Past year: ▲ 10%(44.71 – 69.22 USD)
Each one in plain English, with the numbers worked through for a shareholder.
23 Apr 2024business combination● NeutralMajor
CRC filed a preliminary proxy statement for a special shareholder vote on its Aera Energy acquisition (agreed February 7, 2024). CRC would issue 21,170,357 shares to Aera's sellers (affiliates of IKAV, Canada Pension Plan Investment Board and Oaktree), about 23.71% of its outstanding stock, which is above the NYSE 20% threshold and so needs a shareholder vote. The meeting date was still blank in this draft.
26 Mar 2024director interest notice● Neutral
California Resources Corp director Mark Allen Mcfarland had 222,024 shares withheld for taxes on vesting stock.
26 Mar 2024business combination▲ Good
The Hart-Scott-Rodino antitrust waiting period for the Aera merger expired on March 25, 2024. Closing still required CRC shareholder approval, FERC authorization and other customary approvals, and was expected around mid-2024.
11 Mar 2024material agreement● Neutral
CRC again amended its credit facility, postponing its scheduled spring borrowing-base review to the fall to accommodate the pending Aera merger.
26 Feb 2024director interest notice● Neutral
California Resources Corp EVP, Chf Strategy Officer & GC Michael L. Preston acquired 18,972 shares and disposed of 7,924 in a set of related equity transactions.
26 Feb 2024director interest notice● Neutral
California Resources Corp EVP and CFO Peralta Manuela Molina received 17,363 shares as part of the equity award.
26 Feb 2024director interest notice● Neutral
California Resources Corp EVP & Chief Sustainability Off Christopher D. Gould acquired 18,668 shares and disposed of 6,579 in a set of related equity transactions.
26 Feb 2024director interest notice● Neutral
California Resources Corp President and CEO Francisco Leon acquired 38,702 shares and disposed of 15,920 in a set of related equity transactions.
26 Feb 2024director interest notice● Neutral
California Resources Corp EVP & Chief Commercial Officer Jay A. Bys acquired 17,059 shares and disposed of 6,352 in a set of related equity transactions.
26 Feb 2024director interest notice● Neutral
California Resources Corp Senior VP and Controller Noelle M. Repetti acquired 3,794 shares and disposed of 1,700 in a set of related equity transactions.
26 Feb 2024director interest notice● Neutral
California Resources Corp EVP - Operations Omar Hayat acquired 15,936 shares and disposed of 1,016 in a set of related equity transactions.
14 Feb 2024material agreement● Neutral
CRC amended its credit agreement to permit a bridge loan facility, laying financing groundwork for its pending Aera Energy acquisition.
13 Feb 2024substantial holder notice● Neutral
The Vanguard Group reported a California Resources Corp shareholding of 7,756,240 shares (11.30% of votes) in a periodic institutional filing.
9 Feb 2024substantial holder notice● Neutral
Solar Projects LLC, Solar Trust No, Comeg Trust LLC, Comeg Trust, Daniel Scott Gimbel reported a California Resources Corp shareholding of 6,246,865 shares (9.10% of votes) in a periodic institutional filing.
9 Feb 2024business combination▲ Good
CRC filed the definitive merger agreement for its Aera Energy acquisition, naming IKAV and Canada Pension Plan Investment Board as Aera's selling equity holders and setting up merger subsidiaries to execute the stock-for-stock combination.
7 Feb 2024business combination▲ GoodMajor
CRC announced on February 7, 2024 that it signed a definitive merger agreement to combine with Aera Energy, LLC. It furnished a press release and an investor presentation for a same-day investor call.
31 Jan 2024substantial holder notice● Neutral
Kimmeridge Energy Management Company, LLC disclosed a new substantial California Resources Corp shareholding (5.10% of votes).
29 Jan 2024director interest notice● Neutral
California Resources Corp EVP, Chf Strategy Officer & GC Michael L. Preston exercised stock options for 83,124 shares and disposed of 169,940 shares.
29 Jan 2024director interest notice● Neutral
California Resources Corp EVP - Operations Omar Hayat exercised stock options for 12,595 shares and disposed of 25,781 shares.
29 Jan 2024director interest notice● Neutral
California Resources Corp President and CEO Francisco Leon exercised stock options for 83,124 shares and disposed of 169,930 shares.
29 Jan 2024director interest notice● Neutral
California Resources Corp Senior VP and Controller Noelle M. Repetti exercised stock options for 18,527 shares and disposed of 38,328 shares.
29 Jan 2024director interest notice● Neutral
California Resources Corp EVP & Chief Commercial Officer Jay A. Bys exercised stock options for 61,309 shares and disposed of 114,561 shares.
22 Jan 2024substantial holder notice● Neutral
BlackRock, Inc reported a California Resources Corp shareholding of 10,993,936 shares (16.00% of votes) in a periodic institutional filing.
2 Nov 2023quarterly activities report▼ Bad
California Resources Corp reported quarterly revenue of $460.0 million and a net loss of $22.0 million for the period ended 2023-09-30.
1 Nov 2023quarterly activities report▼ Bad
California Resources Corp reported quarterly revenue of $460.0 million and a net loss of $22.0 million for the period ended 2023-09-30.
1 Aug 2023quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $591.0 million and net income of $97.0 million for the period ended 2023-06-30.
31 July 2023quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $591.0 million and net income of $97.0 million for the period ended 2023-06-30.
10 July 2023director interest notice● Neutral
California Resources Corp EVP & Chief Sustainability Off Christopher D. Gould exercised stock options for 29,977 shares and disposed of 43,852 shares.
7 July 2023substantial holder notice● Neutral
BlackRock, Inc reported a California Resources Corp shareholding of 11,731,390 shares (16.60% of votes) in a periodic institutional filing.
21 June 2023director interest notice● Neutral
California Resources Corp EVP - Operations Omar Hayat received 19,816 shares as part of the equity award.
