{"schema_version":"secwatch.filing_event.v1","accession":"0001609253-25-000066","form_type":"8-K","ticker":"CRC","cik":"0001609253","company_name":"California Resources Corp","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.478441+00:00","generated_at":"2026-05-17T20:44:00.121586+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"CRC Q2 net income $172M, adj. EBITDAX $324M; raises 2025 production and EBITDAX guidance","bullets":["Net income $172M ($1.92 diluted EPS); adjusted net income $98M ($1.10 adjusted diluted EPS).","Average net production 137 MBoe/d (80% oil), at high end of guidance; added second Kern County rig.","Q2 free cash flow $109M; returned record $287M to shareholders ($252M buybacks, $35M dividends).","2025 guidance raised: net production 134-138 MBoe/d, adjusted EBITDAX $1.195-1.275B; DCW capital lowered $5M.","Declared Q3 dividend $0.3875/share payable Sept 12, 2025; share repurchase program extended to June 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001609253-25-000066","json":"https://secwatch.observer/filing/0001609253-25-000066.json","markdown":"https://secwatch.observer/filing/0001609253-25-000066.md","text":"https://secwatch.observer/filing/0001609253-25-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609253/000160925325000066/0001609253-25-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609253/000160925325000066/crc-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:44:00.121586+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}