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.
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.
California Resources Corp (CRC) reported an insider purchase by President & CEO and Director Francisco Leon. On 11/12/2025, he bought 5,425 shares of common stock at a weighted average price of $47.708, with individual trades priced between $47.64 and $47.72. Following the transaction, Leon beneficially owns 304,834 shares, held directly. The price reflects multiple executions consolidated into a single average, as noted in the filing.
California Resources Corporation (CRC) announced a key regulatory milestone for its pending Berry Merger. The Hart-Scott-Rodino waiting period expired at 11:59 p.m. Eastern Time on November 10, 2025 for the combination under which Berry Corporation (bry) would become a direct, wholly owned subsidiary of CRC.
Closing still depends on other customary conditions, including Berry shareholder approval of the merger and prior authorization by the Federal Energy Regulatory Commission under Section 203 of the Federal Power Act. CRC’s Form S-4 registration statement became effective on November 3, 2025, and the definitive proxy statement/prospectus has been sent to Berry stockholders.
California Resources (CRC) reported an insider equity award. The company’s EVP, Chief Strategy Officer & General Counsel received 47,649 shares reported as a grant on November 4, 2025 at $0 per share, bringing beneficial ownership to 116,727 shares, held directly.
The grant represents restricted stock units (RSUs), each equal to one share. Vesting is scheduled as follows: 10% on November 4 of 2026, 2027, and 2028; 30% on November 4, 2029; and 40% on November 4, 2030.
California Resources Corp (CRC) reported an insider equity grant. President and CEO Francisco Leon acquired 84,710 shares of Common Stock on 11/04/2025 via a grant of restricted stock units (RSUs) at $0 per unit. Each RSU represents a contingent right to receive one share.
Following this grant, Leon beneficially owned 299,409 shares, held directly. The RSUs vest over time: 10% on each of November 4, 2026, November 4, 2027, and November 4, 2028; 30% on November 4, 2029; and 40% on November 4, 2030.
California Resources Corp (CRC) reported a Form 4 for EVP & Chief Operating Officer Omar Hayat. On 11/04/2025, he received 42,355 restricted stock units (RSUs) at a price of $0, each RSU representing the right to receive one share of common stock.
The RSUs vest as follows: 10% on November 4, 2026, 10% on November 4, 2027, 10% on November 4, 2028, 30% on November 4, 2029, and 40% on November 4, 2030. Following this grant, Hayat beneficially owned 95,038 shares, held directly.
California Resources (CRC) reported a Form 4 for insider Christopher D. Gould, EVP & Chief Sustainability Officer. On November 4, 2025, he acquired 26,472 restricted stock units (RSUs) at $0 as an equity grant. The RSUs vest 10% on each of November 4, 2026, 2027 and 2028, then 30% on November 4, 2029 and 40% on November 4, 2030. Following the reported transaction, beneficial ownership of common stock was 140,567 shares, held directly.
California Resources Corp (CRC) reported an insider equity award: EVP and CFO Clio C. Crespy received a grant of 42,355 restricted stock units (RSUs) on November 4, 2025. Each RSU represents the right to receive one share of common stock.
The RSUs vest 10% on each of November 4, 2026, November 4, 2027, and November 4, 2028; 30% on November 4, 2029; and 40% on November 4, 2030. The award was recorded at $0 per unit as a grant. Following the transaction, Crespy beneficially owned 89,376 shares, held directly.
California Resources Corp (CRC) executive Jay A. Bys, EVP & Chief Commercial Officer, reported an equity award. On November 4, 2025, he acquired 26,472 shares of common stock at $0 via a grant of restricted stock units (RSUs).
The RSUs vest as follows: 10% on each of November 4, 2026, 2027, and 2028; 30% on November 4, 2029; and 40% on November 4, 2030. After this grant, Bys beneficially owned 168,635 shares, held directly.
California Resources Corporation reported Q3 2025 results. Total operating revenues were $855 million versus $1,353 million a year ago, with net income of $64 million compared to $345 million. Diluted EPS was $0.76 versus $3.78.
Operating income was $98 million and operating cash flow reached $279 million. Cash and cash equivalents were $196 million at quarter end. The Revolving Credit Facility had $176 million of letters of credit outstanding and $974 million of availability; the $1.5 billion borrowing base was reaffirmed in October 2025.
The company repurchased 7,787,969 shares year-to-date for $354 million and paid a quarterly dividend of $0.3875 per share. Shares outstanding were 83,711,931 as of September 30, 2025.
CRC announced a pending all‑stock merger with Berry Corporation at an exchange ratio of 0.0718 CRC shares per Berry share, subject to stockholder and regulatory approvals. The company continues to manage commodity exposure with Brent-linked options and swaps and natural gas hedges.
California Resources Corporation furnished an update on its financial condition and results of operations for the three and nine months ended September 30, 2025. The company shared these details via a press release attached as Exhibit 99.1 to this report.
The information in Item 2.02 and Exhibit 99.1 is being furnished, not filed, under the Exchange Act. The filing also includes forward‑looking statements regarding a proposed transaction involving CRC and Berry Corporation (bry), with plans to file a Form S‑4 containing a proxy statement/prospectus. It emphasizes that this communication is not an offer or solicitation to sell securities and outlines where investors can access future SEC documents related to the transaction.
California Resources Corporation furnished an update on its financial condition and results of operations for the three and nine months ended September 30, 2025. The company shared these details via a press release attached as Exhibit 99.1 to this report.
The information in Item 2.02 and Exhibit 99.1 is being furnished, not filed, under the Exchange Act. The filing also includes forward‑looking statements regarding a proposed transaction involving CRC and Berry Corporation (bry), with plans to file a Form S‑4 containing a proxy statement/prospectus. It emphasizes that this communication is not an offer or solicitation to sell securities and outlines where investors can access future SEC documents related to the transaction.