California Resources Corporation executives will participate in key energy conferences in January 2025, focusing on energy transition and carbon management.
Quiver AI Summary
California Resources Corporation (CRC) announced its executives will participate in several key events in January 2025, including the Goldman Sachs Energy, CleanTech & Utilities Conference, StoneX Natural Resources Day, UBS Winter Infrastructure & Energy Conference, and Jefferies CCS Conference. CRC, an independent energy and carbon management company, is focused on energy transition and environmental stewardship while providing responsibly sourced energy. They aim to maximize the value of their resources through decarbonization initiatives, such as developing carbon capture and storage projects. Presentation materials for these events will be available on their website's Investor Relations section.
Potential Positives
- Participation in multiple high-profile conferences demonstrates CRC's commitment to industry engagement and leadership in energy transition.
- Showcases California Resources Corporation's focus on carbon management and decarbonization initiatives, aligning with global sustainability goals.
- Availability of presentation materials enhances transparency and accessibility for investors and stakeholders.
Potential Negatives
- The announcement of multiple participation in conferences may suggest the company is seeking to boost its visibility and credibility as it navigates potential challenges related to energy transition and environmental concerns.
- The press release emphasizes commitments to decarbonization and environmental stewardship, which may reflect heightened scrutiny or pressure from stakeholders regarding the company's sustainability practices.
- In the absence of specific financial results or significant achievements, the focus on upcoming events may indicate a lack of recent progress or milestones that are substantial enough to warrant a more robust announcement.
FAQ
What events will California Resources Corporation executives attend in January 2025?
Executives will attend the Goldman Sachs, StoneX, UBS, and Jefferies conferences in January 2025.
Where can I find CRC's presentation materials?
Presentation materials will be available on the Earnings and Presentations page in the Investor Relations section at www.crc.com.
What is the focus of California Resources Corporation?
California Resources Corporation focuses on energy transition and carbon management, emphasizing environmental stewardship and responsibly sourced energy.
How does CRC contribute to decarbonization?
CRC contributes to decarbonization by developing CCS and other emissions-reducing projects while maximizing the value of its energy assets.
Who can I contact for more information about CRC?
You can contact Joanna Park for Investor Relations or Richard Venn for Media inquiries at 818-661-3731 or 818-661-6014.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CRC Insider Trading Activity
$CRC insiders have traded $CRC stock on the open market 11 times in the past 6 months. Of those trades, 1 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $CRC stock by insiders over the last 6 months:
- OMAR HAYAT (EVP - Operations) has traded it 2 times. They made 0 purchases and 2 sales, selling 16,016 shares.
- MICHAEL L. PRESTON (EVP, Chf Strategy Officer & GC) has traded it 2 times. They made 0 purchases and 2 sales, selling 83,000 shares.
- NOELLE M. REPETTI (Senior VP and Controller) has traded it 2 times. They made 0 purchases and 2 sales, selling 18,770 shares.
- FRANCISCO LEON (President and CEO) has traded it 4 times. They made 0 purchases and 4 sales, selling 20,000 shares.
- CHRISTIAN S KENDALL purchased 20,895 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CRC Hedge Fund Activity
We have seen 133 institutional investors add shares of $CRC stock to their portfolio, and 156 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CANADA PENSION PLAN INVESTMENT BOARD added 10,506,895 shares (+inf%) to their portfolio in Q3 2024
- PACER ADVISORS, INC. removed 3,368,580 shares (-100.0%) from their portfolio in Q2 2024
- OAKTREE CAPITAL MANAGEMENT LP added 2,046,753 shares (+inf%) to their portfolio in Q3 2024
- VANGUARD GROUP INC added 1,078,932 shares (+13.4%) to their portfolio in Q3 2024
- BLACKROCK, INC. added 590,015 shares (+5.8%) to their portfolio in Q3 2024
- WEISS ASSET MANAGEMENT LP added 534,450 shares (+inf%) to their portfolio in Q3 2024
- FMR LLC removed 440,817 shares (-16.1%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LONG BEACH, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, announced today that the Company’s executives will be participating in the following events in January 2025:
Goldman Sachs Energy, CleanTech & Utilities Conference 2025 on January 7 to 8 in Aventura, FL
StoneX Natural Resources Day 3.0 on January 9 in New York, NY
UBS Winter Infrastructure & Energy Conference on January 13 to 15 in Deer Valley, UT
Jefferies CCS Conference on January 14 held virtually
CRC’s presentation materials will be available the day of the event on the Earnings and Presentations page in the Investor Relations section on www.crc.com.
About California Resources Corporation
California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects. For more information about CRC, please visit www.crc.com.
Contact: | |
Joanna Park (Investor Relations) | Richard Venn (Media) |
818-661-3731 | 818-661-6014 |
Joanna.Park@crc.com | Richard.Venn@crc.com |
This press release was published by a CLEAR® Verified individual.
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
