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XNYS
CRC
Market cap4.62bUSD
Oct 08, Last price  
53.05USD
1D
1.90%
1Q
1.11%
IPO
253.67%
Name

California Resources Corp

Chart & performance

D1W1MN
XNYS:CRC chart
P/E
12.98
P/S
1.31
EPS
4.09
Div yield, %
3.01%
Shrs. gr., 5y
0.96%
Rev. gr., 5y
17.50%
Revenues
3.60b
+21.88%
3,934,000,0004,073,000,0004,282,000,0004,176,000,0002,351,000,0001,753,000,0002,096,000,0003,063,000,0002,693,000,0001,609,000,0002,565,000,0003,258,000,0002,813,000,0002,957,000,0003,604,000,000
Net income
363m
-3.46%
971,000,000699,000,000869,000,000-1,434,000,000-3,554,000,000279,000,000-266,000,000328,000,000-28,000,0001,882,000,000612,000,000524,000,000564,000,000376,000,000363,000,000
CFO
865m
+42.98%
2,456,000,0002,223,000,0002,476,000,0002,371,000,000403,000,000130,000,000248,000,000461,000,000676,000,000106,000,000660,000,000690,000,000645,000,000605,000,000865,000,000
Dividend
Sep 04, 20260.405 USD/sh

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Profile

California Resources Corporation (CRCQW) operates as an independent entity focused on the exploration and production of crude oil and natural gas. The company manages the entire lifecycle of these resources, from their discovery and extraction to gathering, processing, and marketing crude oil, natural gas, and natural gas liquids (NGLs). Its customer base includes energy marketers, Californian refineries, and other purchasers that possess suitable transportation and storage infrastructure. As of December 31, 2021, CRC held interests across approximately 1.9 million net mineral acres, with its proven reserves estimated at 480 million barrels of oil equivalent. Furthermore, the company engages in the business of generating and supplying electricity to both local utility companies and the broader power grid. Founded in 2014, California Resources Corporation is headquartered in Santa Clarita, California.

Related entities

Subsidiaries (3)
CALIFORNIA RESOURCES DEVELOPMENT JV, LLC
CRC MARKETING, INC.
AERA ENERGY LLC

Key people

Clio Crespy
Chief Financial Officer, Executive Vice President · since 2025
Jay Bys
Executive Vice President and Chief Commercial Officer · since 2021
Chris Gould
Executive Vice President, Chief Sustainability Officer · since 2021
Omar Hayat
Executive Vice President - Operations, Senior Vice President - Operations · since 2023
Michael Preston
Executive Vice President, Chief Strategy Officer and General Counsel · since 2023
Francisco Leon
President, Chief Executive Officer, Director · since 2023
Director · since 2023
Andrew Bremner
Independent Director · since 2022
Independent Chairman of the Board · since 2021
Independent Director · since 2021
James Jackson
Independent Director · since 2024
Independent Director · since 2024
Independent Director · since 2020
Bobby Saadati
Independent Director · since 2024
Alejandra Veltmann
Independent Director · since 2021
IPO date
Nov 13, 2014
Employees
1,060
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
1 World Trade Center
Suite 1500
Long Beach, CA 90831
US

Valuation

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