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California Resources: 3Q Earnings Snapshot

LOS ANGELES (AP) _ California Resources Corp. (CRC) on Thursday reported third-quarter net income of $66 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Los Angeles-based company said it had net income of $1.32. Earnings, adjusted for non-recurring gains, came to 81 cents per share.

The oil and natural gas company posted revenue of $828 million in the period.

California Resources shares have climbed 62 percent since the beginning of the year. The stock has more than doubled in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRC at https://www.zacks.com/ap/CRC