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Form PRRN14A SILVERBOW RESOURCES, Filed by: Kimmeridge Energy Management Company, LLC

Form PRRN14A SILVERBOW RESOURCES, Filed by: Kimmeridge Energy Management Company, LLC
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California Court of Appeal Landmark Opinion Expands Intangible Asset Exemption from Property Tax Assessment | Insights

On April 7, 2023, the Second District of the California Court of Appeal published a landmark opinion on California property tax law that expands the tax-exempt status of intangible assets, holding that transient occupancy tax reimbursements and key money payments are intangible assets and that the “Rushmore Method” of removing intangibles from assessment is legally invalid. ....

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California Resources Corp (CRC) Q1 2021 Earnings Call Transcript


Operator
Good morning, and welcome to the California Resources Corporation First Quarter Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. [Operator Instructions]
I would now like to turn the conference over to Joanna Park. Please go ahead.
Joanna Park
Vice President of Investor Relations & Treasurer
Thank you. I m Joanna Park, Vice President of Investor Relations and Treasurer. Welcome to California Resources Corporation first quarter conference call. Participating on today s call is Mac McFarland, President and Chief Executive Officer; Francisco Leon, Executive Vice President and Chief Financial Officer; Shawn Kerns, Executive Vice President of Operations and Engineering; Mike Preston, Senior Executive Vice President, CAO and General Counsel; and Jay Bys, Chief Commercial Officer, as well as several other members of the CRC executive t ....

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California Resources Corporation Announces Fourth Quarter 2020 and Full Year Results


California Resources Corporation Announces Fourth Quarter 2020 and Full Year Results
By
Staff
3 weeks ago
SANTA CLARITA, Calif.–(BUSINESS WIRE)–California Resources Corporation (NYSE: CRC), an independent California-based oil and natural gas exploration and production company, today reported fourth quarter and full year 2020 results. Operational and financial highlights were as follows:
2020 Fourth Quarter and Full Year Highlights
For the full year of 2020, CRC reported net income of $1,871 million and an adjusted net loss attributable to common stock
1 of $257 million, excluding unusual and infrequent items primarily related to CRC’s bankruptcy proceedings and asset impairments
For the full year of 2020, reported net cash provided by operating activities of $106 million while generating free cash flow ....

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