California Resources Corporation Completes All-Stock Combination with Berry Corporation

Reuters
2025.12.18 13:30
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California Resources Corporation has completed an all-stock merger with Berry Corporation, enhancing its asset portfolio and expanding its presence in California and the Uinta basin. The merger aims to strengthen operational momentum, improve cash flow, and increase efficiencies by 2026. The combined company is headquartered in Long Beach, California, and led by CRC’s executive team.