Analysts recommend oil producer California Resources amid acquisition of smaller peer – Oninvest Investors may want to take advantage of easing environmental rules for drilling in California by buying shares of small-cap oil producer California Resources, several Wall Street analysts have flagged...

⛽️ #CaliforniaResources is acquiring #BerryCorporation in a $717M all-stock deal, creating a combined producer with output of 161K boe/day.

Analysts see upside as California eases environmental rules on drilling — a rare shift in a state long tough on oil. Details: en.oninvest.com/article/anal...