California Resources Corporation (CRC) is a publicly traded company in the Energy sector, operating within the Oil & Gas Exploration & Production industry. The company is headquartered in Long Beach, CA, United States. The current CEO is Francisco J. Leon.
CRC has IPO date of 2020-10-28, 1,550 full-time employees, listed on the NYSE, a market capitalization of $5.65B.
California Resources Corporation is an independent oil and natural gas exploration and production company headquartered in Santa Clarita, California. The company explores for, produces, and markets crude oil, natural gas, and natural gas liquids to California refineries and other market participants with access to transportation and storage infrastructure. As of December 31, 2021, CRC held interests in approximately 1.9 million net mineral acres and maintained proved reserves of approximately 480 million barrels of oil equivalent. In addition to hydrocarbon production, the company generates and sells electricity to local utilities and the grid. Founded in 2014, CRC operates as a fully integrated upstream energy producer serving regional and broader markets.
