US13057Q3056 - Common Stock
CALIFORNIA RESOURCES CORP
NYSE:CRC (4/19/2024, 7:04:00 PM)
After market: 54.43 0 (0%)54.43
+0.74 (+1.38%)
California Resources Corp. is an independent oil and natural gas company committed to energy transition in the sector. The company is headquartered in Long Beach, California and currently employs 1,060 full-time employees. The company went IPO on 2014-11-13. The firm has the lowest carbon intensity production in the United States, which is focused on land, mineral and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. The CCS project at the Elk Hills Field is referred to as Carbon TerraVault I. These projects inject CO2 from industrial sources into depleted underground oil and gas reservoirs and permanently store CO2 deep underground. The firm has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, and Sacramento Basin. San Joaquin Basin operates and develops approximately 42 fields and holds approximately 1.24 million net mineral acres in the San Joaquin Basin. Los Angeles Basin holds approximately 29,000 net mineral acres. Sacramento Basin operates approximately 50 fields.
CALIFORNIA RESOURCES CORP
1 World Trade Center, Suite 1500
Long Beach CALIFORNIA 91355
P: 18888484754
CEO: Mark A. McFarland
Employees: 1060
Website: https://www.crc.com/
CALIFORNIA RESOURCES CORP (NYSE:CRC) is an undervalued gem with solid fundamentals.
California Resources (CRC) declares $0.31/share quarterly dividend, in line with previous. Forward yield 2.25% Payable March 6; for shareholders of record March
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