California Resources Corporation

NYSE:CRC Stock Report

Market Cap: US$3.6b

California Resources Management

Management criteria checks 4/4

California Resources' CEO is Francisco Leon, appointed in Apr 2023, has a tenure of 2.08 years. total yearly compensation is $7.99M, comprised of 10.4% salary and 89.6% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth $4.90M. The average tenure of the management team and the board of directors is 4 years and 3.7 years respectively.

Key information

Francisco Leon

Chief executive officer

US$8.0m

Total compensation

CEO salary percentage10.4%
CEO tenure2.1yrs
CEO ownership0.1%
Management average tenure4yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

California Resources Corporation's (NYSE:CRC) Low P/E No Reason For Excitement

May 03
California Resources Corporation's (NYSE:CRC) Low P/E No Reason For Excitement

Is California Resources (NYSE:CRC) Using Too Much Debt?

Apr 11
Is California Resources (NYSE:CRC) Using Too Much Debt?

California Resources: Still On Hold

Mar 23

Calculating The Fair Value Of California Resources Corporation (NYSE:CRC)

Feb 21
Calculating The Fair Value Of California Resources Corporation (NYSE:CRC)

Benign Growth For California Resources Corporation (NYSE:CRC) Underpins Its Share Price

Jan 31
Benign Growth For California Resources Corporation (NYSE:CRC) Underpins Its Share Price

We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt

Jan 09
We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt

California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875

Nov 26
California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875

California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think

Nov 13
California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think

California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875

Nov 10
California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875

Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?

Oct 15
Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?

A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price

Sep 23
A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price
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Aera Merger And Carbon Management Positions CRC For Robust Revenue And Net Margin Growth

Aug 31 The Aera merger and focus on carbon management, including CCS projects, are set to enhance revenue growth and open new revenue streams.

California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875

Aug 10
California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875

California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Aug 09
California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models

California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate

Jul 05
California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate

Return Trends At California Resources (NYSE:CRC) Aren't Appealing

Jun 17
Return Trends At California Resources (NYSE:CRC) Aren't Appealing

We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt

May 23
We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt

California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking

May 01
California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking

Why We Like The Returns At California Resources (NYSE:CRC)

Feb 01
Why We Like The Returns At California Resources (NYSE:CRC)

California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks

Jan 02
California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks

California Resources: The Future Of Oil Is In California

Nov 07

The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested

Nov 02
The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested

California Resources Corporation: Making Moves And Delivering Value

Oct 11

We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease

Sep 18
We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease

CEO Compensation Analysis

How has Francisco Leon's remuneration changed compared to California Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$501m

Dec 31 2024US$8mUS$831k

US$376m

Sep 30 2024n/an/a

US$531m

Jun 30 2024n/an/a

US$164m

Mar 31 2024n/an/a

US$253m

Dec 31 2023US$10mUS$709k

US$564m

Sep 30 2023n/an/a

US$459m

Jun 30 2023n/an/a

US$907m

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$1mUS$500k

US$524m

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$832m

Mar 31 2022n/an/a

US$531m

Dec 31 2021US$5mUS$491k

US$612m

Sep 30 2021n/an/a

US$4b

Jun 30 2021n/an/a

US$4b

Mar 31 2021n/an/a

US$3b

Dec 31 2020US$4mUS$363k

US$2b

Compensation vs Market: Francisco's total compensation ($USD7.99M) is about average for companies of similar size in the US market ($USD7.59M).

Compensation vs Earnings: Francisco's compensation has been consistent with company performance over the past year.


CEO

Francisco Leon (47 yo)

2.1yrs

Tenure

US$7,985,931

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

NamePositionTenureCompensationOwnership
Francisco Leon
CEO, President & Director2.1yrsUS$7.99m0.13%
$ 4.9m
Michael Preston
EVP, Chief Strategy Officer11.3yrsUS$4.82m0.029%
$ 1.1m
Jay Bys
Executive VP & Chief Commercial Officer4yrsUS$4.32m0.12%
$ 4.2m
Chris Gould
Executive VP3.9yrsUS$4.70m0.081%
$ 3.0m
Clio Crespy
Executive VP & CFOless than a yearno datano data
Omar Hayat
COO & Executive VP1.8yrsno data0.053%
$ 1.9m
Noelle Repetti
Senior VP4.1yrsno data0.0059%
$ 213.5k
Joanna Park
VP of Investor Relations & Treasurer4.3yrsno datano data
Richard Venn
Senior Director of Communications4.3yrsno datano data
Alana Sotiri
Senior Vice President of People Operationsno datano datano data
Sergio De Castro
Senior VP of Transformation Officeno datano datano data
Robert Barnes
Senior Executive Advisorno dataUS$1.67mno data

4.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: CRC's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Francisco Leon
CEO, President & Director2.1yrsUS$7.99m0.13%
$ 4.9m
James Chapman
Independent Director4.6yrsUS$431.11k0.0022%
$ 81.0k
Tiffany Thom Cepak
Independent Chair of the Board4.6yrsUS$593.92k0.011%
$ 400.4k
Mark McFarland
Non-Executive Director4.6yrsUS$433.03k0.096%
$ 3.5m
A. Veltmann
Independent Director3.4yrsUS$358.47kno data
William Roby
Independent Director4.6yrsUS$423.31k0.011%
$ 383.4k
Christian Kendall
Independent Director1yrUS$307.32k0.023%
$ 836.8k
Andrew Bremner
Independent Director4yrsUS$375.47k0.00082%
$ 29.8k
James Jackson
Independent Directorless than a yearUS$245.96kno data
Bobby Saadati
Independent Directorless than a yearUS$245.96k0.0037%
$ 134.7k

3.7yrs

Average Tenure

53yo

Average Age

Experienced Board: CRC's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/09 04:35
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

California Resources Corporation is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wei JiangBarclays
Kaleinoheaokealaula AkamineBofA Global Research
William FrohnhoeferBTIG