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California Resources history
California Resources company history timeline
The company was formed in April 2014 as a corporate spin-off of Occidental Petroleum.
In April 2018, the company acquired the interest in the Elk Hills Oil Field previously held by Chevron Corporation for $460 million and 2.85 million shares.
In July 2020, the company filed bankruptcy with $5 billion in debt; it emerged from bankruptcy in October 2020.
Delivered more than 5 billion gallons of treated, reclaimed water for California agriculture in 2021, sustaining our role as a net water supplier.
In April 2022, announced new and updated ESG goals on methane, freshwater usage, ethnic and gender diversity in leadership, community giving and executive pay.
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California Resources competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| SandRidge Energy | 2006 | $125.3M | 270 | - |
| Aera Energy | 1997 | $2.0B | 1,100 | - |
| Continental Resources | 1967 | $9.5B | 1,201 | 27 |
| XTO Energy | 1986 | $4.6B | 3,335 | - |
| Laredo Petroleum | 2006 | $677.0M | 257 | - |
| Berry Petroleum Company | 1909 | $559.0M | 355 | - |
| Enterprise Products Partners | 1968 | $56.2B | 7,000 | 62 |
| Sempra Energy | 1998 | $13.2B | 20,000 | 2 |
| Kinder Morgan | 1997 | $15.1B | 11,012 | 223 |
| Energy Transfer Solutions | 2003 | $8.5M | 75 | 11 |
California Resources history FAQs
Zippia gives an in-depth look into the details of California Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about California Resources. The employee data is based on information from people who have self-reported their past or current employments at California Resources. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by California Resources. The data presented on this page does not represent the view of California Resources and its employees or that of Zippia.
California Resources may also be known as or be related to California Resources, California Ag Resources Inc, CRC Press, California Resources Corp, Chemical Rubber Company, California Resources Corp. and California Resources Corporation.