Business Context and Reporting Period
Company: California Resources Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: November 16, 2016
Event: Regulation FD Disclosure regarding an upcoming presentation by CEO Todd Stevens at the Bank of America Merrill Lynch 2016 Global Energy Conference on November 17, 2016, in Miami, Florida.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report serves solely to disclose the presentation of attached slides (Exhibit 99.1) and does not contain a financial statement or tabular data.
Material Changes
No material changes to financial performance or operations are reported in this document. The filing is procedural, intended to make the presentation materials available to the public in compliance with Regulation FD.
Guidance, Outlook, and Risks
- Forward-Looking Statements: The presentation slides incorporated by reference contain expectations and predictions of the future. Management notes that actual results could differ materially from these projections.
- Risks: Factors affecting results are referenced as those mentioned in other SEC filings. The Company explicitly states it undertakes no duty or obligation to publicly update or revise the information contained in this report.
- Legal Status: The information is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference in Securities Act filings except as expressly set forth.
Investor Verification Checklist
- Review Exhibit 99.1 (Bank of America Merrill Lynch 2016 Global Energy Conference slides) for specific operational data and forward-looking guidance.
- Verify the date of the presentation (November 17, 2016) against the filing date (November 16, 2016).
- Consult other SEC filings (e.g., 10-K, 10-Q) for detailed risk factors and historical financial performance, as this 8-K does not contain them.