reports
California Resources Corporation Closes Combination with Berry Corpora...
California Resources Corporation Closes Combination with Berry Corporation LONG BEACH, Calif., Dec. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (“CRC”) today closed its all-stock combination with Berry Corporation (bry) (NASDAQ: BRY) (“Berry”). The transaction enhances CRC’s premier California portfolio of long-lived, low-decline conventional assets with significant development upside and adds strategic optionality in the Uinta basin. “CRC is entering 2026 stronger than ever, ready to build on our operational momentum and deliver meaningful synergies for our...
California Resources Corporation and Middle River Power to Advance Dec...
California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California New MOU Marks Strategic Alliance Between CRC and a Key California Power Producer with Proximity to Silicon Valley LONG BEACH, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Middle River Power, LLC (MRP), an independent power producer and asset management company, to provide carbon transportation and sequestration services...
California Resources Corporation Announces January Investor Conference...
California Resources Corporation Announces January Investor Conference Participation LONG BEACH, Calif., Dec. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) announced today that the Company’s executives will be participating in the following events in January 2026: Goldman Sachs Energy, CleanTech & Utilities Conference 2026 on January 6 in Aventura, FLUBS Winter Infrastructure & Energy Conference on January 13 to 14 in Deer Valley, UT CRC’s presentation materials will be available the day of the event on the Earnings and Presentations page in the Investor Rela...
California Resources Corporation Supports Food Security Efforts Across...
California Resources Corporation Supports Food Security Efforts Across California with $200,000 Donation LONG BEACH, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced it is donating $200,000 to support community food security efforts across the state. The contributions will be distributed to local food banks and community organizations to help address ongoing and immediate food security challenges. “Supporting the communities where we live and work is integral to who we are as a company,” said Francisco Leon, CRC’s President and Chief ...
California Resources Corporation Achieves MiQ ‘Grade A’ Certification ...
California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets Independent certification reinforces CRC’s leadership in emissions transparency and commitment to California’s climate goals VENTURA, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) received a ‘Grade A’ certification through MiQ’s Methane Emissions Performance Standard for its production segment operating assets in Ventura County. CRC earned a ‘Grade A’ certification in 2024 for its Los Angeles Basin assets and remains the only oil and natural gas pro...
California Resources Corporation Reports Third Quarter 2025 Financial ...
California Resources Corporation Reports Third Quarter 2025 Financial and Operating Results Raised Quarterly Dividend by 5% Early Redemption of All Remaining 2026 Senior Notes LONG BEACH, Calif, Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (CRC) today reported financial and operating results for the third quarter of 2025. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 5, 2025. Conference call details can be found within this release. Third Quarter Highlights Reported net income of $64 million, ...
California Resources Corporation and Capital Power to Explore Decarbon...
California Resources Corporation and Capital Power to Explore Decarbonized Power Solutions in California CRC’s Carbon TerraVault and Capital Power Sign MOU to Explore Transportation and Sequestration of up to 3 Million Metric Tons of CO2 Emissions Per Year New MOU Demonstrates Rising Interest in Carbon TerraVault’s Power-to-CCS Solution LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Capital Power (TSX: CPX) to provide...
California Resources Corporation Breaks Ground on California’s First C...
California Resources Corporation Breaks Ground on California’s First Carbon Capture and Storage Project Groundbreaking for Carbon TerraVault I Marks Major Milestone in California’s Clean Energy Future KERN COUNTY, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today hosted a groundbreaking ceremony for Carbon TerraVault I (CTV I), the Golden State's , developed to reduce emissions and support the state’s path to carbon neutrality by 2045. CRC President and CEO Francisco Leon and CTV Holdings Managing Director Chris Gould were joined by a diverse ...
California Resources Corporation Schedules Third Quarter 2025 Earnings...
California Resources Corporation Schedules Third Quarter 2025 Earnings Conference Call LONG BEACH, Calif., Oct. 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its third quarter 2025 financial results on Tuesday, November 4th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, November 5th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: . Callers who pre-register will be given a conference pass...
California Resources Corporation Announces Redemption of 7.125% Senior...
