secwatch.observer — SEC 8-K summary
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Issuer:     California Resources Corp (CRC)
CIK:        0001609253
Form:       8-K
Filed at:   2026-07-14T13:00:34+00:00
Accession:  0001609253-26-000122
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud@v2

CRC reports preliminary Q2 2026 realized prices and $190M derivative loss
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- Preliminary Q2 2026 realized oil price $91.64/bbl (without derivatives), $76.50/bbl (with derivatives).
- NGL realized price $49.62/bbl; gas $1.84/Mcf.
- Net loss from commodity derivative settlements of $190M: $164M loss on sales derivatives, $26M on purchase derivatives.
- Index prices: Brent $96.87/bbl, WTI $92.79/bbl, NYMEX Henry Hub $2.90/Mcf.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609253/000160925326000122/0001609253-26-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609253/000160925326000122/crc-20260714.htm
  HTML page:      https://secwatch.observer/filing/0001609253-26-000122

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer