California Resources Corp (CRC)

In April 2025, California Resources Corp.'s share prices dropped significantly due to the threat of tariffs on imports impacting global crude oil prices. In August 2025, CRC announced its second-quarter earnings, surpassing analyst expectations, leading to a stock increase. The company also achieved merger synergies ahead of schedule. In September 2025, CRC published its 2024 Sustainability Report and announced the pricing of a private offering of senior unsecured notes. Analysts have offered varied predictions for CRC's FY2025 earnings, with Roth Capital lowering its EPS estimate, while several firms raised their price targets. California Resources is scheduled to release its third-quarter 2025 financial results on November 4, 2025.

While specific detailed information on the demand seasonality for California Resources Corp.'s products is not explicitly provided, the demand for these commodities generally exhibits seasonal patterns. Natural gas demand typically increases during colder months due to heating needs, and crude oil and natural gas liquids demand can be influenced by seasonal travel patterns and industrial activity. The company's shift towards carbon management and electricity generation may also introduce different demand dynamics for those services.

California Resources Corp. (CRC) operates in the Energy sector, focusing on Oil & Gas Exploration & Production. The company explores, produces, processes, gathers, and markets crude oil, natural gas, and natural gas liquids. CRC generates electricity from natural gas at its Elk Hills Power Plant and operates a cogeneration facility. Its Carbon TerraVault subsidiary focuses on carbon management by building, installing, operating, and maintaining CO2 capture equipment, transportation assets, and storage facilities.

CRC's operations are exclusively located within California, holding mineral acreage across major oil and gas basins, including the San Joaquin Basin, Ventura Basin, Los Angeles Basin, and Sacramento Basin. Its largest holding is the 47,000-acre Elk Hills Oil Field in the San Joaquin Valley. CRC also operates the Wilmington Oil Field in partnership with California, as well as several smaller fields in Los Angeles County and the Huntington Beach Oil Field in Orange County.

California Resources Corp. has actively worked to enhance its brand reputation through its commitment to energy transition and decarbonization. The company published its 2024 Sustainability Report in September 2025, outlining its Responsible Net Zero (RNZ) strategy and progress on sustainability efforts. A key achievement highlighted was securing California's first-ever EPA permits for underground CO2 injection and storage.

California Resources Corp. has a mixed ownership structure, including public shareholders and significant institutional investors such as BlackRock, Inc., Canada Pension Plan Investment Board, Vanguard Group Inc, Gimbel Daniel Scott, State Street Global Advisors, Inc., and Dimensional Fund Advisors Lp. Institutional investors hold a substantial portion of the company's stock.