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Bank of New York Mellon Corp lowered its stake in California Resources Corporation (NYSE: CRC) by 1.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,200,610 shares of the oil and gas producer's stock after selling 14,082 shares during the quarter.
One trades at 22x forward earnings with negative free cash flow; the other at 8x with $543M in annual cash generation.
AYTU, CAMP and CRC have been added to the Zacks Rank #5 (Strong Sell) List on July 16, 2026.
BKV focuses on natural gas and carbon capture integration in the Eastern and Southern United States. California Resources generates significant free cash flow from its dominant position in the California energy market.
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.
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $550 million in aggregate principal amount of its 7.250% senior unsecured notes due 2035 (the “Notes”) at par.
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $550 million in aggregate principal amount of senior unsecured notes due 2035 (the “Notes”).
California Resources stands to benefit from regulatory compromise enabling thousands of new wells in Kern County while tightening offshore restrictions. CRC's merger with Berry Corporation enhances operational efficiency. Emerging discussion around using carbon capture to unlock unconventional oil in-state signals potential for future production expansion.
SEC filings for CRC aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.