46.92
-0.09%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About California Resources
From its filings with the US Securities and Exchange Commission
California Resources is based in Long Beach, California and is incorporated in Delaware. Its shares trade on NYSE under the ticker CRC. The SEC classifies its business as crude petroleum & natural gas. In the fiscal year to 31 December 2025, it reported revenue of $3.67bn and net income of $363.0m. At that date it held total assets of $7.40bn and shareholders' equity of $3.67bn.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 13 Nov 2014
- Employees
- 2,500
- Website
- crc.com ↗
- Head office
- 1 WORLD TRADE CENTER, LONG BEACH, CA, 90831
- Incorporated in
- DE
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Ms. Tiffany CepakIndependent Chairman of the Board$593,916
- Mr. Francisco LeonPresident, Chief Executive Officer, Director, since 2014$8.0m
- Ms. Clio CrespyChief Financial Officer, Executive Vice President
- Mr. Omar HayatExecutive Vice President - Operations, Senior Vice President - Operations
- Mr. Michael PrestonExecutive Vice President, Chief Strategy Officer and General Counsel$4.8m
- Mr. Jay BysExecutive Vice President and Chief Commercial Officer$4.3m
- Mr. Chris GouldExecutive Vice President, Chief Sustainability Officer$4.7m
- Mr. Mark McfarlandDirector, since 2020$433,034
- Mr. Andrew BremnerIndependent Director$375,474
- Mr. James ChapmanIndependent Director$431,106
- Mr. James JacksonIndependent Director$245,964
- Mr. Christian KendallIndependent Director$307,322
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 67
- Environment
- 94
- Social
- 73
- Governance
- 33
- Direct emissions (scope 1)
- 2,603,265.57 t
- Energy emissions (scope 2)
- 152,267.516 t
- Value chain emissions (scope 3)
- 14,748,621.89 t
- Women in the workforce
- 19%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- California Resources Corp (CRC) has several strengths that contribute to its competitive position in the market. Firstly, the company possesses a significant reserve base of oil and gas, allowing it to maintain a stable production level and supply its customers consistently. This provides CRC with a reliable revenue stream and strengthens its presence in the industry.
- Secondly, CRC has a diversified portfolio of assets, including conventional and unconventional oil and gas properties, giving it the ability to adapt to changing market conditions. This diversification reduces its exposure to risks associated with a single asset type, enhancing its resilience and long-term sustainability.
- Additionally, CRC has a strong operational track record and extensive industry experience. This expertise allows the company to effectively manage its projects, optimize production, and ensure operational efficiency. It also positions CRC as a trusted partner for joint ventures and collaborations.
Weaknesses
- Despite its strengths, CRC faces certain weaknesses that need to be addressed. One of the main weaknesses is its high level of debt. The company has a sizable debt burden, primarily due to previous acquisitions and investments. This restricts CRC's financial flexibility and increases its vulnerability to economic downturns or fluctuations in commodity prices.
- Moreover, CRC operates in a highly regulated industry, subject to strict environmental and safety regulations. Ensuring compliance with these regulations can be costly, requiring ongoing investments in technology and adherence to best practices. Failure to meet regulatory standards could result in fines, penalties, or reputational damage, impacting CRC's operations and profitability.
Opportunities
- CRC can leverage several opportunities in the market to further its growth and success. One major opportunity lies in the increasing demand for clean energy solutions and the transition towards renewable sources. CRC can explore diversification into renewable energy projects, such as wind or solar, to align with the evolving energy landscape and cater to the growing sustainability focus of customers and investors.
- Another opportunity for CRC is the potential for strategic partnerships or collaborations. By partnering with established players in the energy sector or technology companies, CRC can access additional expertise, technologies, and resources. This can lead to improved operational efficiency, innovation, and competitive advantage, enabling CRC to expand its market reach and explore new business avenues.
Threats
- CRC faces certain threats that could adversely impact its performance and profitability. The volatility of global oil and gas prices poses a significant threat to the company's financial stability. Fluctuations in prices can directly impact CRC's revenue, profitability, and ability to support its ongoing operations. Therefore, CRC needs to adopt effective risk management strategies and maintain a diversified portfolio to mitigate these threats.
- Additionally, CRC operates in a highly competitive market, with numerous other players vying for market share. Intense competition can lead to price wars, reduced profit margins, and the need for continuous innovation and cost optimization. It is crucial for CRC to differentiate itself through effective branding, superior customer service, and the ability to offer unique value propositions to withstand the competitive pressure.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.