California Resources Management
Management criteria checks 2/4
California Resources' CEO is Francisco Leon, appointed in Apr 2023, has a tenure of 1.67 years. total yearly compensation is $10.19M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth $3.62M. The average tenure of the management team and the board of directors is 3.6 years and 3.3 years respectively.
Key information
Francisco Leon
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.08% |
| Management average tenure | 3.6yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875
Nov 26
California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think
Nov 13California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875
Nov 10Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?
Oct 15A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price
Sep 23California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875
Aug 10California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 09California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 05Return Trends At California Resources (NYSE:CRC) Aren't Appealing
Jun 17We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt
May 23California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking
May 01Why We Like The Returns At California Resources (NYSE:CRC)
Feb 01California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks
Jan 02California Resources: The Future Of Oil Is In California
Nov 07The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested
Nov 02California Resources Corporation: Making Moves And Delivering Value
Oct 11We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease
Sep 18California Resources: Carbon Capture And Potential Separation From Oil Production
Sep 13California Resources (NYSE:CRC) Is Very Good At Capital Allocation
Jul 22With EPS Growth And More, California Resources (NYSE:CRC) Makes An Interesting Case
Jun 16California Resources Corporation: Despite State Challenges, FCF Remains Strong
Jun 10How To Short Stocks; Bitcoin Miners, Energy Picks And A High Conviction Play With Kirk Spano And CashFlow Hunter
May 23California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
May 19California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825
May 05Industry Analysts Just Upgraded Their California Resources Corporation (NYSE:CRC) Revenue Forecasts By 12%
May 04California Resources (NYSE:CRC) Is Increasing Its Dividend To $0.2825
Mar 02California Resources declares $0.2825 dividend
Feb 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$531m |
| Jun 30 2024 | n/a | n/a | US$164m |
| Mar 31 2024 | n/a | n/a | US$253m |
| Dec 31 2023 | US$10m | US$709k | US$564m |
| Sep 30 2023 | n/a | n/a | US$459m |
| Jun 30 2023 | n/a | n/a | US$907m |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$1m | US$500k | US$524m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$832m |
| Mar 31 2022 | n/a | n/a | US$531m |
| Dec 31 2021 | US$5m | US$491k | US$612m |
| Sep 30 2021 | n/a | n/a | US$4b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$4m | US$363k | US$2b |
Compensation vs Market: Francisco's total compensation ($USD10.19M) is above average for companies of similar size in the US market ($USD6.60M).
Compensation vs Earnings: Francisco's compensation has increased by more than 20% in the past year.
CEO
Francisco Leon (47 yo)
1.7yrs
Tenure
US$10,185,668
Compensation
Mr. Francisco J. Leon served as an Executive Vice President and Chief Financial Officer at California Resources Corporation since August 14, 2020 until April 28, 2023 and served as its Executive Vice Presi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.7yrs | US$10.19m | 0.077% $ 3.6m | |
| Executive VP & CFO | 1.6yrs | US$3.43m | 0.0037% $ 175.0k | |
| EVP, Chief Strategy Officer | 10.9yrs | US$5.76m | 0.00093% $ 43.6k | |
| Executive VP & Chief Commercial Officer | 3.6yrs | US$5.43m | 0.082% $ 3.9m | |
| Executive VP & Chief Sustainability Officer | 3.5yrs | US$5.49m | 0.049% $ 2.3m | |
| Executive Vice President of Operations | 1.4yrs | no data | 0% $ 0 | |
| Senior VP | 3.7yrs | no data | 0% $ 0 | |
| Vice President of Investor Relations | 3.9yrs | no data | no data | |
| Director of Communications | 3.9yrs | no data | no data | |
| Senior Vice President of People Operations | no data | no data | no data | |
| Senior VP of Transformation Office | no data | no data | no data | |
| Senior Executive Advisor | no data | US$1.67m | no data |
3.6yrs
Average Tenure
54yo
Average Age
Experienced Management: CRC's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.7yrs | US$10.19m | 0.077% $ 3.6m | |
| Lead Independent Director | 4.2yrs | US$433.95k | no data | |
| Independent Chair of the Board | 4.2yrs | US$597.16k | 0.011% $ 511.5k | |
| Non-Executive Director | 4.2yrs | US$914.70k | 0.085% $ 4.0m | |
| Independent Director | 3yrs | US$370.68k | no data | |
| Independent Director | 4.2yrs | US$420.97k | 0.010% $ 489.9k | |
| Director | less than a year | no data | 0.023% $ 1.1m | |
| Independent Director | 3.6yrs | US$382.48k | 0.00081% $ 38.0k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
3.3yrs
Average Tenure
55.5yo
Average Age
Experienced Board: CRC's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 17:53 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
California Resources Corporation is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Betty Jiang | Barclays |
| Kaleinoheaokeala Akamine | BofA Global Research |
| William Frohnhoefer | BTIG |