CRC - California Resources Corporation

NYSE - NYSE Delayed Price. Currency in USD

California Resources Corporation

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

SectorEnergy
IndustryOil & Gas E&P
Full Time Employees1,250

Key Executives

NameTitlePayExercisedYear Born
Mr. Todd A. StevensPres, CEO & Director5.06MN/A1967
Mr. Marshall D. SmithSr. EVP & CFO2.95MN/A1960
Mr. Darren WilliamsExec. VP of Operations & Geoscience1.86MN/A1972
Michael L. PrestonSr. EVP, Chief Admin. Officer & Gen. Counsel1.7MN/A1965
Mr. Charles F. WeissExec. VP of Public Affairs1.84MN/A1964
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.2 million net acres of mineral acreage. As of December 31, 2019, the company had net proved reserves of 644 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the grid and utility customers. The company was founded in 2014 and is based in Los Angeles, California.

Corporate Governance

California Resources Corporation’s ISS Governance QualityScore as of December 6, 2019 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 4; Compensation: 4.

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 a 10 indicates higher governance risk.