Companies
California Resources
Oil and gasLong Beach, CaliforniaCRCAbout 2,500 employees
More about California Resources
California oil and gas producer that is also building a carbon capture and storage business in the state
Revenue
$3.67B
Fiscal 2025, up about 15%
Employees
About 2,500
As of December 2025, incl. Berry
Stock
CRC
New York Stock Exchange
Headquarters
Long Beach, California
CEO
Francisco Leon
Since 2023 annual meeting
Main businessesOil and natural gas, Carbon management (Carbon TerraVault)
Current strategyCombining with Berry Corporation, acquired in December 2025, and developing carbon capture and storage projects in California
Recent workforce changesReduction in force in February 2026 after the Berry merger, with a charge of about $22M
CompetitorsChevron, Aera Energy, Occidental
Related companiesChevronOccidental Petroleum
Checked October 11, 2026 · Sources: sec.gov, sec.gov (2)
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