California Resources Corporation Completes Combination with Berry Corporation, Enhancing California Portfolio and Adding Strategic Optionality in Uinta Basin.
ByAinvest
Thursday, Dec 18, 2025 8:31 am ET1min read
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California Resources Corporation closed its all-stock combination with Berry Corporation, enhancing its California portfolio of conventional assets and adding strategic optionality in the Uinta basin. The deal adds high-quality assets in the San Joaquin Basin and enhances cash flow durability and operating efficiencies. CRC expects to provide full-year 2026 guidance with its year-end and fourth-quarter 2025 earnings release.
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