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 Corp (CRC) delivers essential energy solutions as California's largest oil and natural gas producer. This news hub provides investors and stakeholders with timely updates on CRC's operational developments, strategic initiatives, and regulatory engagements.
Access authoritative coverage of CRC's earnings reports, partnership announcements, and sustainability efforts, all curated to support data-driven decisions. Our repository ensures you stay informed on production updates, infrastructure investments, and market positioning within California's evolving energy sector.
Explore verified press releases, operational milestones, and analysis of CRC's role in advancing regional energy security. Content is rigorously updated to reflect the company's focus on low-carbon intensity operations and community-driven resource management.
Bookmark this page for streamlined access to CRC's latest developments, or check back regularly for insights into how California's energy leader navigates industry challenges and opportunities.
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.
California Resources Corporation (NYSE: CRC) announced it received MiQ ‘Grade A’ certification for its Ventura Basin production assets on Nov 18, 2025. CRC previously earned a Grade A for its Los Angeles Basin assets in 2024 and is described as the only oil and natural gas producer in California and the Rocky Mountain Region to hold MiQ certification.
The certification reflects high scores in company practices, monitoring technology deployment, and methane intensity, and CRC says it plans to continue working with MiQ to certify production across California.
California Resources Corporation (NYSE: CRC) reported Q3 2025 results on November 4, 2025: net income $64M, adjusted net income $123M, and adjusted EBITDAX $338M. The company generated $279M net cash from operations and $188M free cash flow, delivered 137 MBoe/d (78% oil), and invested $91M of capital.
CRC raised its quarterly dividend 5% to $0.405/share, announced a definitive all-stock merger with Berry (fixed ratio 0.0718; ~5.6M CRC shares to be issued), completed a $400M private 2034 note offering, and redeemed all remaining 2026 senior notes for $122M. Liquidity totaled $1,154M.
California Resources Corporation (NYSE: CRC) and Capital Power (TSX: CPX) signed a non-binding MOU on Nov 4, 2025 to evaluate carbon capture and sequestration for Capital Power’s La Paloma 1.1 GW natural gas combined-cycle facility in Kern County, California.
Carbon TerraVault intends to assess serving as the exclusive transportation and sequestration provider for up to 3 million metric tons per annum (MMTPA) of CO2 and will jointly evaluate data center sites, power infrastructure, permitting, and integration opportunities. The MOU is subject to definitive agreements, a final investment decision, and EPA Class VI and other regulatory approvals.
California Resources (NYSE: CRC) broke ground Oct. 16, 2025 on Carbon TerraVault I (CTV I), California’s first commercial carbon capture and storage project, at Elk Hills Field in Kern County.
CTV I is a CRC–Brookfield joint venture with planned first CO₂ injection in early 2026, annual storage capacity of 1.6 million metric tons and total storage potential of 38 million metric tons in the 26R reservoir. The project holds final EPA Class VI permits and won unanimous Kern County Board approval.
California Resources Corporation (NYSE: CRC) will release its Q3 2025 financial results on Tuesday, November 4, 2025 after market close and will host a conference call on Wednesday, November 5, 2025 at 1:00 p.m. ET (10:00 a.m. PT).
Investors are encouraged to pre-register for the call at the provided registration link to receive a passcode and unique PIN for immediate access. Dial-in numbers: (877) 328-5505 or international +1-412-317-5421. A live webcast and a digital replay will be available on www.crc.com, with the replay archived for approximately 90 days.
California Resources Corporation (NYSE: CRC) has announced the redemption of all outstanding 7.125% Senior Notes due 2026. The redemption will take place on October 10, 2025, at a redemption price of 100.000% of the principal amount plus accrued and unpaid interest.
The company will use cash on hand for the redemption, demonstrating its commitment to maintaining a strong balance sheet, according to CRC President and CEO Francisco Leon. Following the redemption, there will be no 2026 Notes outstanding.
FAQ
What is the current stock price of California Res (CRC)?
What is the market cap of California Res (CRC)?
