CRC
CALIFORNIA RES (CRC)
NYSE
$53.26-$1.55 (-2.83%)
Price as of Jun 23, 2026 12:46 PM EDT
  • $4.9B
    Market Cap
  • 21.83%
    1-Year Change
  • Oil & Gas E&P
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 37
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California

California Resources Corporation (CRC) has achieved the first CO₂ injection at Carbon TerraVault I (CTV I), California's first operational carbon capture and storage project. Located at CRC's Elk Hills Field in Kern County, the project can store up to 1.46 million metric tons of CO₂ annually at maximum capacity. CRC has partnered with Brookfield in a joint venture and committed over $1 million to local community benefits. The company has submitted eight additional storage reservoirs for EPA Class VI permitting, representing approximately 352 million metric tons of total potential CO₂ storage capacity.

05/26/2026, 7:00 AMGlobeNewswire

California Resources Corporation Announces Pricing of Upsized Private Offering of $350 Million of Additional 7.000% Senior Unsecured Notes due 2034

California Resources Corporation priced an upsized $350 million private offering of 7.000% senior unsecured notes due 2034 at 100.500% of par. The company intends to use net proceeds to redeem $350 million of its 8.250% senior unsecured notes due 2029, effectively refinancing higher-cost debt at a lower interest rate.

03/11/2026, 5:24 PMGlobeNewswire

California Resources Corporation Achieves ‘Grade A’ Certification for its San Joaquin Valley Basin Assets

California Resources Corporation (CRC) announced it received a 'Grade A' certification from MiQ for its San Joaquin Valley operating assets, marking its third consecutive independent methane certification. The certification validates CRC's low-methane intensity operations across production segments in Fresno and Kern Counties, demonstrating the company's commitment to responsible energy production and environmental stewardship.

02/25/2026, 9:00 AMGlobeNewswire

This Energy Stock Fell 11% in a Year, but One Fund Is Betting $169 Million on Its Performance

Denver-based Sourcerock Group significantly increased its stake in California Resources Corporation (CRC) by 1.18 million shares in Q3, bringing its total holding to 3.18 million shares valued at $169.14 million. Despite CRC's 11% decline over the past year, the fund's conviction bet reflects confidence in the company's strong cash flow generation, with Q3 operating cash flow of $279 million and a 5% dividend increase, positioning it as a resilient energy play for patient capital.

12/29/2025, 2:30 PMThe Motley Fool

Why One Florida Fund Opened a $4 Million Bet on California Resources Despite a 15% Stock Slide

Florida-based Kore Advisors acquired a $4 million stake in California Resources Corporation (75,141 shares) during Q3, despite the stock declining 14.5% over the past year. The fund sees value in CRC's strengthened fundamentals, including $188 million in free cash flow, a 5% dividend increase, debt reduction, and stable production, positioning it as a stabilizing holding in their portfolio.

12/24/2025, 6:12 PMThe Motley Fool

Berry Stockholders Approve Combination with CRC

Berry Corporation shareholders voted to approve a merger with California Resources Corporation, with approximately 73% of outstanding shares and 98% of voted shares supporting the transaction. The merger will involve exchanging 0.0718 shares of CRC for each Berry share, with closing expected on December 18.

12/15/2025, 12:15 PMBenzinga

California Resources Corporation Supports Food Security Efforts Across California with $200,000 Donation

California Resources Corporation donated $200,000 to support food security efforts across California, distributing funds to local food banks and community organizations in areas like Long Beach, Stockton, and several counties.

11/20/2025, 10:00 AMGlobeNewswire

California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets

California Resources Corporation (CRC) received a 'Grade A' methane emissions certification from MiQ for its Ventura County production assets, reinforcing its commitment to reducing emissions and supporting California's climate goals.

11/18/2025, 12:00 PMGlobeNewswire

California Resources Corporation Breaks Ground on California’s First Carbon Capture and Storage Project

California Resources Corporation launched Carbon TerraVault I, the state's first carbon capture and storage project in Kern County, capable of storing up to 1.6 million metric tons of CO₂ annually, with first injection planned for early 2026.

10/16/2025, 5:00 PMGlobeNewswire

California Resources Corporation Schedules Third Quarter 2025 Earnings Conference Call

California Resources Corporation will release its Q3 2025 financial results on November 4th after market close, with a conference call scheduled for November 5th to discuss the results.

10/03/2025, 9:00 AMGlobeNewswire

California Resources Corporation Announces Redemption of 7.125% Senior Notes Due 2026

California Resources Corporation will redeem its 7.125% Senior Notes due 2026 on October 10, 2025, at full principal value, demonstrating its commitment to maintaining a strong balance sheet.

09/30/2025, 5:00 PMGlobeNewswire

California Resources Corporation Announces Pricing of Private Offering of $400 Million of Senior Unsecured Notes

California Resources Corporation priced a $400 million private offering of senior unsecured notes due in 2034, intending to use proceeds to repay Berry Corporation's existing indebtedness in connection with a pending business merger.

09/24/2025, 4:43 PMGlobeNewswire

5 Big Dividend Hikes to Expect This Quarter

The article discusses five companies expected to significantly increase their dividend payouts in the upcoming quarter, highlighting their financial performance, growth strategies, and potential for dividend expansion.

07/04/2025, 6:01 AMInvesting

5 Big Dividend Hikes to Expect This Quarter

The article discusses five companies expected to significantly increase their dividend payouts in the upcoming quarter, highlighting their growth potential and financial performance across various sectors like telecommunications, technology, energy, hospitality, and beverage distribution.

07/04/2025, 5:19 AMInvesting

Peers

Statistics

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Day Range
$54.19
$55.84
$54.81
1-Year Range
$43.55
$70.13
$54.81
Latest Close$54.81
Change
-$0.49 (-0.89%)
Volume1,235,379
Market Cap$4.9B
Shares Outstanding88.8M
P/E (TTM)-10.28
Diluted EPS (TTM)-$5.33
Enterprise Value$6.1B

Information as of 06/22/2026

Company Profile

CALIFORNIA RESOURCES CORP
CALIFORNIA RESOURCES CORP
https://www.crc.com
$4.9B
Market Cap
-$463.0M
Net Income
Sector: Energy
Industry: Oil & Gas E&P
1 World Trade Center, Long Beach, CA, United States, 90831
888 848 4754

California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it owns and operates power generation facilities, as well as smaller gas-fired power plants used to generate power for oil and natural gas operations. The company was incorporated in 2014 and is based in Long Beach, California.

Key Executives

  • Francisco J. Leon
  • Jay A. Bys
  • Michael L. Preston
  • Clio Crespy
  • Chris Gould

Current Ownership Distribution

  • Institutions1.5B (52.22%)
  • Mutual Funds1.3B (46.06%)
  • Insiders48.0M (1.72%)
  • Other0 (0.00%)