{"schema_version":"secwatch.filing_event.v1","accession":"0001609253-23-000073","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.542814+00:00","generated_at":"2026-06-12T22:03:20.803959+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CRC Q2 net income $97M ($1.35 EPS); adjusted EPS $0.53; narrows FCF guidance to $380-460M","bullets":["Net income $97M ($1.35 diluted EPS); adjusted net income $38M ($0.53 diluted EPS).","Revenue $591M; net production 86 MBoe/d; E&P capex $35M.","Declared $0.2825/share dividend payable Sept 15; repurchased 1.6M shares for $64M in Q2.","Submitted Class VI permit for 17 MMT CO2 storage; total permitted capacity 191 MMT; new CDMA with Verde Clean Fuels (100 KMTPA).","Narrows 2023 FCF guidance to $380-460M; lowers operating cost guidance to $815-850M."],"urls":{"canonical":"https://secwatch.observer/filing/0001609253-23-000073","json":"https://secwatch.observer/filing/0001609253-23-000073.json","markdown":"https://secwatch.observer/filing/0001609253-23-000073.md","text":"https://secwatch.observer/filing/0001609253-23-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000160925323000073/0001609253-23-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000160925323000073/crc-20230731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:03:20.803959+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"88367acac811f4eb0759f6188d10a874fb633595","claim":"California Resources Corp reported second quarter 2023 results: net income $97 million, or $1.35 per diluted share, EPS $1.35 per diluted share. Guidance reaffirmed.","evidence_excerpt":"On July 31, 2023, California Resources Corporation (the “Company”) issued a press release announcing its financial condition and results of operations for the three and six months ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1609253/000160925323000073/0001609253-23-000073-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Net income","value":"$97 million, or $1.35 per diluted share"},{"label":"EPS","value":"$1.35 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}