California Resources Reaffirms FY23 Total Capital $200M-$245M
Portfolio Pulse from Benzinga Newsdesk
California Resources Corporation (CRC) has reaffirmed its total capital for FY23 to be between $200M and $245M.
July 31, 2023 | 9:39 pm
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NEUTRAL IMPACT
California Resources Corporation has reaffirmed its FY23 total capital to be between $200M and $245M.
The reaffirmation of the total capital for FY23 by California Resources Corporation is a neutral news. It doesn't indicate any significant changes in the company's financial position or strategy. However, it does provide transparency about the company's financial planning, which can be seen as a positive sign by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100