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 reports news on its oil and natural gas operations, capital spending, production activity, and drilling programs across California and Utah. Company updates commonly cover financial results, operating guidance, shareholder returns, drilling permits, integration of the completed Berry Corporation combination, and debt or capital-structure actions.
CRC also reports developments in carbon management through Carbon TerraVault, including carbon capture, transportation and permanent storage services, environmental products, and emissions-reduction initiatives. Other recurring news themes include methane certification for San Joaquin Valley assets, customer or community decarbonization partnerships, and governance or shareholder voting matters.
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.
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.