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California Resources Q3 2026 Earnings Results & Report

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$52.92 +0.38 (+0.71%)
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California Resources beat analyst expectations on both earnings and revenue in its Q3 2026 results, released November 2, 2026. The company reported EPS of $1.17 versus the $1.00 consensus estimate, while revenue of $1.10 billion topped the $967.71 million estimate by $128.29 million. Revenue increased 0.4% year over year.

Earnings Announcement Details

Quarter
Q3 2026
Report Date
Time
After Market Closes
Conference Call Date
Conference Call
1:00 PM ET
Upcoming Event
Earnings Conference Call
California Resources Q3 2026
00:00 / 00:00
Live Transcript
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California Resources EPS Results

Actual EPS
$1.17
Consensus EPS
$1.00
Beat/Miss
Beat by +$0.17
One Year Ago EPS
$1.46
EPS Beat Rate
4 of last 8 quarters

California Resources Revenue Results

Actual Revenue
$1.10 billion
Expected Revenue
$967.71 million
Beat/Miss
Beat by +$128.29 million
YoY Revenue Growth
+0.40%

Earnings Documents

California Resources Q3 2026 Earnings FAQ

California Resources (NYSE:CRC) reported earnings of $1.17 per share for Q3 2026, beating the consensus estimate of $1.00. The report was announced on Monday, November 2, 2026.

California Resources reported revenue of $1.10 billion for Q3 2026, against a consensus estimate of $967.71 million.

California Resources Earnings Headlines

California Resources Q3 Adjusted Earnings, Revenue Fall
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About California Resources

California Resources (NYSE:CRC) (NYSE: CRC) is an independent energy company focused on the exploration, development and production of oil and natural gas in California. Its operations are concentrated in the state’s San Joaquin and Los Angeles basins, where the company produces crude oil, natural gas and natural gas liquids for industrial, commercial and transportation markets.

In addition to conventional oil and gas production, California Resources is developing carbon-management projects through its Carbon TerraVault business. These initiatives are intended to capture, transport and permanently store carbon dioxide, including emissions from industrial facilities, using subsurface storage resources associated with the company’s operations.

California Resources was established in 2014 through the separation of Occidental Petroleum’s California oil and gas operations. The company is headquartered in Long Beach, California, and has been led by President and Chief Executive Officer Francisco Leon. Its activities are primarily focused on serving energy demand within California and supporting the state’s broader efforts to reduce greenhouse-gas emissions.

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