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California Resources (CRC) Stock Price, News & Analysis

California Resources logo
$41.58 +0.09 (+0.20%)
Closing price 03/10/2025 03:59 PM Eastern
Extended Trading
$41.53 -0.05 (-0.11%)
As of 03/10/2025 04:32 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About California Resources Stock (NYSE:CRC)

Key Stats

Today's Range
$41.04
$42.22
50-Day Range
$39.15
$54.34
52-Week Range
$38.02
$60.41
Volume
980,203 shs
Average Volume
790,141 shs
Market Capitalization
$3.77 billion
P/E Ratio
6.55
Dividend Yield
3.73%
Price Target
$67.08
Consensus Rating
Moderate Buy

Company Overview

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, 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. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, California.

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California Resources Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
81st Percentile Overall Score

CRC MarketRank™: 

California Resources scored higher than 81% of companies evaluated by MarketBeat, and ranked 75th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    California Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    California Resources has only been the subject of 4 research reports in the past 90 days.

  • Read more about California Resources' stock forecast and price target.
  • Earnings Growth

    Earnings for California Resources are expected to grow by 5.97% in the coming year, from $3.85 to $4.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of California Resources is 6.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of California Resources is 6.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.08.

  • Price to Earnings Growth Ratio

    California Resources has a PEG Ratio of 1.02. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    California Resources has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about California Resources' valuation and earnings.
  • Percentage of Shares Shorted

    5.46% of the float of California Resources has been sold short.
  • Short Interest Ratio / Days to Cover

    California Resources has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in California Resources has recently increased by 6.74%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    California Resources is a leading dividend payer. It pays a dividend yield of 3.78%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    California Resources does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of California Resources is 37.71%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, California Resources will have a dividend payout ratio of 37.99% next year. This indicates that California Resources will be able to sustain or increase its dividend.

  • Read more about California Resources' dividend.
  • Percentage of Shares Shorted

    5.46% of the float of California Resources has been sold short.
  • Short Interest Ratio / Days to Cover

    California Resources has a short interest ratio ("days to cover") of 6.
  • Change versus previous month

    Short interest in California Resources has recently increased by 6.74%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    California Resources has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 40 news articles for California Resources this week, compared to 6 articles on an average week.
  • Search Interest

    Only 2 people have searched for CRC on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added California Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, California Resources insiders have sold 1,020.96% more of their company's stock than they have bought. Specifically, they have bought $78,840.00 in company stock and sold $883,763.00 in company stock.

  • Percentage Held by Insiders

    Only 0.03% of the stock of California Resources is held by insiders.

  • Percentage Held by Institutions

    97.79% of the stock of California Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about California Resources' insider trading history.
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CRC Stock News Headlines

A deadly mistake in my prediction…
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
Q2 EPS Forecast for California Resources Raised by Analyst
Brokers Issue Forecasts for CRC FY2026 Earnings
Roth Capital Has Bullish Estimate for CRC Q1 Earnings
See More Headlines

CRC Stock Analysis - Frequently Asked Questions

California Resources' stock was trading at $51.89 on January 1st, 2025. Since then, CRC shares have decreased by 19.9% and is now trading at $41.5750.
View the best growth stocks for 2025 here
.

California Resources Co. (NYSE:CRC) posted its quarterly earnings results on Monday, March, 3rd. The oil and gas producer reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by $0.05. The oil and gas producer had revenue of $877 million for the quarter, compared to analyst estimates of $901.36 million. California Resources had a trailing twelve-month return on equity of 12.16% and a net margin of 17.43%.

California Resources shares reverse split on the morning of Wednesday, June 1st 2016. The 1-10 reverse split was announced on Monday, May 9th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 31st 2016. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Top institutional shareholders of California Resources include Vanguard Group Inc. (10.23%), First Trust Advisors LP (7.46%), Dimensional Fund Advisors LP (3.90%) and American Century Companies Inc. (2.55%). Insiders that own company stock include Francisco Leon, Mark Allen Mcfarland, William B Roby, James N Chapman, Omar Hayat, Christian S Kendall, Noelle M Repetti and Goldentree Asset Management Lp.
View institutional ownership trends
.

Shares of CRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that California Resources investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX), Tesla (TSLA), Exxon Mobil (XOM) and Broadcom (AVGO).

Company Calendar

Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Last Earnings
3/03/2025
Ex-Dividend for 3/21 Dividend
3/10/2025
Today
3/11/2025
Dividend Payable
3/21/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSE:CRC
Fax
N/A
Employees
1,060
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$67.08
High Stock Price Target
$75.00
Low Stock Price Target
$55.00
Potential Upside/Downside
+61.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
13 Analysts

Profitability

Trailing P/E Ratio
6.55
Forward P/E Ratio
10.80
P/E Growth
1.02
Net Income
$564 million
Pretax Margin
24.35%

Debt

Sales & Book Value

Annual Sales
$2.93 billion
Cash Flow
$7.41 per share
Price / Cash Flow
5.61
Book Value
$32.34 per share
Price / Book
1.29

Miscellaneous

Free Float
91,346,000
Market Cap
$3.77 billion
Optionable
Optionable
Beta
1.06

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This page (NYSE:CRC) was last updated on 3/11/2025 by MarketBeat.com Staff
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