proceeds plus cash/revolver repaid $550M of 8.25% 2029 notes on
California Resources entered into an Indenture and completed a private offering of $550 million of 7.25% senior unsecured notes due 2035. Interest accrues from June 26, 2026 and is payable semi-annually starting January 15, 2027. The company used proceeds, along with cash and/or revolver borrowings…
