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Francisco J. Leon

Francisco J. Leon

President & CEO, California Resources Corporation

Appears in 1 story

Notable Quotes

"CRC is entering 2026 stronger than ever, ready to build on our operational momentum." (Francisco Leon, Dec. 18, 2025)

Stories

CRC buys Berry, builds a bigger California oil empire—while betting on carbon storage as the second act

Money Moves

Running the combined CRC-Berry company heading into 2026 guidance

The CRC–Berry all-stock combination is now in the paperwork-and-plumbing phase. CRC's post-close 8-K confirms Berry is a wholly owned subsidiary and discloses an amendment raising CRC's elected credit-facility commitments to $1.46 billion. CRC has 71 days to publish pro forma financials for the combined company.

Updated Yesterday