California Resources Corporation filings document the company's oil and natural gas results, carbon management disclosures, governance matters, and capital structure. Recent Form 8-K reports furnish financial condition and operating results, including production, capital investment, drilling activity, shareholder returns, and updates tied to the completed Berry Corporation combination.
CRC's regulatory record also includes definitive proxy materials and annual meeting results covering director elections, auditor ratification, executive compensation votes, and stockholder governance. Material-event filings record amendments to its revolving credit facility, disclosures related to senior unsecured notes, principal accounting officer changes, indemnification arrangements, and other corporate finance matters.
The Form 144 filing for CRC notifies a brokered sale notice referencing Fidelity Brokerage Services LLC and lists restricted stock vesting events. The filing shows restricted stock vesting of 854 shares on 02/23/2024, 2,918 shares on 02/22/2025, and 22,637 shares on 02/23/2025. The header includes a numeric entry 1589557.71 and another numeric field 88794901, and the record references 05/12/2026 and the NYSE.
California Resources Corporation reported a sharp swing to a net loss of $711 million for the quarter ended March 31 2026, compared with prior-year profitability. Total operating revenues fell to $119 million, largely because of a non-cash loss of $792 million on commodity derivatives.
Underlying operations grew after the all-stock Berry Merger, which closed in late 2025. Oil, natural gas and NGL sales rose to $905 million, with net production increasing to 154 MBoe/d, including 19 MBoe/d from Berry assets. Operating costs and G&A rose with the larger asset base and integration expenses.
The company continued to reshape its balance sheet, issuing an additional $350 million of 7.000% 2034 Senior Notes and using proceeds to redeem $350 million of 8.250% 2029 Senior Notes, recognizing a $21 million loss on early extinguishment. Long-term debt stood at $1.31 billion, while liquidity totaled about $1.28 billion, including cash and availability under the $1.46 billion Revolving Credit Facility.
California Resources Corporation reported first quarter 2026 results showing strong underlying operations but a large non-cash hedge loss. The company recorded a net loss of $711 million driven by an $848 million loss on commodity derivatives, while generating adjusted net income of $79 million and adjusted EBITDAX of $304 million.
Average net production was 154 MBoe/d, 81% oil, and net cash from operating activities was $99 million. CRC raised its 2026 adjusted EBITDAX guidance midpoint by 42% to $1,450 million, increased its capital budget to $520–$560 million to accelerate drilling, and ended the quarter with $1,276 million of liquidity. It returned $46 million to shareholders and its nine director nominees and auditor were approved at the 2026 annual meeting.
Veltmann Alejandra reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp director Alejandra Veltmann received an equity grant in the form of restricted stock units. On April 30, 2026 she was awarded 3,091 RSUs, each representing a contingent right to one share of Common Stock, at no cash purchase price.
Following this grant, she holds 24,022 shares of Common Stock directly. The RSUs are scheduled to vest on April 30, 2027 and, subject to stated exceptions, will be settled in shares of Common Stock three months and one day after her separation from service.
Roby William B reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp director William B. Roby reported an equity grant of 3,091 restricted stock units (RSUs) of Common Stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market purchase.
Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest on April 30, 2027 and, subject to specified exceptions, will be settled in shares three months and one day after Roby’s separation from service. Following this grant, his direct holdings total 60,270.214 shares, so the award is a modest addition to his existing position.
McFarland Mark Allen reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp director Mark Allen McFarland received an equity grant of 3,091 shares of Common Stock in the form of restricted stock units (RSUs). The award was made at no cash cost to him and increases his direct holdings to 79,356 shares.
Each RSU is a contingent right to receive one share of Common Stock. The RSUs will vest on April 30, 2027, and, subject to certain exceptions, will be settled in shares of Common Stock three months and one day after his separation from service.
Kendall Christian S reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp director Christian S. Kendall received a grant of 3,091 restricted stock units (RSUs) tied to the company’s common stock. The award was granted at no cash cost and increases his direct holdings to 33,389 shares after the transaction.
Each RSU represents a contingent right to receive one share of common stock. These RSUs will vest on April 30, 2027 and, subject to certain exceptions, will be settled in shares of common stock three months and one day after his separation from service.
CHAPMAN JAMES N reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp director James N. Chapman received a grant of 3,091 restricted stock units (RSUs) of Common Stock. The award is a form of equity compensation and was recorded at a price of $0.00 per share in the filing.
Each RSU represents a contingent right to receive one share of Common Stock. These RSUs will vest on April 30, 2027 and, subject to certain exceptions, will be settled in shares three months and one day after Chapman’s separation from service. Following this grant, he holds 52,251.419 shares directly.
CEPAK TIFFANY THOM reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp reported that director Tiffany Thom Cepak received a grant of 5,023 shares of Common Stock in the form of restricted stock units (RSUs) at a price of $0.0000 per share, reflecting equity compensation rather than a market purchase. Following this award, she holds 86,325 shares directly. Each RSU represents a right to one share of Common Stock and will vest on April 30, 2027. Subject to certain exceptions, the RSUs will be settled in shares three months and one day after her separation from service, tying the ultimate delivery of stock to the end of her board tenure.
Bremner Andrew B. reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp director Andrew B. Bremner received an equity award in the form of restricted stock units. On April 30, he was granted 3,091 RSUs, each representing the right to receive one share of common stock at no cash cost.
The RSUs will vest on April 30, 2027 and, subject to specified exceptions, will be settled in shares of common stock three months and one day after his separation from service. After this grant, Bremner directly holds 30,982 shares of California Resources common stock.