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

Los Angeles-based investment firm Colony Capital has agreed to fund the development of California Resources’s flagship Elk Hills Field…

Royalty owners mock reserve replacement ‘hamster wheel;’ alternative investments float to the top as producers struggle toward free…

New Financings

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…

Report Date Type Amount (MM) Description
2015-11-12 California Resources Corp. - 2015-11-12 Buyback $1,000.00

Opened private exchange offers for $1 billion of its outstanding 5.0% senior notes due 2020, 5.5% notes…

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