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California Resources Corp (CRC)
NYSE:CRC
CRC Stock Chart & Stats
$61.51
-$0.15(-0.29%)
At close: 4:00 PM EST
$61.51
-$0.15(-0.29%)
Day’s Range― - ―
52-Week Range$30.97 - $62.48
Previous CloseN/A
Volume94.09K
Average Volume (3M)730.24K
Market Cap
$5.49B
Enterprise Value$5.26B
Total Cash (Recent Filing)$196.00M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)13.7
Beta0.98
Next Earnings
May 12, 2026EPS Estimate
0.24Next Dividend Ex-DateN/A
Dividend Yield3.56%
Share Statistics
EPS (TTM)0.47
Shares Outstanding89,284,120
10 Day Avg. Volume610,765
30 Day Avg. Volume730,242
Financial Highlights & Ratios
PEG Ratio-0.89
Price to Book (P/B)1.06
Price to Sales (P/S)1.06
P/FCF Ratio4.50
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue1.49
Enterprise Value/Gross Profit3.93
Enterprise Value/Ebitda4.16
Forecast
1Y Price Target
$65.40Price Target Upside6.32% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)1.3
Revenue Forecast (FY)$3.41B
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthMaterial de-leveraging and a stronger equity base plus ~$1.4B liquidity and refinancing actions materially increase financial flexibility. This durable capital structure supports sustained buybacks, disciplined reinvestment, and resilience to commodity downturns over the next 2–6 months.
Free Cash Flow RecoveryA sharp rebound in FCF with strong conversion (~1.0x net income) provides lasting capacity to fund dividends, buybacks and moderate reinvestment while maintaining ~1x leverage. Improved cash conversion reduces financing reliance and enhances multi-quarter capital allocation optionality.
Production, Reserves And Permitting MomentumClear multi-year growth runway from low-decline conventional assets, material 2P inventory and resumed permitting improve execution visibility. Combined with expected Berry synergies, this underpins sustainable volume growth and durable cash generation beyond near-term commodity swings.
Bears Say
Margin CompressionSignificantly compressed margins versus recent years reduce earnings resilience and return on capital. In an E&P business subject to commodity cycles, lower margins increase sensitivity to price declines and could limit sustainable reinvestment and shareholder distributions if commodity conditions worsen.
Regulatory And Permitting Execution RiskCCS commercialization and expanded activity depend on final EPA permits and sustained permitting cadence. Delays or stricter approvals could push out diversification of cash flows and development schedules, constraining long‑term project returns and planned production pacing.
Hedges And Regional Market WeaknessExtensive hedging limits upside to higher oil prices, while softer resource‑adequacy payments and weak California gas realizations reduce near‑term revenue optionality. Together these structural limits constrain upside cash flow variability and reduce margin buffers in the event of sustained price weakness.
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 $62.48 in the past 12 months.
What is California Resources Corp’s market cap?
California Resources Corp’s market cap is $5.49B.
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 70 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 0.24.
How many shares outstanding does California Resources Corp have?
California Resources Corp has 89,284,120 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 4.538%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$65.40 (6.32% Upside)
$65.40 (6.32% Upside)
Blogger Sentiment
Neutral
CRC Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 450.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.36%
12-Months-Change
Fundamentals
Return on Equity
11.06%
Trailing 12-Months
Asset Growth
-5.29%
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
$65.40
▲(6.32% Upside)
Technical Analysis
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Ownership Overview
1.46% Insiders
23.16% Mutual Funds
14.09% Other Institutional Investors
31.26% Public Companies and Individual Investors