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California Resources Corporation Announces First Quarter 2019 Results - Thu, 05/02/2019 - 08:00
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California Resources Corporation Announces First Quarter 2019 Results May 2, 2019 PDF Version LOS ANGELES--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported a net loss attributable to common stock (CRC net loss) of $67 million, or $1.38 per diluted share, for the first quarter of 2019. Adjusted net income1 for the first quarter of 2019 was $31 million, or $0.63 per diluted share. Operational and financial highlights for the first quarter of 2019 are as follows:HighlightsReported adjusted EBITDAX1 of $301 million; an adjusted EBITDAX margin1 of 38%; an adjusted EBITDAX per BOE1 of $25.13, which was the highest since 2015; net cash provided by operating activities of $158 millionFirst quarter 2019 average daily product...
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