California Resources Corp. Files 8-K with Material Agreements
Ticker: CRC · Form: 8-K · Filed: Aug 22, 2024 · CIK: 1609253
| Field | Detail |
|---|---|
| Company | California Resources CORP (CRC) |
| Form Type | 8-K |
| Filed Date | Aug 22, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $300.0 million, $600.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
CRC filed an 8-K today detailing material definitive agreements and financial obligations.
AI Summary
California Resources Corp. entered into a material definitive agreement on August 22, 2024, related to a direct financial obligation. The company also reported other events and filed financial statements and exhibits as part of this 8-K filing.
Why It Matters
This filing indicates significant financial activity or obligations for California Resources Corp., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.
Key Players & Entities
- California Resources Corp. (company) — Registrant
- August 22, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did California Resources Corp. enter into?
The filing indicates the entry into a material definitive agreement that also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement.
What is the primary business of California Resources Corp.?
California Resources Corp. is primarily involved in Crude Petroleum & Natural Gas extraction, as indicated by its SIC code [1311].
When was this 8-K filing submitted?
The filing was submitted on August 22, 2024.
What is the principal executive office address for California Resources Corp.?
The principal executive offices are located at 1 World Trade Center, Suite 1500, Long Beach, California, 90831.
What is the SEC file number for California Resources Corp.?
The SEC file number for California Resources Corp. is 001-36478.
Filing Stats: 1,194 words · 5 min read · ~4 pages · Grade level 11.5 · Accepted 2024-08-22 16:17:00
Key Financial Figures
- $300.0 million — reviously announced private offering of $300.0 million aggregate principal amount of its 8.250
- $600.0 million — to which the Company previously issued $600.0 million aggregate principal amount of 8.250% se
Filing Documents
- d822091d8k.htm (8-K) — 33KB
- d822091dex43.htm (EX-4.3) — 32KB
- d822091dex991.htm (EX-99.1) — 10KB
- g822091g0821234552567.jpg (GRAPHIC) — 3KB
- 0001193125-24-205372.txt ( ) — 211KB
- crc-20240822.xsd (EX-101.SCH) — 3KB
- crc-20240822_lab.xml (EX-101.LAB) — 18KB
- crc-20240822_pre.xml (EX-101.PRE) — 11KB
- d822091d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits Exhibit No. Description 4.1 Indenture, dated June 5, 2024, by and among the Company, the Guarantors and the Trustee (filed as Exhibit 4.1 to the Company's Current Report on Form 8-K filed on June 5, 2024, and incorporated herein by reference). 4.2 Supplemental Indenture to the Indenture, dated as of July 1, 2024, by and among the Company, the Guarantors and the Trustee (filed as Exhibit 10.7 to the Company's Current Report on Form 8-K filed on July 1, 2024, and incorporated herein by reference). 4.3 Second Supplemental Indenture to the Indenture, dated August 22, 2024, by and among the Company, the Guarantors and the Trustee. 99.1 Press Release, dated August 8, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. California Resources Corporation By: /s/ Michael L. Preston Michael L. Preston Executive Vice President, Chief Strategy Officer and General Counsel DATED: August 22, 2024