California Resources Corp.

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About

California Resources Corp. is the largest oil and natural gas exploration and production company in California on a gross-operated basis. The company operates its world-class resource base exclusively within the State of California, applying complementary and integrated infrastructure to gather, process and market its production. Using advanced technology, California Resources Corp. focuses on safely and responsibly supplying affordable energy for California by Californians.

Editor's note: Updated July 23, 2019.

Symbol(s)
NYSE: CRC
Headquarters Address

9200 Oakdale Avenue, 9th Floor
Los Angeles, CA 91311
United States

Main Phone Number
Social

News

California Resources expects the appointment of Chris Gould, previously the head of sustainability at Exelon, will help the E&P…

As California Resources is tracking to the high end of 2021 free cash flow guidance, the company will look for additional ways to…

The appointment of Tiffany “TJ” Thom Cepak as board chairman replaces Mark A. “Mac” McFarland, who was named as permanent president…

Mark McFarland was appointed interim CEO in December, following the departure of Todd Stevens.

California Resources eliminated leadership positions in the areas of public affairs, exploration and development, investor relations…

New Financings

Report Date Type Amount (MM) Description
2021-01-14 California Resources Corp. Debt $600.00

Priced private offering of 2026 senior unsecured notes previously announced Jan. 13 at par. Proceeds will…

Report Date Type Amount (MM) Description
2020-02-20 California Resources Corp. Debt

California Resources Corp., announced the commencement of private offers to exchange, upon the terms and…

Report Date Type Amount (MM) Description
2018-02-07 California Resources Corp. Equity $50.00

Purchased approximately 2.34 million shares of common stock for an aggregate purchase price of $50…

Report Date Type Amount (MM) Description
2017-11-17 California Resources Corp. Debt $1,300.00

California Resources Corp. has closed a $1.3 billion first lien secured term loan facility. The 2017 term…

Report Date Type Amount (MM) Description
2016-08-05 California Resources Corp. Debt $1,000.00

Priced a proposed new first-lien secured credit facility that would allow it to reduce outstanding…

Transactions

Report Date Amount (MM) Description
2019-07-23 $500.00

California Resources Lands $500 Million JV To Develop Historic Field

California Resources Lands $500 Million JV To Develop Historic Field

Report Date Amount (MM) Description
2019-05-02 $235.00

California Resources Divests Interest In San Joaquin Basin Field For Over $200 Million

California Resources Divests Interest In San Joaquin Basin Field For Over $200 Million

Report Date Amount (MM) Description
2018-10-22

Royale Energy, California Resources Expand JV In Historic Gas Field

Royale Energy, California Resources Expand JV In Historic Gas Field

Report Date Amount (MM) Description
2018-04-09 $513.30

California Resources Acquires Remaining Elk Hills Interest From Chevron

California Resources Acquires Remaining Elk Hills Interest From Chevron

Report Date Amount (MM) Description
2018-02-07

California Resources Forms New Joint Venture

California Resources Forms New Joint Venture