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California Resources Corporation Announces Second Quarter 2019 Results - Thu, 08/01/2019 - 08:00
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California Resources Corporation Announces Second Quarter 2019 Results August 1, 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 net income attributable to common stock of $12 million, or $0.24 per diluted share, for the second quarter of 2019. Adjusted net loss1 was $14 million, or $0.29 per diluted share. Operational and financial highlights for the second quarter of 2019 were as follows:HighlightsReported adjusted EBITDAX1 of $255 million; adjusted EBITDAX margin1 of 39%; net cash provided by operating activities of $114 millionSecond quarter 2019 average daily production of 129,000 barrels of oil equivalent (BOE) per day, and oil production of 79,000 barrels per dayCRC invested $12...
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