New insider activity at California Resources Corp ( (CRC) ) has taken place on March 12, 2026.
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California Resources Corp has reported a notable insider transaction, as Executive Vice President and Chief Sustainability Officer Christopher D. Gould sold 24,347 shares of the company’s stock. The total value of this sale amounts to $1,514,626, highlighting a significant move by a key member of the firm’s leadership team.
Recent Updates on CRC stock
California Resources shares reacted to news of an upsized private notes offering used to refinance higher‑coupon 2029 debt, a move aimed at lowering interest costs and extending maturities, reinforcing balance sheet strength and liquidity. Analyst target revisions also reflected stronger free cash flow potential, capital‑efficient growth plans, improving California permitting post SB‑237, and supportive oil price assumptions amid heightened geopolitical risk.
Spark’s Take on CRC Stock
According to Spark, TipRanks’ AI Analyst, CRC is a Outperform.
CRC’s score is driven primarily by improved financial resilience (notably stronger leverage metrics) and strong recent cash generation, complemented by bullish price momentum with the stock trading above key moving averages. Valuation is supportive with a low-teens P/E and a ~2.5% dividend yield. The main constraints on the score are profitability/margin compression and execution/regulatory risks highlighted in guidance (permitting and CCS approvals), with hedging limiting upside if oil prices rise.
To see Spark’s full report on CRC stock, click here.
More about California Resources Corp
YTD Price Performance: 40.53%
Average Trading Volume: 911,036
Technical Sentiment Signal: Buy
Current Market Cap: $5.57B