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The latest update is out from California Resources Corp ( (CRC) ).
On October 29, 2025, California Resources Corporation announced an amendment to its existing credit agreement, involving Citibank and other financial institutions. The amendment includes the addition of new lenders and an increase in the aggregate commitment amount from $1.15 billion to $1.45 billion, potentially enhancing the company’s financial flexibility and operational capacity.
The most recent analyst rating on (CRC) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on California Resources Corp stock, see the CRC Stock Forecast page.
Spark’s Take on CRC Stock
According to Spark, TipRanks’ AI Analyst, CRC is a Outperform.
California Resources Corp’s strong financial performance and positive earnings call are the primary drivers of its overall score. The company’s robust cash flow and strategic advancements in carbon capture projects are significant strengths. However, bearish technical indicators and regulatory challenges pose risks, slightly tempering the overall outlook.
To see Spark’s full report on CRC stock, click here.
More about California Resources Corp
Average Trading Volume: 954,992
Technical Sentiment Signal: Hold
Current Market Cap: $3.92B
Learn more about CRC stock on TipRanks’ Stock Analysis page.