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On the Record · California Resources

California Resources acquisitions, on the record

The businesses California Resources bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Aera Energy, LLC (Aera)
Word for word“On February 7, 2024, we entered into a definitive agreement and plan of merger (Merger Agreement) to combine with Aera Energy, LLC (Aera) in an all-stock transaction (Aera Merger) with an effective date of January 1, 2024.” 10-K for 2023
agreed acquisition——
Fort Apache real estate property in Huntington Beach, California
Word for word“In February 2024, we entered into an agreement to sell our 0.9-acre Fort Apache real estate property in Huntington Beach, California for approximately $10 million.” 10-K for 2023
agreed divestitureIn February 2024approximately $10 million
Aera Energy LLC
Word for word“crc:AeraAcquisitionMember 2024-07-01” 10-K for 2024
agreed acquisition2024-07-01—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2021-12-31$52 million
2022-12-31$0
2023-12-31$0
2024-12-31$853 million
2025-12-31$440 million

Deal filings since 2016

Read from California Resources’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-03-02. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.