California Resources Corp (CRC) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, California Resources Corp's filing signal turned positive.

California Resources Corp. is an independent energy and carbon management company focused on advancing the energy transition in California. The company explores, develops, and produces oil, natural gas, and natural gas liquids primarily in California and Utah, holding approximately 2 million net mineral acres and operating about 22,000 net wells. CRC also operates a carbon management segment, Carbon TerraVault, focused on carbon capture and storage (CCS) projects, including a joint venture with Brookfield. In 2025, CRC completed the Berry Merger, adding significant reserves and well servicing capabilities, and continued integration of the Aera Energy acquisition from 2024. The company emphasizes environmental stewardship, operational performance, and a disciplined capital program to deliver sustainable cash flows and shareholder returns.

Revenue is primarily driven by the sale of crude oil, natural gas, and natural gas liquids produced from its operations in California and Utah. Additional revenue is generated from the sale of electricity produced by its cogeneration power plants.