California Resources Expects Its Total 2024 Capital Program To Range $300M-$340M
Portfolio Pulse from Benzinga Newsdesk
California Resources Corporation (CRC) has projected its total capital program for the year 2024 to be in the range of $300 million to $340 million.
February 27, 2024 | 11:46 pm
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California Resources Corporation anticipates its 2024 capital expenditure to be between $300 million and $340 million.
The announcement of a defined capital program range for 2024 indicates CRC's strategic planning and investment in future growth. This forward-looking statement can be seen positively by investors as it reflects the company's planning and potential for growth, likely leading to a positive short-term impact on CRC's stock price.
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