California Resources Corp Enters Material Definitive Agreement
Ticker: CRC · Form: 8-K · Filed: Sep 24, 2025 · CIK: 1609253
| Field | Detail |
|---|---|
| Company | California Resources CORP (CRC) |
| Form Type | 8-K |
| Filed Date | Sep 24, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $400 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, operations, financials
Related Tickers: CRC
TL;DR
CRC signed a big deal, more details to come.
AI Summary
California Resources Corporation (CRC) announced on September 22, 2025, that it entered into a material definitive agreement. The filing also indicates updates on the company's results of operations and financial condition, along with other events and financial statements. The specific details of the agreement and its financial implications are not fully disclosed in this initial 8-K filing.
Why It Matters
This filing signals a significant new development for California Resources Corp, potentially impacting its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant financial or operational risks and rewards that are not yet fully detailed.
Key Players & Entities
- California Resources Corporation (company) — Registrant
- September 22, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 46-5670947 (ein) — IRS Employer Identification No.
- 1 World Trade Center, Suite 1500, Long Beach, California 90831 (address) — Principal executive offices
- (888) 848-4754 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by California Resources Corporation?
The filing states that California Resources Corporation entered into a material definitive agreement on September 22, 2025, but the specific details of this agreement are not provided in this initial 8-K report.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on September 22, 2025.
What is California Resources Corporation's state of incorporation?
California Resources Corporation is incorporated in Delaware.
What is the principal executive office address for California Resources Corporation?
The principal executive office address for California Resources Corporation is 1 World Trade Center, Suite 1500, Long Beach, California 90831.
What are the main items reported in this 8-K filing?
This 8-K filing reports on the entry into a material definitive agreement, results of operations and financial condition, other events, and financial statements and exhibits.
Filing Stats: 1,757 words · 7 min read · ~6 pages · Grade level 13.7 · Accepted 2025-09-24 08:16:43
Key Financial Figures
- $400 million — ement of a proposed private offering of $400 million in aggregate principal amount of senior
Filing Documents
- d175953d8k.htm (8-K) — 38KB
- d175953dex101.htm (EX-10.1) — 71KB
- d175953dex991.htm (EX-99.1) — 15KB
- d175953dex992.htm (EX-99.2) — 613KB
- g175953g0924101609775.jpg (GRAPHIC) — 5KB
- 0001193125-25-214054.txt ( ) — 917KB
- crc-20250922.xsd (EX-101.SCH) — 3KB
- crc-20250922_lab.xml (EX-101.LAB) — 18KB
- crc-20250922_pre.xml (EX-101.PRE) — 11KB
- d175953d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Sixth Amendment to Amended and Restated Credit Agreement, entered into effective as of September 22, 2025. 99.1 Press Release, dated September 24, 2025, issued by the Company. 99.2 Offering memorandum excerpts. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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: September 24, 2025