Welcome to our dedicated page for California Res SEC filings (Ticker: CRC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings of California Resources Corporation (CRC) provide detailed, legally mandated information about the company’s operations, financial condition, capital structure and significant corporate events. CRC is a Delaware corporation whose common stock is listed on the New York Stock Exchange under the symbol CRC, and its filings are made available through the U.S. Securities and Exchange Commission’s EDGAR system.
Among the key documents for CRC are its current reports on Form 8-K, which disclose material events. Recent 8-K filings describe an all-stock combination in which a CRC subsidiary merged with Berry Corporation, resulting in Berry becoming a direct, wholly owned subsidiary of CRC. These filings outline the merger agreement, the exchange ratio for Berry shares, the treatment of Berry equity awards and related matters such as the registration of CRC shares on Form S-4.
Other 8-K filings detail amendments to CRC’s amended and restated credit agreement, including the addition of lenders and increases to the aggregate elected commitment amount, as well as private offerings of senior notes and the terms of those notes. These documents explain how CRC structures its revolving credit facility and long-term debt and how certain transactions relate to the Berry combination.
CRC’s filings also include current reports announcing quarterly financial results, where the company furnishes press releases summarizing its operating performance and financial condition for specified periods. Additional 8-Ks provide updates on regulatory milestones, such as the expiration of waiting periods under the Hart-Scott-Rodino Antitrust Improvements Act for the Berry transaction and references to required approvals under the Federal Power Act.
On Stock Titan’s SEC filings page for CRC, users can access these documents as they are filed and use AI-powered tools to summarize complex sections. This can help readers understand topics such as merger mechanics, credit agreement amendments, note offerings, and other regulatory disclosures without having to parse every technical detail in the original filings.
Fidelity Brokerage Services LLC submitted a Form 144 notice listing proposed sales of common stock tied to recent restricted stock vesting events. The filing lists individual vesting amounts and dates, including 583 shares vesting 02/22/2025, 4,746 shares vesting 02/23/2025, 515 shares vesting 02/22/2026, 2,068 shares vesting 02/23/2026, and 652 shares vesting 02/25/2026
California Resources Corp reported that Senior VP and Controller Noelle M. Repetti acquired 3,638 shares of common stock through a grant of restricted stock units. The award was made at no cash cost per share and increased her directly held stake to 16,248 shares following the transaction.
The footnote explains that each restricted stock unit represents one share of common stock and will vest in three equal annual installments on March 2 of 2027, 2028, and 2029. This structure ties the full benefit of the grant to her continued service over the next several years.
Preston Michael L. reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp executive Michael L. Preston, EVP and Chief Strategy Officer & General Counsel, received an equity award linked to company performance. He was granted 19,166 restricted stock units (RSUs), each representing one share of common stock. These RSUs vest in three equal annual installments on March 2 of 2027, 2028, and 2029, encouraging long-term alignment with shareholders. Following this grant, he directly holds 130,623 shares of common stock, including the awarded units.
Leon Francisco reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp President and CEO Leon Francisco received an equity award of 43,833 shares in the form of restricted stock units. Each unit represents one share of common stock and will vest in three equal installments on March 2 of 2027, 2028 and 2029. Following this grant, he holds 336,948 shares of common stock directly.
Hayat Omar reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp executive Omar Hayat, EVP & Chief Operating Officer, received an equity award in the form of 16,327 shares of Common Stock on March 2, 2026, reported at a price of $0.0000 per share.
According to the footnote, this represents a grant of restricted stock units (RSUs), each convertible into one share of Common Stock, vesting in three equal annual installments on March 2, 2027, 2028, and 2029. Following this grant, Hayat directly holds 105,236 shares of Common Stock.
Gould Christopher D. reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp executive Christopher D. Gould, EVP & Chief Sustainability Officer, received an equity award of 17,462 shares of Common Stock in the form of restricted stock units. These RSUs vest in three equal annual installments on March 2 of 2027, 2028, and 2029. Following this grant, he directly holds 155,884 shares of Common Stock.
California Resources Corp reported that EVP and CFO Clio C. Crespy acquired 17,462 shares through a grant of restricted stock units (RSUs) at no cash cost. Each RSU represents one share of common stock and will vest in three equal annual installments on March 2 of 2027, 2028 and 2029.
Following this award, Crespy now directly holds 98,501 shares of California Resources common stock. The grant ties a portion of the CFO’s compensation to the company’s future share performance over the next several years.
Bys Jay A. reported acquisition or exercise transactions in this Form 4 filing.
California Resources Corp reported that EVP & Chief Commercial Officer Jay A. Bys received an award of 15,957 shares of Common Stock in the form of restricted stock units. The RSUs vest in three equal annual installments on March 2 of 2027, 2028 and 2029. Following this grant, his directly owned Common Stock holdings total 183,238 shares.
California Resources Corporation outlines a transformed 2025, driven by the all-stock Berry merger and growth in both oil and gas and carbon management. The deal added 56 MMBoe of proved developed reserves and 93 MMBoe of total proved reserves, plus C&J Well Services and Utah acreage.
The company ended 2025 with 654 MMBoe of proved reserves and average production of 138 MBoe/d, generating $363 million of net income and $865 million of operating cash. Liquidity was $1,401 million against $1,300 million of long-term debt, and PV‑10 was $8,717 million.
CRC emphasizes cost synergies of $80–$90 million annually from the Berry integration, disciplined capital spending, and a growing CCS platform via its Carbon TerraVault JV. It has also adopted a “Responsible Net Zero” goal targeting at least an 80% cut in Scope 1 and 2 emissions by 2045.
California Resources Corporation reported strong fourth quarter and full-year 2025 results and issued 2026 guidance. For 2025, total operating revenues were $3,669 million versus $3,198 million in 2024, with net income of $363 million and adjusted net income of $359 million. Adjusted EBITDAX reached $1,241 million, and free cash flow was $543 million, the highest since 2021.
Average 2025 net production rose 25% year over year to 138 MBoe/d, while proved reserves increased to 654 MMBoe and proved undeveloped reserves grew 190%. The company returned $513 million to shareholders through $377 million of share repurchases and $136 million of dividends, and raised its annual dividend by 5% to $1.62 per share.
For 2026, California Resources targets about 12% production growth to 152–157 MBoe/d (81% oil), capital investments of $430–$470 million, and adjusted EBITDAX of $970–$1,070 million. Management also expects $80–$90 million of Berry merger synergies and plans first CO₂ injection at its Elk Hills CCS project in spring 2026, subject to commissioning and regulatory approval.