California Resources Corporation and Los Angeles Rams Score in Carbon Management Initiative

Rhea-AI Summary

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.

Positive

• MiQ-certified low-carbon crude with 54% lower upstream carbon intensity
• MiQ Grade A natural gas (methane intensity 0.05%) for stadium operations
• BeZero Carbon ex ante rating of A.pre for industrial emissions-avoidance credits
• First NFL team in California to purchase locally sourced environmental credits

Negative

• None.

News Market Reaction

+4.02%

1 alert

+4.02% News Effect

On the day this news was published, CRC gained 4.02%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Lower carbon intensity: 54% lower than California average Methane intensity threshold: less than 0.05% World Championships: 3 +1 more

4 metrics

Lower carbon intensity 54% lower than California average Carbon intensity of CRC crude used for jet-fuel certificates

Methane intensity threshold less than 0.05% MiQ Grade A rating for low-carbon natural gas certificates

World Championships 3 Los Angeles Rams historical championships cited in background

Acreage 298 acres Size of Hollywood Park sports and entertainment destination

Market Reality Check

Price: $55.48 Vol: Volume 751,500 is below t...

normal vol

$55.48 Last Close

Volume Volume 751,500 is below the 20-day average of 959,107 shares, indicating muted trading interest pre-announcement. normal

Technical Shares at $44.78 are trading below the 200-day MA of $46.12, reflecting a weaker intermediate trend before this news.

Peers on Argus

CRC was down 3.49% pre-news. Several peers were also lower (e.g., CRK -3.2%, VIS...

CRC was down 3.49% pre-news. Several peers were also lower (e.g., CRK -3.2%, VIST -4.42%, CHRD -1.42%, MGY -0.89%), while CNX rose 1.74%, pointing to mixed, stock-specific drivers rather than a unified sector move.

Historical Context

5 past events · Latest: Dec 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 18	Berry merger close	Positive	-3.0%	Closed all-stock combination with Berry, adding long-lived San Joaquin assets.
Dec 16	Decarbonized power MOU	Positive	-4.6%	MOU with Middle River Power to evaluate CCS for two California plants.
Dec 15	Conference participation	Neutral	-3.2%	Announced participation in January 2026 energy and infrastructure conferences.
Nov 20	Community donation	Positive	-3.0%	Announced <b>$200,000</b> donation to support food security across California.
Nov 18	MiQ certification	Positive	+0.4%	Received MiQ ‘Grade A’ certification for Ventura Basin production assets.

Pattern Detected

Recent positive strategic and ESG-oriented news for CRC has often coincided with short-term share price declines, suggesting a pattern of negative price reactions to ostensibly constructive announcements.

Recent Company History

Over the past several months, CRC has reported multiple developments, including closing its all-stock combination with Berry Corporation on Dec 18, 2025 and a decarbonized power MOU on Dec 16, 2025. It also expanded investor outreach via January 2026 conferences, donated $200,000 to food security efforts on Nov 20, 2025, and achieved MiQ ‘Grade A’ certification for Ventura Basin assets on Nov 18, 2025. Despite these constructive updates, most saw short-term share price declines, similar to the pre-news weakness seen with the Rams carbon initiative.

Market Pulse Summary

This announcement highlights CRC’s expansion of its carbon management platform through the “Football...

Analysis

This announcement highlights CRC’s expansion of its carbon management platform through the “Football Without the Footprint” partnership with the Los Angeles Rams, using MiQ-certified low-carbon energy and high-integrity carbon credits. It builds on prior MiQ ‘Grade A’ certifications and decarbonization initiatives, reinforcing CRC’s energy-transition positioning. Investors may watch for future disclosures on scale, revenue contribution, and regulatory progress in CCS projects, alongside integration of the Berry combination and broader operational performance.

Key Terms

carbon offsets, carbon credits, methane intensity, ccs

4 terms

carbon offsets technical

"High-integrity carbon offsets: CRC delivered carbon credits from its industrial emissions avoidance project"

Carbon offsets are measurable credits a company buys to account for greenhouse gas emissions it can’t avoid, created by projects that cut or remove pollution elsewhere, such as planting trees or funding renewable energy. Investors care because offsets affect a company’s climate footprint, regulatory exposure and public trust; they are like balancing entries in a pollution ledger—useful for meeting goals but only as reliable as the projects behind them.

carbon credits financial

"CRC delivered carbon credits from its industrial emissions avoidance project in Huntington Beach"

Carbon credits are tradable permits that represent the right to emit a specific amount of greenhouse gases, or the removal of that amount from the atmosphere; think of them like coupons companies buy or sell to balance their pollution. They matter to investors because they create costs or potential revenue streams, affect a company's regulatory compliance and reputation, and form a marketable asset whose price can influence profitability and valuation.

methane intensity technical

"achieving MiQ’s most stringent Grade A rating for methane intensity (less than 0.05%)"

Methane intensity measures how much methane a business or process releases for each unit of output—such as per unit of fuel produced, per unit of electricity generated, or per unit of product sold. Investors care because higher methane intensity is like a leaky faucet wasting a valuable asset: it raises regulatory, cleanup and carbon-cost risks, can harm reputation, and signals inefficiency that may reduce long‑term profitability and valuation.

ccs technical

"by developing CCS and other emissions-reducing projects"

Carbon capture and storage (CCS) is a set of technologies that trap carbon dioxide produced by power plants, factories or industrial processes, then transport and store it deep underground or turn it into usable products. Think of it like catching smoke from a chimney and burying or repurposing it so it doesn't warm the atmosphere. Investors watch CCS because it can lower regulatory and carbon costs, create new revenue from credits or products, and influence the long-term value of energy and industrial companies.

