California Resources Shares Purchased by Algert Global

Algert Global LLC increases stake in California Resources Corporation by 105%

Mar. 15, 2026 at 7:23am

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Algert Global LLC, an investment management firm, has increased its position in California Resources Corporation (NYSE:CRC) by 105% in the third quarter, according to a recent SEC filing. The fund now owns 396,723 shares of the oil and gas producer's stock, valued at approximately $21.1 million.

Why it matters

This significant increase in Algert Global's stake in California Resources Corporation suggests the investment firm sees potential in the company's future performance and growth prospects within the California oil and gas industry.

The details

Algert Global LLC purchased an additional 203,164 shares of California Resources Corporation during the third quarter, bringing its total ownership to approximately 0.47% of the company's outstanding shares. California Resources is an independent exploration and production company focused on developing oil and natural gas assets in California.

  • Algert Global LLC increased its position in California Resources Corporation in the 3rd quarter of 2026.

The players

Algert Global LLC

An investment management firm that has increased its stake in California Resources Corporation.

California Resources Corporation

An independent exploration and production company focused on developing oil and natural gas assets in California.

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The takeaway

Algert Global's significant increase in its position in California Resources Corporation suggests the investment firm sees strong potential in the company's future performance and growth within the California energy market.