California Resources Q3 Adjusted EPS Reaches $1.17
Q3 adjusted net income was $104 million, compared with the IBES estimate of $88.1 million.
Story updates
09:36:48 PM UTC
SquawkNews
CALIFORNIA RESOURCES Q3 ADJUSTED EPS USD 1.17 VS. IBES ESTIMATE USD 0.96
09:36:51 PM UTC
SquawkNews
CALIFORNIA RESOURCES Q3 NET INCOME USD -315 MILLION
09:53:32 PM UTC
SquawkNews
California Resources reported a third-quarter 2026 net loss of $315 million, including a $540 million non-cash loss from changes in commodity derivative fair values, and adjusted net income of $104 million. The company generated $341 million in adjusted EBITDAX and $147 million in free cash flow. I…