California Resources Corp

California's top oil & gas producer, advancing carbon capture and clean energy solutions.

CRC | NYSE

Overview

Corporate Details

ISIN(s):: N/A
LEI:
Country:: United States of America
Address:: 1 WORLD TRADE CENTER, 90831 LONG BEACH
Website:: https://www.crc.com/
Sector:: Mining and quarrying
Industry:: Extraction of crude petroleum

Description

California Resources Corporation (CRC) is an independent energy and carbon management company focused on energy transition. As the largest oil and natural gas producer in California, CRC engages in the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. The company is committed to reducing the state's reliance on foreign energy imports by providing locally sourced, low-carbon intensity fuels. A key part of its strategy involves advancing decarbonization through carbon capture and storage (CCS) and developing clean energy projects. These initiatives include exploring geothermal, clean hydrogen, direct air capture, and solar power, notably through the proposed CTV Clean Energy Park at its Elk Hills field. CRC partners with industry leaders and government bodies to innovate and deploy technologies for a sustainable energy future in California.

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