California Resources Corporation reports Q3 net income of $64 million
California Resources Corporation reported a net income of $64.0 million and adjusted net income of $123.0 million for the third quarter of 2025. Adjusted EBITDAX was $338.0 million. The company generated net cash provided by operating activities of $279.0 million and free cash flow of $188.0 million. Net oil production averaged 107,000 barrels per day, with a realized oil price of $66.3 per barrel without derivative settlements and $67.0 per barrel with derivative settlements. The company raised its quarterly dividend by 5% and announced the early redemption of all remaining 2026 Senior Notes. California Resources also highlighted the pending merger with Berry and noted a continued focus on execution and strengthening its balance sheet.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. California Resources Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9568628-en) on November 04, 2025, and is solely responsible for the information contained therein.
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