{"schema_version":"secwatch.filing_event.v1","accession":"0001609253-24-000059","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.237593+00:00","generated_at":"2026-06-02T18:34:55.096589+00:00","sec_items":["2.02","5.07","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CRC reports Q1 net loss of $10M, adj. EPS $0.75; returns $79M to shareholders","bullets":["Net loss of $10M ($0.14 loss per share); adjusted net income $54M ($0.75 per share).","Q1 adjusted EBITDAX $149M, free cash flow $33M; net cash from operations $87M.","Returned $79M to shareholders via $58M buybacks and dividends; YTD nearly $95M.","Aera Merger on track: definitive proxy filed, HSR cleared, expected close mid-2024.","Board elected Christian S. Kendall; declared $0.31/share dividend payable June 14."],"urls":{"canonical":"https://secwatch.observer/filing/0001609253-24-000059","json":"https://secwatch.observer/filing/0001609253-24-000059.json","markdown":"https://secwatch.observer/filing/0001609253-24-000059.md","text":"https://secwatch.observer/filing/0001609253-24-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000160925324000059/0001609253-24-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000160925324000059/crc-20240503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T18:34:55.096589+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":"96aebfb22214b25b9e18358f1f1e413116879096","claim":"California Resources Corp reported the three months ended March 31, 2024 results: net income $10 million, or $0.14 per diluted share.","evidence_excerpt":"On May 7, 2024, California Resources Corporation (the “Company”) issued a press release announcing its financial condition and results of operations for the three months ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1609253/000160925324000059/0001609253-24-000059-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$10 million, or $0.14 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"}