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California Resources Corporation operates as an independent oil and natural gas exploration and production company in the United States.

The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities.

It also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Long Beach, California.

Latest News >
Apple appeals to overturn UK government's 'back door' order, Financial Times reports
Apple appeals to overturn UK government's 'back door' order, Financial Times reports
Mar 4, 2025
(Reuters) - Apple ( AAPL ) has appealed against a British government order to create a back door in its most secure cloud storage systems, the Financial Times reported on Tuesday citing people familiar with the matter. Last month, Apple ( AAPL ) had removed its most advanced security encryption for cloud data in Britain, in an unprecedented response to...
Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
Mar 4, 2025
CALGARY (Reuters) - Tariffs on Canadian oil would need to be in place for years before significantly altering the amount of crude the U.S. imports from its northern neighbour, the CEO of Canadian pipeline company Enbridge Inc. ( ENB ) said Tuesday. Greg Ebel said the energy systems of the two countries are too integrated and there is no easy...
EXPLAINER-What is Elon Musk's DOGE? How much money has it saved US taxpayers?
EXPLAINER-What is Elon Musk's DOGE? How much money has it saved US taxpayers?
Mar 4, 2025
WASHINGTON, March 4 (Reuters) - U.S. President Donald Trump is expected to boast about his sweeping cuts to the federal bureaucracy during an address to a joint session of Congress on Tuesday night, with praise for tech billionaire Elon Musk's so-called Department of Government Efficiency (DOGE). Trump has given Musk and his DOGE team extraordinary power. In just six weeks...
AutoZone Logs Surprise Quarterly Earnings Decline as Sales Take Foreign-Exchange Hit
AutoZone Logs Surprise Quarterly Earnings Decline as Sales Take Foreign-Exchange Hit
Mar 4, 2025
01:01 PM EST, 03/04/2025 (MT Newswires) -- AutoZone's ( AZO ) fiscal second-quarter earnings unexpectedly edged down, while revenue fell short of market estimates amid foreign-exchange headwinds. The auto parts retailer on Tuesday reported net income of $28.29 a share for the three months through Feb. 15, nudging lower from $28.89 a year earlier. The consensus on FactSet was for...
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