
California Resources Corp. (CRC) is an oil and natural gas company involved in the exploration, production, and marketing of crude oil (CLV24), natural gas (NGV24), and natural gas liquids (NGLs). Additionally, it is also involved in the production and sale of electricity to the utility sector and wholesale power market, and has a joint venture with Brookfield geared toward carbon capture initiatives.
Based in Long Beach, California, the energy company is valued at $3.64 billion. CRC is a component of the small-cap benchmark Russell 2000 Index (RUT), as well as the S&P SmallCap 600 ($IQY).