Energy company seeks to convert Huntington Beach oil and gas complex to large-scale oceanfront housing [Los Angeles Times (CA)]
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: Los Angeles Times
Energy company California Resources Corp. (formerly Occidental Petroleum's California operations) has announced it has applied to rezone its 92-acre property, which runs from Goldenwest Street to Seapoint Street on the inland side of Pacific Coast Highway. C.R.C.'s proposal seeks to transform the 1.2-mile long site from industrial use into space featuring up to 800 residential units, a hotel and open space. “The goal of this project is to shape the future of the property with the evolving needs of the local community,” said Bob Grundstrom, C.R.C.'s senior vice president of business development, in a statement. “We recognize the importance of thoughtful growth and understand the community's concerns about high-density housing — and that's not what this is. By transitioning the property from an industrial site to a mixed-use community, we're not only creating housing and economic opportunities but also ensuring that this coastal asset serves residents and visitors for generations t
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News
- California Resources Closes Berry Merger, Expands Asset Base [Yahoo! Finance]Yahoo! Finance
- Luminia and California Resources Corporation Finalize Plans to Use Solar Power for Kern County Oil OperationsPR Web
- California Resources Corporation Closes Combination with Berry CorporationGlobeNewswire
- California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in CaliforniaGlobeNewswire
- California Resources Corporation Announces January Investor Conference ParticipationGlobeNewswire
CRC
Earnings
- 11/4/25 - Beat
CRC
Sec Filings
- 12/18/25 - Form 8-K
- 11/12/25 - Form 4
- 11/12/25 - Form 8-K
- CRC's page on the SEC website