Carbon Energy Corporation operates as an independent enterprise focused on oil and natural gas. Its core business activities involve the acquisition, exploration, development, and eventual production of crude oil, natural gas, and natural gas liquids (NGLs) assets throughout the United States. The company's strategic emphasis is on both conventional and unconventional reservoir formations, including resources like shale, tight sand, and coalbed methane, primarily located within the Appalachian, Illinois, and Ventura Basins.