California Resources (CRC) - 2024 Q4 - Earnings Call Presentation

Executing Today, Building for Tomorrow Fourth Quarter and Full Year 2024 Results March 3, 2025 Delivered on All Fronts in 2024 California's Premier Energy Platform $1,006MM Delivered Adj. EBITDAX* $355MM $303MM Generated Free Cash Flow* Returned Dividends and SRP1 73% 9% 18% Oil NGLs Gas 110MBOE/D (90% Average NRI) 2024 TOTAL NET PRODUCTION2 1 1 1H24 2H24 2024 ACTIVE DRILLING RIGS Southern California Central California Northern California 85% 8% 7% PDP PDNP PUD $8.9B PV-10 OF 2024 PROVED RESERVES3 545 MMBOE ...