NYSE:CRCOil and Gas
How Investors May Respond To CRC’s Lower Profit Outlook and New Carbon Capture Partnership
California Resources Corporation recently reported third quarter 2025 earnings, issued updated fourth quarter guidance for production and net income, and announced that its carbon management business, Carbon TerraVault, signed a memorandum of understanding with Capital Power to develop carbon capture solutions for the La Paloma power facility in California.
A key development is Carbon TerraVault’s exclusive role in evaluating transportation and sequestration services for up to 3 million...