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California Resources Corporation

Company Summary

Description

California Resources Corporation (NYSE: CRC) is an oil and natural gas exploration and production company operating properties exclusively in the state of California.

Website

http://www.crc.com/about-crc

Operational Regions

  • San Joaquin basin
  • Los Angeles Basin
  • Ventura Basin
  • Sacramento Basin

Financial Data:

NYSE:CRC from Google Finance

Tickers:

  • CRC - New York Stock Exchange

Related Entities

Recent news

  • 7/27/2020 - California Resources... (subscriber access)
  • 7/16/2020 - California Resources... (subscriber access)
  • 6/25/2020 - California Resources... (subscriber access)
  • 6/8/2020 - California Resources... (subscriber access)
  • 4/3/2020 - Haynes & Boone Expect... (subscriber access)

Investor Presentations

  • 2Q19 Investor Presentation
  • 1Q19 Investor Presentation (subscriber access)
  • 4Q18 Presentation (subscriber access)
  • 3Q18 Investor Presentation (subscriber access)
  • 2Q18 Investor Presentation (subscriber access)
  • 1Q18 Investor Presentation (subscriber access)
  • Fourth Quarter 2017 Earnings Presentation (subscriber access)
  • 3Q17 Investor Presentation (subscriber access)
  • 2Q17 Supplementary Slides (subscriber access)
  • 1Q17 Earnings Presentation (subscriber access)
  • 4Q16 & 2016 Investor Presentation (subscriber access)
  • 3Q16 Earnings Review (subscriber access)
  • September 2016 Johnson Rice Energy Conference (subscriber access)
  • Sept. 2016 - Barclays CEO Energy-Power Conference (subscriber access)
  • JP Morgan Equity Conference - June 28, 2016 (subscriber access)
  • 1Q16 Historical Data (subscriber access)
  • 1Q16 Earnings Transcript (subscriber access)
  • 1Q16 Earnings Slides (subscriber access)

Company Transactions

Date: 5/1/2019
Type: Acquisition

SELLERS:
  • California Resources Corporation
    • DETAILS:

    COST: 200 $MM

    NOTES:
    California Resources sold 50% of its working interest and transferred operatorship in certain zones of its Lost Hill field in the San Joaquin Basin for a total consideration of $200 million.
    REGIONS:
  • San Joaquin basin

    • Date: 4/10/2018
    Type: Acquisition

    BUYERS:
  • California Resources Corporation
    • SELLERS:
  • Chevron Corporation
    • DETAILS:

    COST: 460 $MM

    VOLUMES: 13.3 MBOE/d

    NOTES:
    California Resources Corp. reported that they have entered into a deal to consolidate their interest in the Elk Hills Field by acquiring working, surface and mineral interests on the 47,000-acre position from Chevron. California Resources is paying $460 million in cash and issuing 2.95 million common shares to Chevon in exchange for the acreage.
    REGIONS:
  • Onshore California