Sourcerock Group LLC discloses 5.13% stake in California Resources (CRC)

Rhea-AI Filing Summary

California Resources Corp beneficial ownership disclosure by Sourcerock Group LLC shows the firm holds 4,545,993 shares of common stock, representing 5.13% of the class as reported. The filing lists sole voting and dispositive power over the same 4,545,993 shares. The statement is signed by Andrew Haley as Chief Compliance Officer.

Insights

Institutional Ownership Analyst

Sourcerock Group LLC reports a >5% passive stake in CRC.

The filing states 4,545,993 shares owned, equal to 5.13% of the class. This meets the common threshold that triggers public disclosure of beneficial ownership position.

Holding size is material for passive‑ownership monitoring; subsequent filings would show any change from this position.

Compliance Counsel

Disclosure follows Schedule 13G format with compliance signature.

The form lists sole voting and dispositive power and includes a signed authorization by Andrew Haley as Chief Compliance Officer. The exhibit note references a Power of Attorney (Exhibit 24).

This is a routine regulatory disclosure; any shifts in percent ownership would require amended filings per applicable rules.

Key Figures

Shares beneficially owned: 4,545,993 shares Percent of class: 5.13% CUSIP: 13057Q305 +1 more

4 metrics

Shares beneficially owned 4,545,993 shares Amount reported by Sourcerock Group LLC

Percent of class 5.13% Percent of CRC common stock represented by the reported shares

CUSIP 13057Q305 Identifier for CRC common stock

Signature date 05/15/2026 Date the filing was signed by Andrew Haley

Key Terms

Schedule 13G, beneficially owned, sole dispositive power

3 terms

Schedule 13G regulatory

"Name of form type: SCHEDULE 13G"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficially owned financial

"Amount beneficially owned: 4545993"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 4545993"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

California Resources Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

13057Q305

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 13057Q305

1

Names of Reporting Persons

Sourcerock Group LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,545,993.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,545,993.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,545,993.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: California Resources Corp
(b)	Address of issuer's principal executive offices: 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH, CALIFORNIA, 90831.
Item 2.
(a)	Name of person filing: Sourcerock Group LLC
(b)	Address or principal business office or, if none, residence: 210 University Blvd. Suite 330 Denver, CO 80206
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 13057Q305
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4545993
(b)	Percent of class: 5.13 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4545993
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4545993
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Sourcerock Group LLC

Signature:	Andrew Haley
Name/Title:	Chief Compliance Officer
Date:	05/15/2026

Exhibit Information

Power of Attorney is attached as Exhibit 24 to this Schedule 13G, authorizing Andrew Haley to sign on behalf of Sourcerock Group LLC.

FAQ

What stake does Sourcerock Group LLC report in CRC?

Sourcerock Group LLC reports ownership of 4,545,993 shares, equal to 5.13% of CRC common stock. The filing states sole voting and dispositive power over those shares and is signed by the firm's Chief Compliance Officer.

Does the Schedule 13G indicate control over CRC?

The filing shows sole voting and dispositive power for 4,545,993 shares, but it is a beneficial‑ownership disclosure. It does not state any management role or control beyond those listed voting/dispositive powers.

Who signed the disclosure for Sourcerock Group LLC?

The filing is signed by Andrew Haley, listed as Chief Compliance Officer, dated 05/15/2026, and references a Power of Attorney attached as Exhibit 24 authorizing the signature.

What identifying details are included for CRC shares?

The filing identifies the security as Common Stock with CUSIP 13057Q305 and lists the issuer's principal office at 1 World Trade Center, Suite 1500, Long Beach, CA.