California Resources Corp (CRC) reported better-than-expected financial results for the third quarter of fiscal 2025, highlighting its operational resilience amid current market conditions. The company posted earnings per share (EPS) of $1.46, surpassing Wall Street's consensus estimate of $1.27 by $0.19. Revenue matched expectations at $0.9 billion.
The results underscore CRC's strong fundamentals in the energy sector, where it operates as an independent energy and carbon management company. Headquartered in Long Beach, California, CRC engages in energy transition and has a diverse portfolio that includes oil and natural gas exploration and production, as well as carbon management through its Carbon TerraVault segment.
The company will host an earnings conference call at AMC to discuss these results further, providing additional insights into its business performance and strategic direction.
With a market capitalization of $3,864.98 million and a price-to-earnings ratio (P/E) of 5.81, CRC continues to demonstrate robust financial health. Investors may want to note the upcoming earnings release scheduled for August 2, 2026, where EPS is estimated at $0.7058 with projected revenue of $0.8 billion. Such metrics reflect a commitment to maintaining strong operational performance in the evolving energy landscape.