California Resources Corp.

California Resources Corp. announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $550 million in aggregate principal amount of senior unsecured notes due 2035 . The Notes will be guaranteed by all of the Company's existing subsidiaries that guarantee its revolving credit facility, its 8.250% senior notes due 2029 and its 7.000% senior notes due 2034, and certain [...]

California Resources Corp. has achieved the first landmark carbon dioxide injection at Carbon TerraVault I , a first-of-its-kind carbon capture and storage project that will help advance California's progress toward carbon neutrality. Located at CRC's Elk Hills Field in Kern County, CTV I is California's first operational CCS project, establishing a market for storing CO? from industrial sources and placing CRC among a [...]

Increasing Second Half 2026 Activity to Accelerate Development of Long Duration Oil Inventory Raising 2026E Adjusted EBITDAX Guidance by 42% Driven by Strong Oil Prices, Increased Target Synergies and Expected Operating Efficiencies LONG BEACH, Calif., May 05, 2026 -- California Resources Corp. today reported its financial and operating results for the first quarter of 2026. In addition, CRC announced plans to increase [...]

California Resources Corp. plans to release its first quarter 2026 financial results on Tuesday, May 5th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, May 6th at 1:00 p.m. Eastern Time . We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10207969/103b95d691e. Callers who pre-register will be [...]

California Resources Corp. announced today the pricing of an upsized private offering of $350 million in aggregate principal amount of its 7.000% senior unsecured notes due 2034 . The offering size was increased from the previously announced $250 million aggregate principal amount. The Notes were priced at 100.500% of par, plus accrued and unpaid interest from October 8, 2025. The Notes will mature on January 15, 2034 [...]

California Resources Corp. announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $250 million in aggregate principal amount of its 7.000% senior unsecured notes due 2034 . The Notes are being offered as additional notes under the indenture dated as of October 8, 2025, as may be supplemented from time to time , pursuant to which the Company previously issued $400 [...]

California Resources Corp. today reported its financial and operating results for the fourth quarter and full-year 2025. The Company plans to host a conference call and webcast at 1 p.m. ET on Monday, March 2, 2026. Conference call details can be found within this release. Fourth Quarter Highlights Reported net income of $12 million, adjusted net income1 of $40 million and $251 million of adjusted EBITDAX1 Generated net [...]

California Resources Corp. announced today that it has received a 'Grade A' certification through MiQ, the global methane certification and verification standard, for production segments across their San Joaquin Valley operating assets in Fresno and Kern Counties. This marks CRC's third MiQ certification, with the majority of production now under independently verified standards, further reinforcing CRC's leadership in [...]

California Resources Corp. plans to release its fourth quarter and full year 2025 financial results on Monday, March 2nd before market hours. The Company will hold a conference call to discuss these financial results on Monday, March 2nd at 1:00 p.m. Eastern Time . We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10204776/10070090c28. Callers who [...]

California Resources Corp. and the Los Angeles Rams today celebrated the first year of their "Football Without the Footprint" partnership, an innovative carbon management initiative designed to reduce and offset the team's carbon emissions. The partnership demonstrates a tangible path toward decarbonization while delivering local environmental and community benefits. CRC has advanced projects across Los Angeles that have [...]