California Resources Corp (FRA:1CLD)
€ 55.5 0.5 (0.91%) Market Cap: 5.14 Bil Enterprise Value: 6.07 Bil PE Ratio: 9.32 PB Ratio: 1.51 GF Score: 61/100
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California Resources Corp at Barclays CEO Energy-Power Conference Transcript

Sep 10, 2021 / 02:55PM GMT
Release Date Price: €33.4 (+3.09%)
Jeanine Wai
Barclays Bank PLC, Research Division - Research Analyst

Hi, good morning, everyone. Thanks so much for joining us. We are very pleased this morning to have with us Mr. Mac McFarland, President and CEO of CRC Resources; Francisco Leon, EVP and CFO; as well as Chris Gould, EVP and Chief Sustainability Officer.

CRC's story, for those of you who are less familiar, it has rapidly evolved since emerging from bankruptcy about 6 months ago. The company has done a few transactions to refocus on to the core areas, and it's also announced a new direction with the company's decarbonization initiatives, which are super exciting.

So Mac, Francisco and Chris, I'll turn it over to you and then perhaps we can get into some Q&A.

Mark Allen McFarland
California Resources Corporation - President, CEO & Director

That sounds great, Jeanine. Thank you. We're pleased to be here, excited to present at the 2021 Barclays CEO Energy Power Conference. Perhaps first, I'd start with a few comments on California. As we, in California, continue to

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