
California Resources Corp
NYSE:CRC

California Resources Corp
Minority Interest
California Resources Corp
Minority Interest Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Minority Interest | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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California Resources Corp
NYSE:CRC
|
Minority Interest
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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EQT Corp
NYSE:EQT
|
Minority Interest
$3.7B
|
CAGR 3-Years
510%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
7%
|
|
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Hess Corp
NYSE:HES
|
Minority Interest
$787m
|
CAGR 3-Years
3%
|
CAGR 5-Years
-4%
|
CAGR 10-Years
21%
|
|
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EOG Resources Inc
NYSE:EOG
|
Minority Interest
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Diamondback Energy Inc
NASDAQ:FANG
|
Minority Interest
$2.1B
|
CAGR 3-Years
22%
|
CAGR 5-Years
5%
|
CAGR 10-Years
25%
|
|
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Conocophillips
NYSE:COP
|
Minority Interest
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
California Resources Corp
Glance View
California Resources Corporation (CRC) emerged from Occidental Petroleum's split in 2014, carving out its niche as a major player in the oil and natural gas industry. Rooted deeply in the landscapes of California, CRC's primary operations revolve around the extraction, production, and development of hydrocarbon assets situated primarily in the prolific San Joaquin, Los Angeles, Ventura, and Sacramento Basins. Leveraging advanced extraction technologies, CRC employs a combination of traditional drilling, enhanced oil recovery (EOR) techniques, such as water and steam flooding, and cutting-edge methods to optimize production. Their strategic focus is not only on maximizing output but also on managing costs effectively, which is crucial given the volatile nature of oil prices and regulatory challenges inherent in California. Beyond mere extraction, CRC has been intricately woven into California’s energy framework by emphasizing responsible energy production. It navigates through complex environmental regulations while striving to reduce greenhouse gas emissions and implement water recycling programs. This responsible approach aligns with the state’s robust environmental standards, positioning CRC as a company that aims to balance profitability with sustainability. Revenue streams are fundamentally tied to the fluctuating global prices of oil and gas, but strategic hedging practices and contracts often buffer against market shocks. By efficiently extracting resources from its well-established acreage, CRC has created a model that allows it to maintain economic viability amidst the ever-evolving energy landscape.
