12 Nov 2025business combination▲ Good
Antitrust clearance came through for the Berry Corporation merger, leaving only Berry's shareholder vote and FERC approval before closing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Nov 2025director interest notice● Neutral
California Resources Corp EVP & Chief Commercial Officer Jay A. Bys received 26,472 shares as part of the equity award.
6 Nov 2025director interest notice● Neutral
California Resources Corp EVP & Chief Operating Officer Omar Hayat received 42,355 shares as part of the equity award.
6 Nov 2025director interest notice● Neutral
California Resources Corp EVP and CFO Clio C. Crespy received 42,355 shares as part of the equity award.
6 Nov 2025director interest notice● Neutral
California Resources Corp EVP, Chf Strategy Officer & GC Michael L. Preston received 47,649 shares as part of the equity award.
6 Nov 2025director interest notice● Neutral
California Resources Corp President and CEO Francisco Leon received 84,710 shares as part of the equity award.
6 Nov 2025director interest notice● Neutral
California Resources Corp EVP & Chief Sustainability Off Christopher D. Gould received 26,472 shares as part of the equity award.
5 Nov 2025quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $855.0 million and net income of $64.0 million for the period ended 2025-09-30.
4 Nov 2025securities registration● Neutral
California Resources Corp filed the final prospectus for a registered offering.
4 Nov 2025quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $855.0 million and net income of $64.0 million for the period ended 2025-09-30.
31 Oct 2025material agreement▲ Good
CRC expanded its credit facility's lending syndicate and raised its commitment amount from $1.15 billion to $1.45 billion.
14 Oct 2025business combination● NeutralMajor
CRC registered the shares for its all-stock takeover of Berry Corporation at 0.0718 CRC shares per Berry share -- a ratio that leaves Berry's shareholders with only about 6% of the combined company, a point Berry's own board recorded as a negative consideration. Berry brings San Joaquin Basin oil, Uinta Basin acreage in Utah and a California well-servicing business.
8 Oct 2025debt financing● Neutral
CRC closed its $400 million offering of 7.000% senior notes due 2034, financing earmarked to retire Berry Corporation's debt upon completion of their merger.
24 Sept 2025material agreement● Neutral
CRC amended its credit facility to accommodate the pending Berry merger and launched a $400 million bond offering to refinance Berry's debt once the deal closes.
17 Sept 2025business combination● Neutral
CRC filed the definitive merger agreement for the Berry Corporation acquisition, structured as a straight merger of a CRC subsidiary into Berry.
15 Sept 2025business combination▲ GoodMajor
CRC agreed to acquire Berry Corporation in an all-stock deal valuing Berry at about $717 million, with existing CRC shareholders retaining roughly 94% of the combined company - its second major California in-basin combination after Aera Energy.
6 Aug 2025quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $978.0 million and net income of $172.0 million for the period ended 2025-06-30.
5 Aug 2025quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $978.0 million and net income of $172.0 million for the period ended 2025-06-30.
31 July 2025director interest notice● Neutral
California Resources Corp EVP & Chief Operating Officer Omar Hayat acquired 18,986 shares and disposed of 10,225 in a set of related equity transactions.
23 June 2025director interest notice● Neutral
California Resources Corp EVP & Chief Operating Officer Omar Hayat had 4,372 shares withheld for taxes on vesting stock.
7 May 2025quarterly activities report● Neutral
California Resources Corp reported quarterly revenue of $912.0 million and net income of $115.0 million for the period ended 2025-03-31.
6 May 2025director interest notice● Neutral
California Resources Corp director James Ross Jackson received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director Bobby Saadati received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director Alejandra Veltmann received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director Andrew B. Bremner received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director William B Roby received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director Tiffany Thom Cepak received 9,259 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director Christian S Kendall received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director Mark Allen Mcfarland received 5,698 shares as part of the equity award.
6 May 2025director interest notice● Neutral
California Resources Corp director James N Chapman received 5,698 shares as part of the equity award.