Sourcerock Group LLC Acquires 5.1% Stake in California Resources Corp (CRC)

Sourcerock Group LLC filed a Schedule 13G on May 15, 2026, reporting a new ownership stake in California Resources Corp (CRC). As of the event date on March 31, 2026, the investment adviser beneficially owns 4,545,993 shares of common stock, representing 5.1% of the company's outstanding shares. This filing marks an increase from a previous 0.0% position, establishing Sourcerock Group LLC as a significant shareholder. The filer reported sole voting and dispositive power over all 4,545,993 shares. According to the certification, these securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The reporting person is a Delaware limited liability company based in Denver, Colorado. The filing includes a Power of Attorney authorizing Andrew Haley, the Chief Compliance Officer, to sign on behalf of the entity.