California Resources Corporation Closes Combination with Berry Corporation
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: GlobeNewswire
LONG BEACH, Calif., Dec. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (“CRC”) today closed its all-stock combination with Berry Corporation (bry) (NASDAQ: BRY) (“Berry”). The transaction enhances CRC’s premier California portfolio of long-lived, low-decline conventional assets with significant development upside and adds strategic optionality in the Uinta basin. “CRC is entering 2026 stronger than ever, ready to build on our operational momentum and deliver meaningful synergies for our shareholders,” said Francisco Leon, CRC’s President and Chief Executive Officer. “This transaction adds high-quality assets in our core San Joaquin Basin and enhances cash flow durability and operating efficiencies as we build a stronger, more durable platform aimed to deliver sustainable shareholder value.” Mr. Leon continued, “I would like to thank the CRC, Berry and C&J employees for all their hard work in getting this deal across the finish line. Together, I am confi
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News
- California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in CaliforniaGlobeNewswire
- 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
CRC
Earnings
- 11/4/25 - Beat
CRC
Sec Filings
- 12/18/25 - Form 8-K
- 11/12/25 - Form 4
- 11/12/25 - Form 8-K
- CRC's page on the SEC website