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California Resources Corporation (CRC) is an energy company in the nationwide US oil and gas extraction industry, based in Long Beach, United States, with about 1,550 full-time employees.
It reported revenue of $3.40 billion for fiscal year 2025, up 16.1% from fiscal year 2024, and net income of $363.00 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $1.09 billion, up 33.8% from a year before. Its market capitalization was $4.00 billion as of December 4, 2025.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of December 4, 2025.
California Resources Corporation operates as an independent energy and carbon management company in the United States. It operates in two segments, Oil and Natural Gas, and Carbon Management. The company explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers.
California Resources reported $3.40 billion in revenue for fiscal year 2025, up 16.1% from $2.93 billion in fiscal year 2024. In Q2 2026 revenue was $1.09 billion.
$4.00 billion as of December 4, 2025.
Listed companies of a similar size in the same industry (nationwide US oil and gas extraction) include Chord Energy Corporation (CHRD), National Fuel Gas Company (NFG), CNX Resources Corporation (CNX), Gulfport Energy Corporation (GPOR).