California Resources Corp.

California Resources Corp. plans to release its third quarter 2024 financial results on Tuesday, November 5th after market close. The Company will hold a conference call to discuss these financial results on Wednesday, November 6th at 1:00 p.m. Eastern Time . We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10192326/fd6685ad6e. Callers who pre-register [...]

California Resources Corp. and the Los Angeles Rams today announced "Football Without the Footprint," a carbon management initiative that will allow the Rams to reduce or offset carbon emissions from the team's operations in coming years. CRC and the Rams will also invest in community impact efforts such as garden builds, beautification projects, and science, technology, engineering, art, and math initiatives that will [...]

Sage Geosystems, Inc. and California Resources Corp. today announced the signing of a Memorandum of Understanding to establish a collaborative framework for pursuing commercial projects and joint funding opportunities related to subsurface energy storage and geothermal power generation in California. This press release features multimedia. View the full release here [...]

California Resources Corp. , an independent energy and carbon management company, today announced the launch of its Carbon TerraVault I Elk Hills Community Benefits Plan in Kern County, California. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240910230269/en/ CRC conducts its carbon management business through Carbon TerraVault and its subsidiaries, which [...]

California Resources Corp. today announced the consideration payable as set forth in the table below in respect of the previously announced cash tender offer to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024, as amended . The consideration of $1,009.15 per $1,000 [...]

California Resources Corp. today announced the early tender results in respect of the previously announced cash tender offer to purchase up to $300 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024, as amended . Early Tender Results As of 5:00 p.m., New York City time, on August 21, 2024 [...]

California Resources Corp. previously announced the commencement of a cash tender offer to purchase up to $200 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 . The Company hereby amends the Tender Offer to purchase for cash up to $300 million aggregate principal amount of the 2026 Notes . The Tender Offer is being made pursuant to an Offer to Purchase, dated August 8, 2024, as amended [...]

California Resources Corp. announced today the pricing of an upsized private offering of $300 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029 . The offering size was increased from the previously announced $200 million aggregate principal amount. The Notes were priced at 101% of par, plus accrued and unpaid interest from June 5, 2024. The Notes will mature on June 15, 2029, pay interest [...]

California Resources Corp. announced today the commencement of a cash tender offer to purchase up to $200 million aggregate principal amount of its outstanding 7.125% senior notes due 2026 upon the terms and conditions described in the Company's Offer to Purchase, dated August 8, 2024 . Certain information regarding the 2026 Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread [...]

California Resources Corp. announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $200 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029 . The Notes are being offered as additional notes under the indenture dated as of June 5, 2024, as may be supplemented from time to time , pursuant to which the Company previously issued $600 [...]