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Dynamic quotes 
OFFON

CALIFORNIA RESOURCES CORPORATION

(CRC)
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Business Summary
Logo California Resources Corporation
California Resources Corporation is an independent oil and natural gas exploration and production company. The Company is focused on land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its Carbon TerraVault I, a carbon capture and storage project, is focused on the capture and permanent storage of carbon dioxide (CO2) emissions. It has operating properties within the State of California. The Company has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Ventura Basin and Sacramento Basin. San Joaquin Basin operates and develops approximately 44 fields and holds surface and mineral interests in the Elk Hills field. Los Angeles Basin operates and develops approximately 6 fields and its active oil fields include the Wilmington and Huntington Beach fields. Ventura Basin operates approximately 27 oil fields and holds over 225,000 net mineral acres in the basin.

Number of employees : 1 000 people.
Sales per Business
20192020Delta
Oil1 884.0070%1 050.0065.3% -44.27%
Natural Gas207.007.7%144.008.9% -30.43%
Natural Gas Liquids179.006.6%135.008.4% -24.58%
USD in Million
Sales per region
20192020Delta
United States2 270.0084.3%1 329.0082.6% -41.45%
USD in Million
Managers
Name Title Age Since
Mark Allen McFarland President, Chief Executive Officer & Director 51 2021
Francisco J. Leon Chief Financial Officer & Executive Vice President 44 2020
Shawn M. Kerns Chief Operating Officer & Executive VP 50 -
Michael L. Preston Chief Administrative Officer & Executive VP 56 -
Douglas E. Brooks Independent Director 62 2020
Tiffany Thom J. Cepak Chairman 48 2021
James N. Chapman Lead Independent Director 58 2020
Julio Manuel Quintana Independent Director 61 2020
William B. Roby Independent Director 61 2020
Nicole Neeman Brady Independent Director 41 2021
Members of the board
Name Title Age Since
Tiffany Thom J. Cepak Chairman 48 2021
Douglas E. Brooks Independent Director 62 2020
James N. Chapman Lead Independent Director 58 2020
Mark Allen McFarland President, Chief Executive Officer & Director 51 2021
Julio Manuel Quintana Independent Director 61 2020
William B. Roby Independent Director 61 2020
Andrew B. Bremner Director - 2021
Nicole Neeman Brady Independent Director 41 2021
Alejandra Veltmann Independent Director 52 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 82,984,696 79,719,192 96.1% 2,591,799 3.1% 96.1%
Shareholders
NameEquities%
Ares Management LLC 9,816,968 12.2%
Fidelity Management & Research Co. LLC 9,242,428 11.5%
GoldenTree Asset Management LP 8,822,357 11.0%
JB Investors LLC 7,549,540 9.39%
The Vanguard Group, Inc. 7,233,835 9.00%
BlackRock Advisors LLC 2,502,605 3.11%
Encompass Capital Advisors LLC 2,304,397 2.87%
BlackRock Fund Advisors 2,074,602 2.58%
SSgA Funds Management, Inc. 1,456,155 1.81%
Invesco Senior Secured Management, Inc. 1,342,627 1.67%
Company contact information
California Resources Corp.
27200 Tourney Road
Suite 200
Santa Clarita, CA 91355

Phone : +1.888.848.4754
Web : http://www.crc.com
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