When the Oil’s Down, the Dividend’s Up: A $4M Wager on California’s Energy Gamble 🎲

Let’s rewind. Kore Advisors LP, a fund with the thrill-seeking energy of a 1970s game show host, initiated a new position in CRC. That’s finance-speak for “Hey, boss, we’re buying a chunk of that California oil company!” According to the SEC filing (dated November 14), they now hold $4 million in CRC shares. Their portfolio now boasts 13 “reportable positions”-which, in plain English, means they’ve got 13 investments they can’t hide from their mom… or the government.





