NYSE:CRCOil and Gas
California Resources (CRC) Engages In M&A Discussions With Berry Corporation
California Resources (CRC) recently held discussions regarding potential mergers and acquisitions with Berry Corporation, hinting at potential growth in the energy sector. This development, along with a robust earnings report showing significant revenue and net income growth, likely supported CRC's solid 13% stock price increase over the last quarter. Coupled with a substantial stock buyback, which could enhance shareholder value, these factors added positive weight to CRC's performance. Amid...