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California Resources Corporation (CRC)

NYSE - NYSE Delayed price. Currency in USD
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44.40+0.03 (+0.07%)
At close: 04:00PM EDT
43.51 -0.89 (-2.00%)
After hours: 07:45PM EDT

California Resources Corporation

27200 Tourney Road
Suite 200
Santa Clarita, CA 91355
United States
888 848 4754
https://www.crc.com

Sector(s)Energy
IndustryOil & Gas E&P
Full-time employees970

Key executives

NameTitlePayExercisedYear born
Mr. Mark Allen McFarlandPres, CEO & Director3.45MN/A1969
Mr. Francisco J. LeonExec. VP & CFO1.4MN/A1977
Mr. Shawn M. KernsExec. VP & COO1.4MN/A1971
Mr. Michael L. PrestonExec. VP, Chief Admin. Officer & Gen. Counsel1.4MN/A1965
Mr. Jay A. BysExec. VP & Chief Commercial Officer1.5MN/A1965
Ms. Noelle M. RepettiSr. VP, Controller & Principal Accounting OfficerN/AN/A1970
Cynthia J. JohnsonChief Information Officer & VPN/AN/AN/A
Joanna ParkVP of Investor RelationsN/AN/AN/A
Richard VennDirector of CommunicationsN/AN/AN/A
Ms. Alana A. SotiriVP of HRN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

California Resources Corporation operates as an independent oil and natural gas company. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2021, it had interests in approximately 1.9 million net mineral acres with proved reserves totaled an estimated 480 million barrels of oil equivalent. The company also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.

Corporate governance

California Resources Corporation’s ISS governance QualityScore as of 31 July 2022 is 6. The pillar scores are Audit: 7; Board: 3; Shareholder rights: 7; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.