AI-generated analysis. Not financial advice.

First year of CRC’s “Football Without the Footprint” delivers measurable emissions reduction and local community impact

LONG BEACH, Calif., Jan. 08, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) 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 been independently certified to reduce carbon emissions and generate high-integrity environmental products. In 2025, CRC analyzed the Rams’ energy use and travel-related emissions to develop a portfolio of high-integrity environmental products, which were retired on the Rams’ behalf to represent verified emissions reductions and to help offset the team’s carbon footprint. This partnership marks the Rams as the first NFL team in California to purchase locally sourced credits.

Key accomplishments from year one include:

• Reducing emissions from team travel: CRC delivered MiQ-certified low-carbon crude oil certificates from its local production equal to the jet fuel consumed by the Rams for away-game travel. As the carbon intensity of this production is 54% lower than the California average, the certificates represent a reduction of upstream emissions from jet fuel.
• Sustainable operations at home: CRC delivered MiQ-certified low-carbon natural gas certificates from its local production equal to the team’s facility consumption, achieving MiQ’s most stringent Grade A rating for methane intensity (less than 0.05%).
• High-integrity carbon offsets: CRC delivered carbon credits from its industrial emissions avoidance project in Huntington Beach, which voluntarily and permanently prevents oil and gas production. These credits were evaluated by BeZero Carbon, an independent carbon credit ratings agency, and received an ex ante rating of “A.pre” with very low project execution risk, demonstrating high integrity.
• Supporting local ecosystems: CRC sourced credits from a forestry project benefiting the Colorado River Basin, which supplies more than a third of Southern California’s drinking water.

Beyond emissions reductions, “Football Without the Footprint” engages fans and local communities to raise awareness of carbon management while advancing a sustainable energy future, one that aims to provide responsibly produced local energy, and deliver meaningful benefits to California communities.

“The Rams are a fantastic partner, committed to supporting local, low-carbon solutions that directly benefit our shared community,” said Francisco Leon, CRC President and CEO. “This first year demonstrates that professional sports can lead the way in decarbonization while driving positive environmental and social impact.”

“We are thrilled with the progress we’ve seen during the first year of this initiative,” said Jason Griffiths, Senior Vice President, Partnerships, Los Angeles Rams. “Working with CRC, we are implementing innovative carbon management solutions that align the team’s operations with the priorities of our communities and fans.”

About California Resources Corporation

California Resources Corporation (CRC) is an independent energy and carbon management company committed to energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions-reducing projects. For more information, please visit crc.com.

About Carbon TerraVault

Carbon TerraVault (CTV), CRC’s carbon management business, is developing services to capture, transport and permanently store CO₂ for its customers. CTV is engaged in a series of proposed CCS projects to inject CO₂ captured from industrial sources into depleted reservoirs deep underground for permanent sequestration. For more information, visit carbonterravault.com.

About Los Angeles Rams

The Los Angeles Rams – Los Angeles' original professional sports team – stand as one of the oldest franchises in the National Football League and since their founding in 1937, have garnered three World Championships and sent 30 of their members to the Pro Football Hall of Fame. As a professional sports team, the organization is committed to being a valuable civic partner and serving the greater Los Angeles area 365 days a year. The Rams play their home games at SoFi Stadium, which is located at Hollywood Park, a 298-acre sports and entertainment destination being developed by Los Angeles Rams Owner/Chairman E. Stanley Kroenke in Inglewood, CA. For more information, visit www.therams.com and follow the Rams' social media channels.

Media Contact:

Hailey Bonus
CRC Media
714-874-7732
Hailey.Bonus@crc.com

Joanna Park
CRC Investor Relations
818-661-3731
Joanna.Park@crc.com

Priya Bhambri
Los Angeles Rams
Pbhambri@rams.nfl.com

FAQ

What did CRC and the Los Angeles Rams achieve in the first year of the "Football Without the Footprint" program (NYSE: CRC)?

They retired locally sourced environmental products to offset the Rams' 2025 travel and facility emissions, including MiQ-certified low-carbon crude and natural gas and BeZero-rated carbon credits.

How much lower was the carbon intensity of CRC's low-carbon crude used by the Rams (CRC)?

CRC delivered low-carbon crude with an upstream carbon intensity reported as 54% lower than the California average.

What methane performance did CRC's natural gas achieve for the Rams' facility (CRC)?

The natural gas certificates achieved MiQ Grade A, reporting methane intensity below 0.05%.

What independent rating did the Rams' industrial emissions-avoidance credits receive from BeZero (CRC)?

BeZero Carbon provided an ex ante rating of A.pre, indicating very low project execution risk per the announcement.

Where were the forestry credits sourced that supported the Rams' offsets (CRC)?

Forestry credits were sourced from a project benefiting the Colorado River Basin, which supplies over one-third of Southern California's drinking water.