California Resources Corp (CRC)
NYSE:CRC
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CRC Stock Chart & Stats
$62.74
-$0.15(-0.29%)
At close: 4:00 PM EST
$62.74
-$0.15(-0.29%)
Day’s Range― - ―
52-Week Range$43.25 - $71.98
Previous CloseN/A
Volume94.09K
Average Volume (3M)775.69K
Market Cap
$5.26B
Enterprise Value$6.60B
Total Cash (Recent Filing)$40.00M
Total Debt (Recent Filing)$1.38B
Price to Earnings (P/E)―
Beta0.70
Next Earnings
Jul 30, 2026EPS Estimate
1.8Next Dividend Ex-DateN/A
Dividend Yield3.56%
Share Statistics
EPS (TTM)-5.19
Shares Outstanding88,794,900
10 Day Avg. Volume617,794
30 Day Avg. Volume775,694
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 Cap1.25
Enterprise Value/Revenue1.87
Enterprise Value/Gross Profit4.93
Enterprise Value/Ebitda5.13
Forecast
1Y Price Target
$80.20Price Target Upside27.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)6.39
Revenue Forecast (FY)$3.74B
Bulls Say, Bears Say
Bulls Say
Strong Operating Cash GenerationSustained high operating profitability and meaningful free cash flow indicate the core California E&P operations generate durable cash to fund capex, dividends, buybacks and debt service. This cash cushion supports reinvestment and strategic optionality across commodity cycles.
Proactive Liability And Refinancing ActionsExtending maturities and replacing higher-coupon debt materially improves interest burden and liquidity profile. Lowered near-term coupon risk and net leverage around 1.1x bolster financial flexibility to execute capex plans and absorb downturns without urgent refinancing.
Commercial-scale CCS And Data Center/power OptionalityDelivering a commercial CCS project and advancing data-center/power partnerships creates durable strategic advantages in California: new revenue streams, value from land/power/CCS integration, and regulatory-aligned demand for lower-carbon firm power.
Bears Say
Earnings Volatility And Net LossA sizable TTM net loss despite positive EBITDA exposes earnings to non-cash derivative swings and one-offs. Persisting negative net income erodes equity and ROE, constraining capital allocation and reducing investor confidence unless profitability normalizes.
Declining Free Cash Flow And Weaker Debt CoverageMaterial FCF decline and reduced operating cash coverage of debt weaken deleveraging capacity. If commodity or operational headwinds persist, the company may need to slow returns or access external financing, limiting long-term balance sheet repair and investment optionality.
Production And Operational Predictability RiskQuarter-to-quarter production is exposed to PSC cost-recovery mechanics, scheduled maintenance and timing effects, increasing cash flow and production unpredictability. This operational variability complicates planning for capex, hedging and shareholder returns over multi-quarter horizons.
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 $43.24 and its highest was $71.98 in the past 12 months.
What is California Resources Corp’s market cap?
California Resources Corp’s market cap is $5.26B.
When is California Resources Corp’s upcoming earnings report date?
California Resources Corp’s upcoming earnings report date is Jul 30, 2026 which is in 60 days.
How were California Resources Corp’s earnings last quarter?
California Resources Corp released its earnings results on May 05, 2026. The company reported $0.88 earnings per share for the quarter, missing the consensus estimate of $0.881 by -$0.001.
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 1.8.
How many shares outstanding does California Resources Corp have?
California Resources Corp has 88,794,900 shares outstanding.
What happened to California Resources Corp’s price movement after its last earnings report?
California Resources Corp reported an EPS of $0.88 in its last earnings report, missing expectations of $0.881. Following the earnings report the stock price went down -12.364%.
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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$80.20 (27.83% Upside)
$80.20 (27.83% Upside)
Blogger Sentiment
Bullish
CRC Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 346.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.1%
Last 30 Days ▼ 4.2%
Last 30 Days ▼ 4.2%
News Sentiment
Bullish
Bullish news 79%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.36%
12-Months-Change
Fundamentals
Return on Equity
-13.78%
Trailing 12-Months
Asset Growth
4.72%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple strong positive developments: beats to Q1 adjusted EBITDAX, upgraded full-year guidance, robust cash flow and a strengthened balance sheet, accelerating high-return activity, improved capital efficiency and clear progress on CCS and data center initiatives. Near-term headwinds include higher G&A timing items, Q2 production timing noise from PSC mechanics and a modest inflationary impact; Uinta remains an upside-with-uncertainty opportunity. On balance the positives (financial outperformance, upgraded guidance, major strategic milestones and significant synergy capture) materially outweigh the limited operational and timing challenges.View all CRC earnings summariesCRC Stock 12 Month Forecast
Average Price Target
$80.20
▲(27.83% Upside)
Technical Analysis
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Ownership Overview
9.37% Insiders
27.68% Mutual Funds
28.63% Other Institutional Investors
2.99% Public Companies and Individual Investors