California Resources Corp. Enters Material Definitive Agreement
Ticker: CRC · Form: 8-K · Filed: Oct 8, 2025 · CIK: 1609253
| Field | Detail |
|---|---|
| Company | California Resources CORP (CRC) |
| Form Type | 8-K |
| Filed Date | Oct 8, 2025 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $400.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
CRC just signed a big deal, new financial obligations incoming.
AI Summary
On October 8, 2025, California Resources Corp. entered into a material definitive agreement, creating a direct financial obligation. The company, headquartered in Long Beach, California, filed an 8-K report detailing this significant financial event.
Why It Matters
This filing indicates a new financial commitment or obligation for California Resources Corp., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and new financial obligations can introduce financial risks and affect the company's balance sheet.
Key Players & Entities
- California Resources Corp. (company) — Registrant
- October 8, 2025 (date) — Date of earliest event reported
- 1 World Trade Center, Suite 1500, Long Beach, California 90831 (location) — Principal executive offices
FAQ
What type of material definitive agreement did California Resources Corp. enter into?
The filing states that the company entered into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 8, 2025.
What is the principal executive office address for California Resources Corp.?
The principal executive offices of California Resources Corp. are located at 1 World Trade Center, Suite 1500, Long Beach, California 90831.
What is the IRS Employer Identification Number for California Resources Corp.?
The IRS Employer Identification Number for California Resources Corp. is 46-5670947.
What is the Standard Industrial Classification code for California Resources Corp.?
The Standard Industrial Classification code for California Resources Corp. is CRUDE PETROLEUM & NATURAL GAS [1311].
Filing Stats: 1,787 words · 7 min read · ~6 pages · Grade level 14 · Accepted 2025-10-08 16:07:37
Key Financial Figures
- $400.0 million — reviously announced private offering of $400.0 million aggregate principal amount of its 7.000
Filing Documents
- d845351d8k.htm (8-K) — 36KB
- d845351dex41.htm (EX-4.1) — 806KB
- 0001193125-25-234517.txt ( ) — 1133KB
- crc-20251008.xsd (EX-101.SCH) — 3KB
- crc-20251008_lab.xml (EX-101.LAB) — 18KB
- crc-20251008_pre.xml (EX-101.PRE) — 11KB
- d845351d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Indenture, dated October 8, 2025, by and among the Company, the Guarantors and the Trustee. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 4 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: October 8, 2025 5