California Resources Corporation Schedules First Quarter 2021 Conference Call and Earnings Release, and Announces Investor Conference Participation

California Resources Corporation (NYSE: CRC) announced today that it will host its first quarter 2021 financial results conference call on Thursday, May 13 at 11:00 a.m. Eastern Time (08:00 a.m. Pacific Time). The Company’s earnings will be released prior to the market open on the same date.

We encourage participants to pre-register for the conference call webcast using the following link https://dpregister.com/sreg/10153648/e58af1b180. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.

To participate in CRC’s conference call, either dial (877) 328-5505 (International callers please dial +1-412-317-5421) or access via webcast at www.crc.com, fifteen minutes prior to the scheduled start time to register. A digital replay of the conference call will be archived for approximately 90 days and available online on the Investor Relations page at www.crc.com.

Furthermore, the Company’s executives will also be participating in the following virtual events in May and June:

• Goldman Sachs 6th Annual Credit and Leveraged Finance Conference – May 17
• RBC Capital Markets 2021 Global Energy and Power Infrastructure Conference – June 8-9
• BofA Securities 2021 Energy Credit Conference – June 9
• Tudor Pickering Holt & Co 2021 Hotter 'N Hell Energy Conference – June 10
• J.P. Morgan 2021 Energy, Power & Renewables Conference – June 22-23

CRC’s presentation materials will be available the day of the events on the Earnings and Presentations page in the Investor Relations section on www.crc.com.

About California Resources Corporation (CRC)

California Resources Corporation (CRC) is an independent oil and natural gas exploration and production company, applying complementary and integrated infrastructure to gather, process and market its production. Using advanced technology, CRC focuses on safely and responsibly supplying affordable energy.

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