California Resources Files 8-K for Reg FD Disclosure, Exhibits

Ticker: CRC · Form: 8-K · Filed: Jan 5, 2024 · CIK: 1609253

Complexity: simple

Sentiment: neutral

Topics: regulation-fd, exhibits, disclosure

TL;DR

**CRC just dropped an 8-K with new info, check the exhibits!**

AI Summary

California Resources Corp filed an 8-K on January 5, 2024, to disclose information under Regulation FD and to include financial statements and exhibits. This filing indicates that the company is providing new, material information to the public, likely related to its operations or financial health, to ensure fair and equal access to information for all investors. For shareholders, this means there's new data to consider that could influence the stock's future performance, making it crucial to review the specific details within the attached exhibits.

Why It Matters

This filing signals that California Resources Corp is releasing important, previously undisclosed information, which could impact investor perception and the company's stock price.

Risk Assessment

Risk Level: low — An 8-K for Regulation FD disclosure and exhibits is a routine filing that doesn't inherently indicate high risk, but the content of the exhibits could reveal risks.

Analyst Insight

Investors should immediately review the specific financial statements and exhibits mentioned in this 8-K filing to understand the new information disclosed and its potential impact on California Resources Corp's valuation and future prospects.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of California Resources Corp's 8-K filing on January 5, 2024?

The 8-K filing by California Resources Corp on January 5, 2024, is for Regulation FD Disclosure and to include Financial Statements and Exhibits, as stated in the 'ITEM INFORMATION' section of the filing.

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant as specified in its charter is 'California Resources Corporation'.

On which stock exchange is California Resources Corp's Common Stock registered?

California Resources Corp's Common Stock (Trading Symbol CRC) is registered on the New York Stock Exchange, as indicated under 'Securities registered pursuant to Section 12(b) of the Act'.

What is the business address of California Resources Corp?

The business address of California Resources Corp is 1 World Trade Center, Suite 1500, Long Beach, California 90831, as listed under 'BUSINESS ADDRESS'.

Is California Resources Corp considered an emerging growth company?

No, California Resources Corp is not an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.

Filing Stats: 645 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2024-01-05 13:41:43

Filing Documents

01 Regulation FD

Item 7.01 Regulation FD. On January 5, 2024, California Resources Corporation (the "Company") posted an updated investor presentation on its website at www.crc.com. The presentation is furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference. The information contained in this report and the exhibit hereto shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and shall not be incorporated by reference into any filings made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing. The Company undertakes no duty or obligation to publicly update or revise the information contained in this report, although the Company may do so from time to time as management believes is warranted. Any such updating may be made through the filing of other reports or documents with the SEC, through press releases or through other public disclosure including disclosure in the Investor Relations portion of the Company's website.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Investor Presentation dated January 5, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. California Resources Corporation /s/ Michael L. Preston Name: Michael L. Preston Title: Executive Vice President, Chief Strategy Officer and General Counsel DATED: January 5, 2024

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing