05:15 PM EDT, 08/05/2025 (MT Newswires) -- California Resources ( CRC ) reported Q2 adjusted net income Tuesday of $1.10 per diluted share, up from $0.60 a year earlier.

Analysts polled by FactSet expected $0.89 per share.

Total operating revenue for the quarter ended June 30 was $978 million, compared with $514 million a year earlier.

Analysts surveyed by FactSet expected $788 million.

The company maintained its quarterly dividend of $0.3875 a share, payable by Sept. 12 to shareholders of record as of Aug. 27.