CRC Q1 2026 Earnings Call Summary
CRC reported strong Q1 2026 earnings, with adjusted EBITDAX of $304 million, exceeding guidance by 17%. The results were driven by higher oil prices and increased activity. The company raised its full-year EBITDAX guidance by 42% to a midpoint of $1.45 billion.
Tickers: $CRC
Topics: capital deployment cash flow earnings EBITDAX merger synergies oil shareholder returns