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California Resources Corp (CRC)
:CRC
CRC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$38.02 - $60.41
Previous CloseN/A
Volume94.09K
Average Volume (3M)1.31M
Market Cap
$3.97B
Enterprise Value$5.77B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)9.5
Beta0.91
Next Earnings
May 07, 2025EPS Estimate
0.82Last Dividend Ex-Date
Mar 10, 2025Dividend Yield3.18%
Share Statistics
EPS (TTM)4.11
Shares Outstanding90,646,670
10 Day Avg. Volume2,196,192
30 Day Avg. Volume1,307,632
Financial Highlights & Ratios
PEG Ratio3.39
Price to Book (P/B)N/A
Price to Sales (P/S)1.38
Price to Cash Flow (P/CF)4.50
P/FCF Ratio7.00
Enterprise Value/Market Cap1.45
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit1.80
Enterprise Value/Ebitda5.16
Forecast
1Y Price Target
$67.86Price Target Upside54.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
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California Resources Corp News
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Bulls Say, Bears Say
Bulls Say
Carbon Capture And SequestrationCRC's FID marks a significant milestone for the company's development of carbon capture, and successful execution of CTV I 26-R should lead to investors ascribing more value to the overall CCS business.
Financial PerformanceCRC's 4Q was a beat with oil volumes in line, EBITDAX beat by 6%, and capex 7% below estimates.
Operational Efficiency2025 guidance highlighted a more capex efficient program with production guided to 135 MBOED for $310m of spend, which is 18% lower capex than expected.
Bears Say
Equity Issuance ConcernsEquity issuance to PE investors has been a thematic overhang, with concerns about share sales as 6.5m shares held by IKAV and CPPIB are no longer restricted.
Market ConditionsAn oversupplied oil market is anticipated, which could negatively impact CRC's performance due to its sensitivity to oil prices.
Regulatory ChallengesCRC faces challenges due to regulatory uncertainty, affecting its oil and gas permit approvals and delaying its carbon capture project's volume ramp-up.
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Ownership Overview
0.91% Insiders
21.88% Mutual Funds
0.03% Other Institutional Investors
43.17% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRC FAQ
What was California Resources Corp’s price range in the past 12 months?
California Resources Corp lowest stock price was $38.02 and its highest was $60.41 in the past 12 months.
What is California Resources Corp’s market cap?
California Resources Corp’s market cap is $3.97B.
When is California Resources Corp’s upcoming earnings report date?
California Resources Corp’s upcoming earnings report date is May 07, 2025 which is in 36 days.
How were California Resources Corp’s earnings last quarter?
California Resources Corp released its earnings results on Mar 03, 2025. The company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.989 by -$0.079.
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 $1.471 which represents an annual dividend yield of 3.18%. See more information on California Resources Corp dividends here
What is California Resources Corp’s EPS estimate?
California Resources Corp’s EPS estimate is 0.82.
How many shares outstanding does California Resources Corp have?
California Resources Corp has 90,646,670 shares outstanding.
What happened to California Resources Corp’s price movement after its last earnings report?
California Resources Corp reported an EPS of $0.91 in its last earnings report, missing expectations of $0.989. Following the earnings report the stock price went down -10.95%.
Which hedge fund is a major shareholder of California Resources Corp?
Currently, no hedge funds are holding shares in CRC
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California Resources Corp Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$67.86 (54.83% Upside)
$67.86 (54.83% Upside)
Hedge Fund Trend
Decreased
By 2.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $79.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.8%
Last 30 Days ▼ 1.7%
Last 30 Days ▼ 1.7%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.04%
12-Months-Change
Fundamentals
Return on Equity
13.06%
Trailing 12-Months
Asset Growth
78.46%
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.
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CRC Company Deck
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CRC Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
CRC demonstrated strong financial performance and growth in its carbon management and power segments, achieving significant cost reductions and synergies. However, stock price challenges and dependence on regulatory approvals pose potential risks. The company's proactive measures in shareholder returns and strategic partnerships indicate a positive outlook.Read More>---
CRC Stock 12 Month Forecast
Average Price Target
$67.86
▲(54.83% Upside)
Technical Analysis
Best Analysts Covering CRC
1 Year
1 Year Success Rate
9/13 ratings generated profit
1 Year Average Return
+8.40%
reiterated a buy rating 11 months ago
Copying Nathaniel Pendleton's trades and holding each position for 1 Year would result in 69.23% of your transactions generating a profit, with an average return of +8.40% per trade.
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