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MarketScreener Homepage  >  Equities  >  Nyse  >  California Resources Corporation    CRC


Business Summary
Logo California Resources Corpo
California Resources Corporation is an independent oil and natural gas exploration and production company, with operating properties within the State of California. The Company produced approximately 140 thousand barrels of oil equivalent per day (MBoe/d), as of December 31, 2016. As of December 31, 2016, the Company had net proved reserves of 568 million barrels of oil equivalent (MMBoe). As of December 31, 2016, it drilled 42 development wells with 37 wells in the San Joaquin basin and five in the Los Angeles basin, which included over 30 steamflood and eight waterflood wells. As of December 31, 2016, the Company produced 36 billion barrels of oil equivalent (BBoe), including approximately 20 BBoe in the San Joaquin basin, 11 BBoe in the Los Angeles basin, three BBoe in the Ventura basin and 10 trillion cubic feet (Tcf) of natural gas in the Sacramento basin. Its operations included 135 fields with 8,837 gross active wellbores, as of December 31, 2016.

Number of employees : 1 500 people.
Sales per Businesses
USD (in Million)%USD (in Million)%
Oil and Gas1,93692.4%---
Natural Gas Liquids--260.008.5%-
Natural Gas--220.007.2%-
Sales per Regions
USD (in Million)%USD (in Million)%
United States1,93692.4%2,59084.6% +33.78%
Todd A. Stevens20182014President, Chief Executive Officer & Director
William E. Albrecht-2016Non-Executive Chairman
Darren Williams-2018Executive Vice President-Operations & Geoscience
Shawn M. Kerns-2018Executive Vice President-Operations & Engineering
Marshall D. Smith20182014Chief Financial Officer & Senior Executive VP
Avedick Baruyr Poladian20182015Independent Director
Justin A. Gannon20182015Independent Director
Harold M. Korell-2015Lead Independent Director
Richard W. Moncrief-2015Independent Director
Robert Vose Sinnott2018-Independent Director
Vote QuantityFloatCompany-owned sharesTotal Float
Stock A 1 49,004,413 46,225,171 94.3% 0 0.0% 94.3%
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Company contact information
California Resources Corp.
27200 Tourney Road
Suite 315
Santa Clarita, CA 91355

Phone : +1.888.848.4754
Web : http://www.crc.com
Sector Oil & Gas Exploration and Production - NEC
Connections : California Resources Corpo