California Resources CORP

Market Movers (8-K)

NYSE
California Resources Corporation provided preliminary, unaudited realized price data and commodity derivative activity for the three months ended June 30, 2026.
NYSE
California Resources Corporation has completed a $550 million private offering of 7.250% senior unsecured notes due 2035 to refinance existing debt.
Capital raise
NYSE
California Resources Corporation has priced a $550 million private offering of 7.250% senior unsecured notes due 2035 to refinance existing debt.
Capital raise
NYSE
California Resources Corporation announced a private offering of $550 million in senior unsecured notes due 2035 to fund the redemption of its outstanding 2029 notes.
Capital raise
NYSE
California Resources Corporation reported Q1 2026 results, announcing a 42% increase in 2026 Adjusted EBITDAX guidance and plans to accelerate second-half drilling activity.
Better than expected
Capital raise
NYSE
California Resources Corporation entered into a Ninth Amendment to its credit agreement to reduce borrowing costs.

Quarterly Earnings (10-Q)

NYSE
California Resources Corporation reported a net loss for Q1 2026, significantly impacted by the Berry Merger, with revenues increasing but derivative losses widening.
Worse than expected
NYSE
California Resources Corporation reports mixed Q3 2025 results with lower net income but increased 9-month operating cash flow, driven by the Aera merger and strategic moves including the pending Berry Corporation acquisition and new California energy legislation.
Delay expected
Worse than expected
Capital raise
NYSE
California Resources Corporation announced significantly improved financial results for Q2 2025, driven by the Aera Energy LLC merger, increased production, and favorable derivative gains, alongside continued shareholder returns.
Better than expected
NYSE
California Resources Corporation (CRC) announces its Q1 2025 financial results, highlighting the positive impact of the Aera Energy LLC merger on revenue and production.
Better than expected
Delay expected
NYSE
California Resources Corporation (CRC) reported a net income of $345 million for the third quarter of 2024, boosted by the recent acquisition of Aera Energy, LLC.
Better than expected
NYSE
California Resources Corporation's Q2 2024 results show a net loss of $2 million, impacted by lower natural gas prices and increased expenses, while also completing the Aera Energy merger.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

NYSE
California Resources Corporation's 2024 results reflect the Aera Energy merger, with net income of $376 million and strategic focus on integration and carbon management.
Delay expected
Worse than expected
NYSE
California Resources Corporation (CRC) reported its full-year 2023 financial results and announced a merger with Aera Energy, LLC, in an all-stock transaction.
Delay expected
Worse than expected

Insider Trading (Form 4)

NYSE
Jay A. Bys, EVP & Chief Commercial Officer of California Resources Corp, sold 11,907 shares of common stock on July 13, 2026 for $54.00 per share.
NYSE
EVP & Chief Commercial Officer Jay A. Bys sold 11,907 shares of California Resources Corp common stock via a 10b5-1 plan.
NYSE
California Resources Corp EVP and Chief Strategy Officer Michael L. Preston sold 26,409 shares of common stock on May 12, 2026.
NYSE
EVP & COO Omar Hayat reported the vesting of performance stock units and subsequent tax withholding transactions.
NYSE
Alejandra Veltmann, a Director at California Resources Corp, was granted restricted stock units (RSUs) on April 30, 2026.
NYSE
William B. Roby, a Director at California Resources Corp (CRC), was granted 3,091 Restricted Stock Units (RSUs) on April 30, 2026.

Proxy Statements (Def-14A)

NYSE
California Resources Corporation will hold its annual shareholder meeting virtually on May 2, 2025, to vote on director elections, auditor ratification, and executive compensation.
NYSE
California Resources Corporation (CRC) reports a transformed 2024, marked by the Aera Energy merger, strong financials, and advancements in its carbon management business.
Better than expected
NYSE
California Resources Corporation finalized a private offering of $600 million in senior notes due in 2029, with an interest rate of 8.250%.
Delay expected
Capital raise
NYSE
California Resources Corporation (CRC) has priced an upsized private offering of $600 million in senior unsecured notes to fund the pending business combination with Aera Energy.
Capital raise
NYSE
California Resources Corporation (CRC) is launching a private offering of $500 million in senior unsecured notes due 2029 to help finance its pending merger with Aera Energy LLC and Aera Energy Services Company.
Capital raise
NYSE
California Resources Corporation is holding a special meeting for stockholders to vote on approving the issuance of shares for the acquisition of Aera Energy, LLC.

Schedule 13D - Activist Investments

NYSE
Canada Pension Plan Investment Board and its affiliates sold 3.5 million shares of California Resources Corporation common stock for $61.10 per share.
Worse than expected
NYSE
California Resources Corporation completed a $227.7 million stock repurchase from IKAV Impact S.a r.l., leading to the resignation of Bobby Saadati from its board and the cessation of lock-up restrictions for the selling group.

Schedule 13G - Passive Investments

NYSE
BlackRock, Inc. has filed a Schedule 13G, reporting a beneficial ownership of 11,576,596 shares, representing 13.0% of California Resources Corporation's common stock.
NYSE
Sourcerock Group LLC has reported beneficial ownership of 5.1% of California Resources Corp's common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported beneficial ownership of 5,275,431 shares, representing 5.94% of the outstanding common stock of California Resources Corp.
NYSE
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in California Resources Corp following an internal realignment.
NYSE
First Trust Portfolios L.P., First Trust Advisors L.P., and The Charger Corporation have jointly filed an amended Schedule 13G, disclosing a passive beneficial ownership of 0.36% in California Resources Corporation as of March 31, 2025.
NYSE
An amendment to Schedule 13G reveals that Solar Projects LLC, Solar Trust No. 2, Comeg Trust LLC, Comeg Trust, and Daniel Scott Gimbel collectively hold a significant beneficial ownership stake in California Resources Corp.