U.S. COMPANY FILING
California Resources Corp — Form 8-K filed 2026-10-13
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California Resources filed an 8-K on October 13, 2026, disclosing preliminary, unaudited third-quarter 2026 realized price and commodity derivative information. Brent averaged $91.36/bbl, WTI $85.79/bbl, and Henry Hub $2.96/Mcf. Realized oil price without derivative settlements was $83.42/bbl, falling to $72.46/bbl with settlements. The company estimated a $134 million net loss from commodity derivative settlements. Management said it does not view the quarter's oil realization relative to Brent as a long-term run rate and expects improvement from commercial and logistics actions.
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