
California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it owns and operates power generation facilities, as well as…

Bank of New York Mellon Corp lowered its stake in California Resources Corporation (NYSE: CRC) by 1.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,200,610 shares of the oil and gas producer's stock after selling 14,082 shares during the quarter.

One trades at 22x forward earnings with negative free cash flow; the other at 8x with $543M in annual cash generation.

AYTU, CAMP and CRC have been added to the Zacks Rank #5 (Strong Sell) List on July 16, 2026.

BKV focuses on natural gas and carbon capture integration in the Eastern and Southern United States. California Resources generates significant free cash flow from its dominant position in the California energy market.

LONG BEACH, Calif., July 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its second quarter 2026 financial results on Monday, August 10th before market hours.