It will get a bounce with positive earnings. Whether it stays in the green depends as you say on the oil market. This is not a 2.00 company.
Company lives within its revenue. Company is profitable with oil above 27.00. This alone ensures CRC earnings are positive. I also suspect will receive an update on merger, JV to increase production and revenues.
This company can't produce a BOE at a profit. It's run by Canadian commies like Trudeau. The man who said if you kill your enemies they win. Can't get worse than this.
Now he's an 0311 of to Vietnam. No CRC. Colonel don't like it when elisted try to get puzzy from his daughter.