California Resources Corp

Common Name
California Resources
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,550
Ticker
CRC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
California Resources Corporation is an independent oil and natural gas exploration and production company. As a key player within the energy sector, it focuses on the extraction of crude oil, natural ...

California Resources Energy Data Preview

In 2023, California Resources disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

California Resources also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, California Resources also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, California Resources did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into California Resources's Energy Renewability

In 2023, California Resources consumed a total of 39.98 million Gigajoules of energy across its operations. Of this total, 2.25% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.75% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

California Resources's Energy Renewability Rate

2%

How much of California Resources's energy consumed is renewable?

In 2023, California Resources consumed a total of 39.98 million Gigajoules of energy, of which 2.25% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that California Resources has considerable room to improve its energy sustainability strategy.

Are California Resources's energy practices becoming more sustainable?

Since 2020, California Resources's total energy consumption decreased by 14.34%, and remained stable in 2023, suggesting earlier reductions may have leveled off.

Over the same period, the share of renewable energy decreased by 13.52%, with a further 31.42% drop in 2023, highlighting a weakening in renewable energy performance.

Overall, California Resources’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

California Resources's Renewable vs Non-renewable Energy Over Time

50 M20 M10 M50 MGigajoules (GJ)202020212022202397%97%97%98%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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