C
California Resources
California Resources Corporation - Home
About California Resources
California Resources Corporation (CRC) is an oil and gas exploration and production company that operates exclusively in the state of California. The company focuses on developing both conventional and unconventional assets to maximize stockholder returns. CRC's business strategy emphasizes safety, profitability, and responsibility, aiming to benefit both the communities it serves and the state of California as a whole.
CRC primarily serves investors and stakeholders interested in the energy sector, particularly those focused on oil and gas. The company operates in the highly regulated California market, which presents unique challenges and opportunities. CRC's business model revolves around the exploration, development, and production of oil and gas resources. The company generates revenue by extracting and selling these resources, leveraging advanced technologies to optimize production and efficiency.
CRC's commitment to environmental, social, and governance (ESG) principles is a cornerstone of its operations. The company invests in health and safety measures, environmental protection, and energy conservation to ensure sustainable growth. CRC also engages in community outreach programs to foster positive relationships with local communities.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2014
- Headquarters
- Los Angeles, United States
- Listing
- IPO 2020
- Employees
- 1,631
- Open positions
- 7
- Dealroom signal
- 0.0/100
- Industry
- Energy
- Sector
- Energy, Outside Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 2 companies, latest Sep 2025
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO DEBTDebt | Jun 2026 | $550M | — | Undisclosed | ↗ |
| POST IPO DEBTDebt | Mar 2026 | $350M | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $3.4B | -0.5% | $1.4B | 40.1% |
| 2025 | $3.4B | +16.1% | $964M | 28.3% |
| 2024 | $2.9B | +4.2% | $788M | 26.9% |
| 2023 | $2.8B | -13.7% | $1B | 36% |
| 2022 | $3.3B | +27% | $1.3B | 40.1% |
| 2021 | $2.6B | +59.4% | $871M | 34% |
| 2020 | $1.6B | — | −$188M | -11.7% |
Growth signals
Latest recorded traffic for California Resources is 26K monthly website visits, down 46.9% over the last three months. California Resources's team grew 90.1% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Berry Petroleum CompanyBakersfield, United StatesOil & energy company offering natural gas acquisition, development, and production services
$253Mvaluation
Aera EnergyBakersfield, United StatesAera Energy one of California's largest oil and gas producers, accounting for nearly 25 percent of the state's production
$2.1Bvaluation
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
US Department of Energy
Series B and later2 investors entered at this stage
Clear Harbor Asset Management- CICX Institutional
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about California Resources on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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