California Resources Corp (CRC)
NYSE:CRC
Want to see CRC full AI Analyst Report?
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$35.93 - $71.98
Previous CloseN/A
Volume94.09K
Average Volume (3M)1.16M
Market Cap
$5.45B
Enterprise Value$5.35B
Total Cash (Recent Filing)$132.00M
Total Debt (Recent Filing)$1.36B
Price to Earnings (P/E)―
Beta0.76
Next Earnings
Jul 30, 2026EPS Estimate
1.48Next Dividend Ex-DateN/A
Dividend Yield3.56%
Share Statistics
EPS (TTM)4.10
Shares Outstanding88,736,890
10 Day Avg. Volume820,384
30 Day Avg. Volume1,155,174
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 Cap0.98
Enterprise Value/Revenue1.54
Enterprise Value/Gross Profit4.12
Enterprise Value/Ebitda4.00
Forecast
1Y Price Target
$79.60Price Target Upside26.87% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
EPS Forecast (FY)5.28
Revenue Forecast (FY)$3.94B
Bulls Say, Bears Say
Bulls Say
Robust Free Cash Flow GenerationSustained, material free cash flow (~$865M in 2025) provides durable capacity to fund high-return drilling, fund merger synergies, pay down debt, and return capital to shareholders. Strong cash conversion improves resilience through commodity cycles and supports multi-year capital allocation flexibility.
Improved Balance Sheet And Liability ManagementProactive liability management—extending maturities and refinancing higher-coupon debt—reduces near-term refinancing risk and interest burden. Net leverage near ~1.1x and rising equity strengthen financial flexibility to fund growth, absorb downturns, and support sustained shareholder distributions.
CCS And Power/data-center Diversification OpportunityOwning commercial-scale CCS at Elk Hills and pairing gas/power assets with data-center demand creates a structural, higher-margin diversification pathway. This leverages unique surface estate and regulatory tailwinds in California to monetize non-core assets and support long-term demand for clean, firm power.
Bears Say
Margin Compression And CyclicalityMaterial margin erosion over recent years highlights sensitivity to commodity prices and cost dynamics; lower profitability reduces the cushion for reinvestment and distributions. In a cyclical E&P business, persistent margin compression would pressure returns on capital and could force tougher capital allocation choices.
Quarter-to-quarter Production Volatility From PSC MechanicsContractual PSC cost-recovery timing and scheduled maintenance create recurring, structural swings in reported net production and near-term cash flows. That volatility complicates forecasting, capital pacing, and the reliability of short-run guidance, increasing execution risk for multi-quarter planning.
Uinta Acreage Development UncertaintyUinta represents optional upside but is not yet a proven growth engine. Limited appraisal activity and potential monetization mean the asset's returns and timing are uncertain, making it unreliable for medium-term production growth and complicating longer-term resource base visibility.
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 $35.93 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 $5.45B.
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 84 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 1.48.
How many shares outstanding does California Resources Corp have?
California Resources Corp has 88,736,890 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 -12.363%.
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:
$79.60 (26.87% Upside)
$79.60 (26.87% Upside)
Blogger Sentiment
Bullish
CRC Sentiment 67%
Sector Average 73%
Sector Average 73%
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
Very Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.56%
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
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
$79.60
▲(26.87% Upside)
Technical Analysis
Comstock Resources
―
CNX Resources
―
Murphy Oil
―
Magnolia Oil & Gas
―
Vista Energy SAB de CV
―
Ownership Overview
9.40% Insiders
26.44% Mutual Funds
1.14% Other Institutional Investors
31.79% Public Companies and Individual Investors