California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: GlobeNewswire
LONG BEACH, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Middle River Power, LLC (MRP), an independent power producer and asset management company, to provide carbon transportation and sequestration services for MRP power facilities in California. Importantly, this is CRC’s first MOU1 to provide carbon management services for a brownfield power facility located in Northern California. Highlights: CTV and MRP plan to jointly evaluate and develop carbon capture and sequestration (“CCS”) solutions, with an initial focus on two MRP power facilities: the 850 megawatt (MW) High Desert plant (Victorville, CA) and the 330 MW San Joaquin Energy Center (Tracy, CA). These facilities produce up to 2.1 million metric tons per annum (MMTPA) and 0.65 MMTPA of carbon dioxide (CO2) emissions, respectively.CTV to serve as the exclusive CO
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News
- California Resources Corporation Announces January Investor Conference ParticipationGlobeNewswire
- California Resources: A Growth Pathway Opens [Seeking Alpha]Seeking Alpha
- California Resources (NYSE:CRC) was given a new $64.00 price target on by analysts at UBS Group AG.MarketBeat
- California Resources (NYSE:CRC) had its price target raised by analysts at Mizuho from $71.00 to $72.00. They now have an "outperform" rating on the stock.MarketBeat
- California Resources (CRC) Valuation Check After Recent Share Price Pullback [Yahoo! Finance]Yahoo! Finance
CRC
Earnings
- 11/4/25 - Beat
CRC
Sec Filings
- 11/12/25 - Form 4
- 11/12/25 - Form 8-K
- 11/6/25 - Form 4
- CRC's page on the SEC website