Welcome to our dedicated page for California Res news (Ticker: CRC), a resource for investors and traders seeking the latest updates and insights on California Res stock.
California Resources Corporation (CRC) is a New York Stock Exchange–listed independent energy and carbon management company focused on California. News related to CRC often combines traditional oil and natural gas operations with developments in carbon capture and storage (CCS), methane emissions performance, corporate transactions and community initiatives.
Recent company announcements describe CRC’s role in the energy transition and its efforts to align local energy production with California’s climate goals. Investors and observers can find updates on CRC’s financial and operating results, including quarterly earnings releases and associated conference calls, where the company discusses its performance, capital allocation and balance sheet actions. These events are typically accompanied by press releases and webcast details.
CRC’s news flow also highlights its carbon management business, Carbon TerraVault (CTV). The company issues releases on memoranda of understanding with power producers and other partners to evaluate CCS solutions for facilities in California, as well as milestones such as the groundbreaking of Carbon TerraVault I at Elk Hills Field in Kern County. These items provide insight into how CRC is developing services to capture, transport and store CO2 for industrial customers.
Corporate and strategic developments are another key news theme. CRC has reported an all-stock combination with Berry Corporation, with Berry becoming a wholly owned subsidiary of CRC, and has disclosed related credit facility amendments and note offerings. Additional news covers topics such as MiQ "Grade A" methane emissions certifications for CRC’s production assets, community donations to support food security, and partnerships like the "Football Without the Footprint" initiative with the Los Angeles Rams.
For those following CRC, the news page offers a way to monitor earnings announcements, carbon management projects, regulatory and financing updates, and community-focused activities tied to the company’s operations in California.
California Resources Corporation (NYSE: CRC) priced an upsized private offering of $350 million aggregate principal of 7.000% senior unsecured notes due January 15, 2034, at 100.500% of par. The offering was increased from $250 million and is expected to close on March 23, 2026.
The Notes pay semi‑annual interest on January 15 and July 15 (first payment July 15, 2026), will be fungible with the company’s existing $400 million 7.000% notes, and the company intends to use proceeds to fund the redemption of $350 million of 8.250% notes due 2029.
California Resources Corporation (NYSE: CRC) intends to offer $250 million of 7.000% senior unsecured notes due 2034 as additional notes to an existing $400 million series.
The Notes will be fungible with the existing series, offered to QIBs under Rule 144A and non-U.S. persons under Regulation S, and net proceeds plus cash/borrowings are intended to redeem $250 million of 8.250% notes due 2029 at a 100% redemption price plus applicable premium.
California Resources Corporation (NYSE: CRC) reported strong 2025 results with 25% production growth to 138 MBoe/d, adjusted EBITDAX $1,241M, and free cash flow $543M—both the highest since 2021. The company closed the Berry combination, added 93 MMBoe proved reserves, and exited 2025 with $117M cash and $1,284M borrowing capacity.
For 2026 CRC targets ~12% production growth to 152–157 MBoe/d, capital investments $430–$470M, expected Berry synergies of $80–$90M, and first CO2 injection at Elk Hills in spring 2026, subject to approvals.
California Resources Corporation (NYSE: CRC) received a third MiQ ‘Grade A’ certification for production segments in Fresno and Kern Counties, covering the majority of its San Joaquin Valley output. The certification reflects high scores in company practices, monitoring technology and methane intensity.
CRC says independent verification strengthens its low‑methane credentials and supports reliable, responsibly sourced energy for California while addressing buyer, regulator and investor expectations.
California Resources Corporation (NYSE: CRC) will release its fourth quarter and full year 2025 financial results on Monday, March 2, 2026 before market open. The company will host a conference call on March 2 at 1:00 p.m. ET (10:00 a.m. PT) to discuss results, with a webcast and a digital replay archived for ~90 days on the investor relations site.
Participants are encouraged to pre-register to receive a passcode and PIN for immediate access; dial-in and international numbers are provided.
California Resources Corporation (NYSE: CRC) and the Los Angeles Rams marked year one of their "Football Without the Footprint" partnership, retiring locally sourced environmental products to offset the team’s 2025 energy and travel emissions.
Key outcomes: CRC supplied MiQ-certified low-carbon crude equal to the Rams' away-game jet fuel with 54% lower carbon intensity than the California average; MiQ Grade A low-carbon natural gas (methane intensity <0.05%) equal to stadium use; BeZero-rated A.pre industrial emissions-avoidance credits; and forestry credits tied to the Colorado River Basin.
California Resources Corporation (NYSE: CRC) closed its all-stock combination with Berry Corporation (NASDAQ: BRY) on December 18, 2025, creating a combined company headquartered in Long Beach and led by CRC’s executive team.
Under the deal, Berry equity holders received ~5.6 million CRC shares with an approximate aggregate value of $253 million based on CRC’s Dec 17, 2025 close. CRC said the transaction adds long-lived, low-decline San Joaquin assets, development upside, and strategic optionality in the Uinta basin, and expects to issue full-year 2026 guidance with its year-end and Q4 2025 results.
California Resources Corporation (NYSE: CRC) and Carbon TerraVault announced a Memorandum of Understanding with Middle River Power on Dec. 16, 2025 to evaluate carbon capture, transport and sequestration for two brownfield California power plants: the 850 MW High Desert (Victorville) and the 330 MW San Joaquin Energy Center (Tracy).
The facilities emit up to 2.1 MMTPA and 0.65 MMTPA CO2 respectively. CTV would be the exclusive CO2 transport and sequestration provider; projects remain non-binding and contingent on definitive agreements, financing and EPA Class VI permits.
California Resources Corporation (NYSE: CRC) said its executives will participate in investor conferences in January 2026. Scheduled appearances include the Goldman Sachs Energy, CleanTech & Utilities Conference on January 6, 2026 in Aventura, FL and the UBS Winter Infrastructure & Energy Conference on January 13–14, 2026 in Deer Valley, UT.
CRC said presentation materials will be posted the day of each event on the company’s Earnings and Presentations page in Investor Relations at www.crc.com. Contact details for investor relations and media were provided for further inquiries.
California Resources Corporation (NYSE: CRC) announced a $200,000 donation to support community food security efforts across California on November 20, 2025. Funds will be distributed to local food banks and community organizations, with emphasis on areas where CRC operates: Long Beach, Stockton, Kern, Ventura, Monterey, and Fresno counties, and a contribution to the statewide California Association of Food Banks.
The company said it will coordinate with community partners and local officials to direct resources for immediate impact. Since 2015, CRC has provided nearly $20 million in cumulative contributions to nonprofits addressing local needs.