CRC

California Resources Corporation (CRC), founded in 2014, is an independent energy and carbon management company. It operates with a core commitment to environmental stewardship while ensuring the safe provision of local, responsibly sourced energy. CRC's mission centers on navigating the energy transition, integrating sustainable practices within the oil and gas sector. The company's strategy combines energy production with carbon management solutions for a balanced approach to resource utilization and environmental responsibility.

CRC's operations span 5 locations, supported by 1,000-5,000 employees. The company's product portfolio includes natural gas, oil, and exploration services, emphasizing responsible extraction. Its headquarters are in Long Beach, California, a key hub for its North American activities. Learn about CRC's global headquarters for detailed geographic and operational insights. The company's focus on safety and environmental responsibility is a cornerstone of its operational framework.

Financially, CRC reported $3,464.0M in revenue. It has secured significant debt funding, including $1,000,000,000 from Goldman Sachs Bank USA in August 2016 and $1,300,000,000 in November 2017. CRC competes against entities like Cenovus Energy, Oxy, and ConocoPhillips. To understand its financial performance, users can Explore financial highlights. For insights into its leadership and personnel, one can Meet CRC's team.