California Resources Corp (CRC)
NYSE:CRC
CRC Stock Chart & Stats
$63.85
-$0.15(-0.29%)
At close: 4:00 PM EST
$63.85
-$0.15(-0.29%)
Day’s Range― - ―
52-Week Range$30.97 - $66.56
Previous CloseN/A
Volume94.09K
Average Volume (3M)999.05K
Market Cap
$5.79B
Enterprise Value$7.02B
Total Cash (Recent Filing)$132.00M
Total Debt (Recent Filing)$1.36B
Price to Earnings (P/E)10.7
Beta0.91
Next Earnings
May 12, 2026EPS Estimate
0.62Next Dividend Ex-DateN/A
Dividend Yield3.56%
Share Statistics
EPS (TTM)0.47
Shares Outstanding88,597,470
10 Day Avg. Volume1,551,195
30 Day Avg. Volume999,049
Financial Highlights & Ratios
PEG Ratio-0.89
Price to Book (P/B)1.06
Price to Sales (P/S)1.08
P/FCF Ratio7.16
Enterprise Value/Market Cap1.21
Enterprise Value/Revenue2.02
Enterprise Value/Gross Profit5.40
Enterprise Value/Ebitda5.24
Forecast
1Y Price Target
$75.27Price Target Upside17.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)2.71
Revenue Forecast (FY)$3.62B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthA materially lower leverage profile and larger equity base reduce refinancing and liquidity risk, giving management durable flexibility to fund capex, opportunistic buybacks, and strategic projects without straining liquidity. This structural balance-sheet repair supports resiliency through commodity cycles.
Cash GenerationSustained, strong operating and free cash flow conversion provides a durable internal funding source for development, debt reduction, and shareholder returns. Reliable FCF improves capital allocation optionality and reduces dependence on capital markets across multi-year cycles.
CCS & Power Platform DiversificationProgress on commercial-scale CCS plus permitted power/data land creates a structural diversification away from pure commodity exposure. If permitted, these platforms can add steady, long-duration cash flows and improve asset mix resilience as E&P cashflows remain cyclical.
Bears Say
Margin Volatility & Commodity SensitivityE&P margins remain highly exposed to commodity swings; recent margin compression shows project returns and profitability can erode quickly in lower-price environments. This structural sensitivity drives variable free cash flow and makes long-term planning and consistent returns more challenging.
Regulatory & Permitting Execution RiskKey strategic initiatives (CCS commercial injection and expanded permitting) are contingent on regulatory approvals and timing. Delays or restrictive conditions can materially postpone new cash flows and prolong reliance on hydrocarbons, making the diversification thesis execution-dependent.
Hedges Cap UpsideA large, near-term hedge book reduces exposure to commodity rallies, protecting cash flow downside but structurally limiting upside potential from sustained price improvements, which can constrain returns, buybacks, and the pace of deleveraging when markets improve.
California Resources Corp News
CRC FAQ
What was California Resources Corp’s price range in the past 12 months?
California Resources Corp lowest stock price was $30.97 and its highest was $66.56 in the past 12 months.
What is California Resources Corp’s market cap?
California Resources Corp’s market cap is $5.79B.
When is California Resources Corp’s upcoming earnings report date?
California Resources Corp’s upcoming earnings report date is May 12, 2026 which is in 48 days.
How were California Resources Corp’s earnings last quarter?
California Resources Corp released its earnings results on Mar 02, 2026. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.511 by -$0.041.
Is California Resources Corp overvalued?
According to Wall Street analysts California Resources Corp’s price is currently Undervalued.
Does California Resources Corp pay dividends?
California Resources Corp pays a Quarterly dividend of $0.405 which represents an annual dividend yield of 3.56%. See more information on California Resources Corp dividends here
What is California Resources Corp’s EPS estimate?
California Resources Corp’s EPS estimate is 0.62.
How many shares outstanding does California Resources Corp have?
California Resources Corp has 88,597,470 shares outstanding.
What happened to California Resources Corp’s price movement after its last earnings report?
California Resources Corp reported an EPS of $0.47 in its last earnings report, missing expectations of $0.511. Following the earnings report the stock price went up 4.537%.
Which hedge fund is a major shareholder of California Resources Corp?
Currently, no hedge funds are holding shares in CRC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
California Resources Corp Stock Smart Score
Outperform
1
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5
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7
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10
Analyst Consensus
Strong Buy
Average Price Target:
$75.27 (17.89% Upside)
$75.27 (17.89% Upside)
Blogger Sentiment
Neutral
CRC Sentiment 50%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 450.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.9%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.65%
12-Months-Change
Fundamentals
Return on Equity
10.34%
Trailing 12-Months
Asset Growth
3.76%
Trailing 12-Months
Company Description
California Resources Corp
California Resources Corporation operates as an independent oil and natural gas company. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2021, it had interests in approximately 1.9 million net mineral acres with proved reserves totaled an estimated 480 million barrels of oil equivalent. The company also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.
CRC Company Deck
CRC Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational execution, record financial results, meaningful cost-synergy progress, resumed permitting, balance sheet strength and advancing CCS/power platforms — all supporting durable cash flow and shareholder returns. Headwinds include a ~14% YoY commodity price decline, softer resource adequacy payments, remaining regulatory approvals for CCS, gas-price weakness in California, and timing risk related to permits and multi-year redevelopment projects. On balance, the positive operational and financial developments, clear capital allocation discipline, and derisking of strategic initiatives outweigh the listed challenges.View all CRC earnings summariesCRC Stock 12 Month Forecast
Average Price Target
$75.27
▲(17.89% Upside)
Technical Analysis
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Ownership Overview
1.50% Insiders
25.51% Mutual Funds
28.47% Other Institutional Investors
13.84% Public Companies and Individual Investors