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Companies / Energy / California Resources Corp
CRC

California Resources Corp

EnergyOil & Gas Extraction
Ticker CRCLONG BEACH, CAFiscal year ends DecemberBook value per share $34.10Diluted shares 88.7M

California Resources Corporation (NYSE: CRC) is an independent energy and carbon management company. Its oil and natural gas segment explores for, develops and produces crude oil, condensate, natural gas liquids and natural gas in California and Utah, selling oil primarily to local California refiners and delivering… From the company’s description.

Over the twelve months to Sep 30, 2026, California Resources Corp reported revenue of $2.76B, down 23.8% from a year earlier, and a net loss of $500.00M. Its operating margin was −20.3%, and operations generated $902.00M in cash. In fiscal 2025, it reported revenue of $3.67B, up 14.7% from fiscal 2024, and net income of $363.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$3.67BFY2025
+14.7% year over year
Last 12 mo $2.76B
16.30%FY2025
−3.1 percentage points
Last 12 mo -20.28%
$363.00MFY2025
−3.5% year over year
Last 12 mo $-500.00M
11.04%FY2025
+0.1 percentage points
Last 12 mo -14.09%
Cash & financing
$865.00MFY2025
+41.8% year over year
Last 12 mo $902.00M
$543.00MFY2025
+55.6% year over year
Last 12 mo $339.00M
0.35FY2025
Was 0.32× a year earlier
Last 12 mo 0.42
87.4MFY2025
+7.4% year over year
Last 12 mo 88.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What California Resources Corp does

In the company’s own words

California Resources Corporation (NYSE: CRC) is an independent energy and carbon management company. Its oil and natural gas segment explores for, develops and produces crude oil, condensate, natural gas liquids and natural gas in California and Utah, selling oil primarily to local California refiners and delivering gas and liquids to regional markets. Its Carbon TerraVault segment develops carbon capture, transportation and underground storage projects and holds an investment in a joint venture. In 2025, oil, natural gas and natural gas liquids sales totaled $2.91 billion, and average net production was approximately 138,000 barrels of oil equivalent per day. At year-end, the company held approximately 2 million net mineral acres and operated 68 fields. The 2025 Berry merger added oil and gas properties in California and Utah, as well as C&J Well Services, a well servicing and abandonment business.

Company details
Sector
Energy
Industry (SIC)
Oil & Gas Extraction
Headquarters
LONG BEACH, CA
Fiscal year end
December
CIK
1609253
SIC
1311

Financial performance, year by year

Fiscal 2014–2025 · USD
$-4.33B$-2.01B$309.50M$2.63B$4.95B20142015201620172018201920212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns California Resources Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

400
funds hold it
0 of 35
superinvestors hold it
$2.57B
held by funds, at market
50.6%
of shares held by funds
3
bond issues held by funds

Largest fund holders · California Resources Corp’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.22%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
Invesco Small Cap Value Fund
VSCAX · AIM Sector Funds (Invesco Sector Funds)
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

California Resources Corp’s bonds, as funds hold them

Funds report holding 3 issues of California Resources Corp’s debt, $431.46M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 7.50%, maturing 2029 to 2035.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do California Resources Corp and its peers compare on margins and cash generation over ten years?”
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