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California Resources Corp reports $301 million Q1 profit

By USInMinutes - May 02, 2023, 03:59 PM ET
Last Updated - Jul 18, 2023, 03:44 PM EDT
California Resources Corp reports $301  million Q1 profit

The company generated $1 billion in quarterly revenue

California Resources Corp [CRCQW] has reported fiscal Q1 profit of $301 million.

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On a per-share basis, the DE based company said its diluted earnings are $4.09.

The Crude Petroleum & Natural Gas firm posted revenue of $1 billion in this period.

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