California Resources Corp (CRC) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
CRC currently has 88.7M outstanding shares. with significant dilution risk as 72.4M authorized shares could dilute existing holders by 81.6%. The company has significantly diluted shareholders by 39.89% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 06, 2026 |
10-Q filing | 88.7M shares outstanding |
89M | 72M |
| Nov 05, 2025 |
10-Q filing | 83.7M shares outstanding |
84M | 72M |
| Aug 06, 2025 |
10-Q filing | 89.0M shares outstanding |
89M | 72M |
| Jun 23, 2025 |
8-K filing: California Resources Corporation repurchased 4,950,000 shares of common stock from IKAV at $46.00 per share for a total of $227,700,000. ($227.7M proceeds) |
91M | 72M |
| May 07, 2025 |
10-Q filing | 90.6M shares outstanding |
91M | 72M |
| Mar 03, 2025 |
10-K filing | 90.8M shares outstanding |
91M | 72M |
| Nov 06, 2024 |
10-Q filing | 91.2M shares outstanding |
91M | 72M |
| Aug 07, 2024 |
10-Q filing | 68.1M shares outstanding |
68M | 72M |
| May 08, 2024 |
10-Q filing | 69.0M shares outstanding |
69M | 72M |
| Feb 28, 2024 |
10-K filing | 69.6M shares outstanding |
70M | 72M |
| Feb 09, 2024 |
8-K filing: California Resources Corporation entered into a Merger Agreement to acquire IKAV Impact USA Inc., CPPIB Vedder US Holdings LLC, Opps Xb Aera E CTB, LLC, Opps XI Aera E CTB, LLC, and Green Gate COI, LLC, issuing 21,170,357 shares of common stock as part of the consideration. |
69M | 72M |
| Nov 02, 2023 |
10-Q filing | 68.7M shares outstanding |
69M | 72M |
| Aug 01, 2023 |
10-Q filing | 69.7M shares outstanding |
70M | 72M |
| May 02, 2023 |
10-Q filing | 71.3M shares outstanding |
71M | 72M |
| Feb 24, 2023 |
10-K filing | 75.5M shares outstanding |
76M | 72M |
| Nov 07, 2022 |
10-Q filing | 74.1M shares outstanding |
74M | 72M |
| Aug 04, 2022 |
10-Q filing | 76.7M shares outstanding |
77M | 72M |
| May 05, 2022 |
10-Q filing | 78.5M shares outstanding |
79M | 72M |
| Feb 25, 2022 |
10-K filing | 82.0M shares outstanding |
82M | 72M |
| Nov 12, 2021 |
10-Q filing | 81.6M shares outstanding |
82M | 72M |
| Aug 06, 2021 |
10-Q filing | 83.1M shares outstanding |
83M | 72M |
| May 13, 2021 |
10-Q filing | 83.3M shares outstanding |
83M | 72M |
| Mar 11, 2021 |
10-K filing | 83.3M shares outstanding |
83M | 72M |
| Dec 04, 2020 |
S-1 filing: This S-1 filing describes an offering of 72,414,790 shares of common stock by selling security holders of California Resources Corporation. |
83M | 72M |
| Nov 05, 2020 |
10-Q filing | 83.3M shares outstanding |
83M | 0 |
| Nov 02, 2020 |
8-K filing: California Resources Corporation issued 65,174,345 shares of New Common Stock to holders of 2017 Term Loan Secured Claims and Unsecured Debt Claims, 820,528 shares as payment of an exit fee, and 17,324,848 shares in connection with the Conversion of Elk Hills Power equity interests, while also reserving 4,384,241 shares for issuance upon exercise of New Warrants. |
50M | 0 |
| Oct 28, 2020 |
POS AM filing: California Resources Corporation is filing post-effective amendments to deregister any and all securities registered but unsold or otherwise unissued under the Registration Statements as of the filing date due to the cancellation of all equity securities of the Registrant pursuant to its plan of reorganization after emerging from bankruptcy proceedings. |
50M | 0 |
| Oct 28, 2020 |
POS AM filing: California Resources Corporation is filing post-effective amendments to deregister any and all securities registered but unsold or otherwise unissued under the Registration Statements as of the date hereof due to the cancellation of all equity securities of the Registrant pursuant to its plan of reorganization. |
50M | 0 |
| Oct 28, 2020 |
POS AM filing: California Resources Corporation is filing post-effective amendments to deregister any and all securities registered but unsold or otherwise unissued as of the date hereof under the Registration Statements due to the cancellation of all equity securities of the Registrant pursuant to its plan of reorganization. |
50M | 0 |
| Aug 06, 2020 |
10-Q filing | 49.5M shares outstanding |
50M | 0 |
| Jun 25, 2020 |
10-Q filing | 49.3M shares outstanding |
49M | 0 |
| Mar 27, 2020 |
POS AM filing: This is a POS AM filing for California Resources Corporation registering 6,000,000 shares of common stock for sale from time to time. |
49M | 0 |
| Mar 27, 2020 |
POS AM filing: This prospectus relates to the offer and sale from time to time by the selling stockholder of up to an aggregate of 1,250,000 shares of common stock of California Resources Corporation, issuable upon exercise of an outstanding warrant. |
49M | 0 |
| Feb 26, 2020 |
10-K filing | 49.0M shares outstanding |
49M | 0 |
| Feb 26, 2020 |
POS AM filing: This is a POS AM filing for California Resources Corporation regarding the potential offering of up to 6,000,000 shares of common stock under a shelf registration. |
49M | 0 |
| Feb 26, 2020 |
POS AM filing: This prospectus relates to the offer and sale of up to 1,250,000 shares of common stock of California Resources Corporation, issuable upon exercise of an outstanding warrant. |
49M | 0 |
| Feb 21, 2020 |
8-K filing: California Resources Corporation (CRC) entered into subscription agreements to issue warrants to purchase up to 3,447,184 shares of common stock at an exercise price of $9.25 per share, subject to adjustments for stock dividends, distributions, splits, and reclassifications. |
N/A | 0 |