California Resources: 3Q Earnings Snapshot
LOS ANGELES (AP) _ California Resources Corp. (CRC) on Thursday reported third-quarter net income of $66 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Los Angeles-based company said it had net income of $1.32. Earnings, adjusted for non-recurring gains, came to 81 cents per share.
The oil and natural gas company posted revenue of $828 million in the period.
California Resources shares have climbed 62 percent since the beginning of the year. The stock has more than doubled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRC at https://www.zacks.com/ap/CRC