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 [...]
California Resources Corp. today closed its all-stock combination with Berry Corp. . The transaction enhances CRC's premier California portfolio of long-lived, low-decline conventional assets with significant development upside and adds strategic optionality in the Uinta basin. "CRC is entering 2026 stronger than ever, ready to build on our operational momentum and deliver meaningful synergies for our shareholders," said [...]
California Resources Corp. and its carbon management business, Carbon TerraVault , today announced a Memorandum of Understanding1 with Middle River Power, LLC , an independent power producer and asset management company, to provide carbon transportation and sequestration services for MRP power facilities in California. Importantly, this is CRC's first MOU1 to provide carbon management services for a brownfield power [...]
California Resources Corp. announced today that the Company's executives will be participating in the following events in January 2026: Goldman Sachs Energy, CleanTech & Utilities Conference 2026 on January 6 in Aventura, FL UBS Winter Infrastructure & Energy Conference on January 13 to 14 in Deer Valley, UT CRC's presentation materials will be available the day of the event on the Earnings and Presentations page in the [...]
California Resources Corp. today announced it is donating $200,000 to support community food security efforts across the state. The contributions will be distributed to local food banks and community organizations to help address ongoing and immediate food security challenges. "Supporting the communities where we live and work is integral to who we are as a company," said Francisco Leon, CRC's President and Chief [...]
California Resources Corp. received a 'Grade A' certification through MiQ's Methane Emissions Performance Standard for its production segment operating assets in Ventura County. CRC earned a 'Grade A' certification in 2024 for its Los Angeles Basin assets and remains the only oil and natural gas producer in California and the Rocky Mountain Region to receive MiQ certification. "Earning 'Grade A' certifications from MiQ [...]
California Resources reported financial and operating results for the third quarter of 2025. The Company plans to host a conference call and webcast at 1 p.m. ET on Nov 5, 2025. Conference call details can be found within this release. Third Quarter Highlights Reported net income of $64 million, adjusted net income1 of $123 million and $338 million of adjusted EBITDAX1 Generated net cash provided by operating activities [...]
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