---
title: "California Resources publishes investor presentation highlighting reserves runway, California supply-demand trends and operational execution"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295684554.md"
description: "California Resources highlighted strong Q2 2026 performance in an investor presentation, reporting net production of 149 Mboe/d and operating cash flow of $240 million. Adjusted EBITDAX rose to $338 million, while capital spending decreased to $97 million. The company returned $151 million to shareholders, including $36 million in dividends, demonstrating improved operational execution and financial metrics compared to Q1."
datetime: "2026-08-12T15:19:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295684554.md)
  - [en](https://longbridge.com/en/news/295684554.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295684554.md)
generator: "portal-rs"
---

# California Resources publishes investor presentation highlighting reserves runway, California supply-demand trends and operational execution

-   California Resources outlined 2Q26 net production of 149 Mboe/d, including net oil production of 120 Mbo/d. \* Operating cash flow before working-capital changes totaled USD 240 million, versus USD 120 million in 1Q26. \* Adjusted EBITDAX rose to USD 338 million from USD 149 million in 1Q26. \* Total capital spending was USD 97 million, down from USD 106 million in 1Q26. \* Shareholder returns reached USD 151 million, including USD 36 million of dividends paid. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. California Resources Corporation published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**