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)766.50K
Market Cap
$4.91B
Enterprise Value$6.25B
Total Cash (Recent Filing)$40.00M
Total Debt (Recent Filing)$1.38B
Price to Earnings (P/E)―
Beta0.69
Next Earnings
Jul 30, 2026EPS Estimate
1.84Next Dividend Ex-DateN/A
Dividend Yield3.56%
Share Statistics
EPS (TTM)-5.19
Shares Outstanding88,794,900
10 Day Avg. Volume758,807
30 Day Avg. Volume766,501
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 Cap1.27
Enterprise Value/Revenue1.77
Enterprise Value/Gross Profit4.67
Enterprise Value/Ebitda19.98
Forecast
1Y Price Target
$80.25Price Target Upside27.91% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
EPS Forecast (FY)6.37
Revenue Forecast (FY)$3.77B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained operating cash flow and a management-anchored expectation of >$800M free cash flow before working capital provide durable funding for capex, debt reduction, and shareholder returns. This cash-generation capacity supports strategic optionality through commodity cycles and funds reinvestment in high-IRR drilling.
Improved Capital StructureExecuting upsized note financings and redemptions to extend maturities and lower near-term coupon exposure materially improves financing flexibility. Lower interest burden and a longer maturity profile reduce refinancing risk in a capital-intensive industry and support continued investment and shareholder distributions.
Strategic CCS And Power/data InitiativesDelivering a commercial-scale CCS asset and pairing gas/power with data-center site readiness creates structural differentiation in California. These capabilities align CRC with decarbonization policy, open incremental revenue and offtake opportunities, and strengthen long-term demand for firm clean power solutions in a constrained regional market.
Bears Say
Volatile ProfitabilityA large TTM net loss and negative net margin despite solid EBITDA indicate earnings are highly sensitive to non-cash items, derivatives, and timing effects. This volatility reduces return on equity, undermines earnings predictability, and can constrain capital allocation in weaker commodity environments.
Weaker Cash Cover Vs. Prior YearMaterial decline in free cash flow and reduced OCF coverage of debt impair deleveraging capacity and financial flexibility. If weaker conditions persist, the company may need to slow buybacks, cut dividends, or refinance at higher cost, increasing structural risk to investment plans.
Production And Development UncertaintyQuarter-to-quarter production volatility from PSC mechanics and maintenance windows complicates cash-flow forecasting and hedging effectiveness. Meanwhile Uinta acreage is still in appraisal phase, so promised upside is uncertain and cannot reliably offset California operational variability over the medium term.
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 $4.91B.
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 39 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 1.84.
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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Analyst Consensus
Strong Buy
Average Price Target:
$80.25 (27.91% Upside)
$80.25 (27.91% 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 $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.7%
Last 30 Days ▼ 3.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.69%
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 functions as an independent enterprise primarily engaged in oil and natural gas ventures. Its operations encompass the full spectrum from exploration and extraction of crude oil, natural gas, and natural gas liquids, through their collection and processing, to their ultimate marketing. These energy products are supplied to various clients, including energy marketers, refineries located in California, and other purchasers who possess the necessary transport and storage infrastructure. As of December 31, 2021, the company held rights to approximately 1.9 million net mineral acres, with its proven reserves estimated at 480 million barrels of oil equivalent (BOE). Additionally, the firm also produces and supplies electricity to both the local utility and the broader power grid. Established in 2014, the corporation is headquartered 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
$80.25
▲(27.91% Upside)
Technical Analysis
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Ownership Overview
9.35% Insiders
27.67% Mutual Funds
28.63% Other Institutional Investors
3.58% Public Companies and
Individual Investors