California Resources Corporation

California Resources Corporation (ticker symbol CRC) is an American petroleum and natural gas exploration and production company based in Los Angeles, California. CRC operates exclusively in the State of California.

History
California Resources Corporation was spun off from Occidental Petroleum in 2014.

Current Operations
California Resources acquired its largest holding, the Elk Hills Oil Field, 20 miles west of Bakersfield, California, in April 2018. CRC also owns and operates the THUMS Islands oil extraction and production facility, off the coast of Long Beach, California.