California Resources Corporation Announces Redemption of 7.125% Senior Notes Due 2026 LONG BEACH, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) today announced that it has issued a notice of redemption (the “Notice”) with respect to its 7.125% Senior Notes due 2026 (the “2026 Notes”). On October 10, 2025 (the “Redemption Date”), the Company will redeem all of the 2026 Notes outstanding in accordance with the terms set forth in the indenture governing the 2026 Notes. The 2026 Notes will be redeemed at a redemption price of 100.000%...
Moody's Ratings assigns B1 rating to California Resources' proposed se...
Moody's Ratings (Moody's) assigned a B1 rating to California Resources Corporation's (CRC) proposed new senior unsecured notes. The rating outlook is stable. CRC's existing ratings, including its Ba3 Corporation Family Rating (CFR), are unchanged. "CRC will use the proceeds to refinance the secure...
California Resources Corporation Announces Pricing of Private Offering...
California Resources Corporation Announces Pricing of Private Offering of $400 Million of Senior Unsecured Notes LONG BEACH, Calif., Sept. 24, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $400 million in aggregate principal amount of its 7.000% senior unsecured notes due 2034 (the “Notes”) at par. The Notes will be guaranteed by all of the Company’s existing subsidiaries (and certain future subsidiaries) that guarantee its revolving credit facility, its 7.125% senior unsecured notes due 2026 an...
Moody's Ratings assigns B1 rating to California Resources' proposed se...
Moody's Ratings (Moody's) assigned a B1 rating to California Resources Corporation's (CRC) proposed new senior unsecured notes. The rating outlook is stable. CRC's existing ratings, including its Ba3 Corporation Family Rating (CFR), are unchanged. "CRC will use the proceeds to refinance the secure...
California Resources Corporation Announces Private Offering of $400 Mi...
California Resources Corporation Announces Private Offering of $400 Million of Senior Unsecured Notes LONG BEACH, Calif., Sept. 24, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $400 million in aggregate principal amount of senior unsecured notes due 2034 (the “Notes”). The Notes will be guaranteed by all of the Company’s existing subsidiaries (and certain future subsidiaries) that guarantee its revolving credit facility, its 7.125% seni...
Moody's Ratings upgrades California Resources' CFR to Ba3; stable outl...
Moody's Ratings (Moody's) upgraded California Resources Corporation's (CRC) Corporate Family Rating (CFR) to Ba3 from B1, its Probability of Default Rating (PDR) to Ba3-PD from B1-PD, and its senior unsecured notes rating to B1 from B2. The company's Speculative Grade Liquidity Rating (SGL) is maint...
Leading California Energy into the Future: California Resources Corpor...
Leading California Energy into the Future: California Resources Corporation Releases 2024 Sustainability Report LONG BEACH, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the publication of its and . These disclosures provide an overview of CRC’s continuous progress on its sustainability efforts and performance as the company advances its commitment to serve as a steward of California’s natural resources and leader in local energy production. “CRC entered an exciting new chapter in 2024 as the largest oil and gas producer in Calif...
Moody's Ratings says California Resources' acquisition of Berry is cre...
Moody's Ratings (Moody's) said that California Resources Corporation (CRC) agreement to acquire Berry Corporation (Berry) for $717 million was credit positive. The all-equity transaction, which is expected to close in the first quarter of 2026, will deepen CRC's foothold in California's liquids-rich...
California Resources Corporation Announces All-Stock Combination with ...
California Resources Corporation Announces All-Stock Combination with Berry Corporation Highly Accretive Transaction Across Key Financial Metrics Enhances CRC’s Portfolio Combination to Create a Stronger, More Efficient Leader in California Energy LONG BEACH, Calif. and DALLAS, Sept. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (“CRC”) and Berry Corporation (NASDAQ: BRY) (“Berry”) jointly announced today their entry into a definitive agreement to combine in an all-stock transaction valuing Berry at approximately $717 million, inclusive of Berry’s net deb...
California Resources Corporation Reports Second Quarter 2025 Financial...
California Resources Corporation Reports Second Quarter 2025 Financial and Operating Results Company Raises 2025E Production and Adjusted EBITDAX Guidance, Reduces Drilling, Completions and Workover Capital Program Returned Quarterly Record of $287 Million to Shareholders LONG BEACH, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) reported financial and operating results for the second quarter of 2025. The Company is hosting a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, August 6, 2025. Conference call details can be found wi...
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