{"schema_version":"secwatch.filing_event.v1","accession":"0001609253-23-000079","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.766376+00:00","generated_at":"2026-06-09T02:40:18.858070+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 Q3 adj. net income $74M ($1.02/diluted); dividend raised 10% to $0.31","bullets":["Net loss $22M ($0.32 loss/diluted); adjusted net income $74M ($1.02/diluted).","Generated $71M free cash flow in Q3; YTD FCF $403M; returned 52% to shareholders.","Dividend raised 10% to $0.31/share (payable Dec 15, record Dec 1).","Narrowed 2023 production to 85-87 MBoe/d and capex to $185-210M; raised gas marketing margin guidance.","Carbon management: Elk Hills capture-storage project (100k MTPA) by end 2025; CDMA with NLCE for 150k MTPA."],"urls":{"canonical":"https://secwatch.observer/filing/0001609253-23-000079","json":"https://secwatch.observer/filing/0001609253-23-000079.json","markdown":"https://secwatch.observer/filing/0001609253-23-000079.md","text":"https://secwatch.observer/filing/0001609253-23-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000160925323000079/0001609253-23-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000160925323000079/crc-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:40:18.858070+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":"fe51c36fecd4d152592324416d1886a6d9a1479f","claim":"California Resources Corp reported the three and nine months ended September 30, 2023 results: net income $22 million, or $0.32 per diluted share, EPS $0.32 per diluted share.","evidence_excerpt":"California Resources Corporation (the “Company”) issued a press release announcing its financial condition and results of operations for the three and nine months ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1609253/000160925323000079/0001609253-23-000079-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and nine months ended September 30, 2023"},{"label":"Net income","value":"$22 million, or $0.32 per diluted share"},{"label":"EPS","value":"$0.32 per diluted share"},{"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"}