Top Wall Street Forecasters Revamp California Resources Expectations Ahead Of Q4 Earnings

California Resources (NYSE:CRC) to release Q4 results on March 2

Published on Mar. 2, 2026

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California Resources Corporation (NYSE:CRC) is set to release its fourth quarter earnings on Monday, March 2. Analysts expect the company to report earnings per share of $0.50, down from $0.91 in the year-ago period. The consensus estimate for California Resources' quarterly revenue is $789.83 million, compared to $877 million last year.

Why it matters

California Resources is a major oil and gas producer based in Long Beach, California. The company's Q4 earnings report will provide insight into the state of the energy industry and the broader California economy.

The details

On December 15, 2025, Berry Petroleum received stockholder approval for its combination with California Resources. Shares of California Resources rose 2.6% to close at $58.84 on Friday, March 1, 2026, ahead of the earnings release.

  • California Resources will release its Q4 2025 earnings on Monday, March 2, 2026 before the market opens.
  • Berry Petroleum received stockholder approval for its combination with California Resources on December 15, 2025.

The players

California Resources Corporation

A major oil and gas producer based in Long Beach, California.

Berry Petroleum

An energy company that received stockholder approval to combine with California Resources in December 2025.

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The takeaway

California Resources' Q4 earnings report will provide important insights into the state of the energy industry and the broader California economy. The combination with Berry Petroleum also represents a significant development for the company.