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California Resources (CRC) Competitors

California Resources logo
$50.56 -0.42 (-0.82%)
(As of 12/20/2024 05:31 PM ET)

CRC vs. PR, OVV, AR, VNOM, SUN, HESM, CHRD, VIST, VVV, and MGY

Should you be buying California Resources stock or one of its competitors? The main competitors of California Resources include Permian Resources (PR), Ovintiv (OVV), Antero Resources (AR), Viper Energy (VNOM), Sunoco (SUN), Hess Midstream (HESM), Chord Energy (CHRD), Vista Energy (VIST), Valvoline (VVV), and Magnolia Oil & Gas (MGY). These companies are all part of the "petroleum and natural gas" industry.

California Resources vs.

California Resources (NYSE:CRC) and Permian Resources (NYSE:PR) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, community ranking, dividends, profitability and analyst recommendations.

California Resources has a beta of 1.01, suggesting that its share price is 1% more volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.35, suggesting that its share price is 335% more volatile than the S&P 500.

97.8% of California Resources shares are owned by institutional investors. Comparatively, 91.8% of Permian Resources shares are owned by institutional investors. 0.0% of California Resources shares are owned by insiders. Comparatively, 12.8% of Permian Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

California Resources received 314 more outperform votes than Permian Resources when rated by MarketBeat users. However, 63.27% of users gave Permian Resources an outperform vote while only 61.24% of users gave California Resources an outperform vote.

CompanyUnderperformOutperform
California ResourcesOutperform Votes
376
61.24%
Underperform Votes
238
38.76%
Permian ResourcesOutperform Votes
62
63.27%
Underperform Votes
36
36.73%

California Resources pays an annual dividend of $1.55 per share and has a dividend yield of 3.1%. Permian Resources pays an annual dividend of $0.60 per share and has a dividend yield of 4.4%. California Resources pays out 24.4% of its earnings in the form of a dividend. Permian Resources pays out 36.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Permian Resources has a net margin of 21.20% compared to California Resources' net margin of 17.43%. California Resources' return on equity of 12.16% beat Permian Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
California Resources17.43% 12.16% 6.15%
Permian Resources 21.20%11.15%6.93%

In the previous week, Permian Resources had 1 more articles in the media than California Resources. MarketBeat recorded 11 mentions for Permian Resources and 10 mentions for California Resources. California Resources' average media sentiment score of 0.91 beat Permian Resources' score of 0.86 indicating that California Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
California Resources
6 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Permian Resources
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

California Resources presently has a consensus target price of $66.09, suggesting a potential upside of 30.72%. Permian Resources has a consensus target price of $18.87, suggesting a potential upside of 38.73%. Given Permian Resources' stronger consensus rating and higher possible upside, analysts clearly believe Permian Resources is more favorable than California Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
California Resources
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92
Permian Resources
0 Sell rating(s)
2 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.94

California Resources has higher earnings, but lower revenue than Permian Resources. California Resources is trading at a lower price-to-earnings ratio than Permian Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
California Resources$2.64B1.75$564M$6.357.96
Permian Resources$4.83B2.26$476.31M$1.658.24

Summary

Permian Resources beats California Resources on 13 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CRC vs. The Competition

MetricCalifornia ResourcesCrude petroleum & natural gas IndustryEnergy SectorNYSE Exchange
Market Cap$4.62B$7.85B$8.06B$19.18B
Dividend Yield3.03%23.57%11.61%3.58%
P/E Ratio7.9611.1715.8141.22
Price / Sales1.756.57110.5917.58
Price / Cash6.536.9410.6321.28
Price / Book1.561.723.735.32
Net Income$564M$1.20B$955.68M$989.67M
7 Day Performance-7.94%-4.77%-3.45%-3.45%
1 Month Performance-15.07%-9.18%-5.46%-3.73%
1 Year Performance-7.60%-6.12%1.40%12.06%

California Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CRC
California Resources
4.4951 of 5 stars
$50.56
-0.8%
$66.09
+30.7%
-6.5%$4.62B$2.64B7.961,060Analyst Forecast
Gap Down
High Trading Volume
PR
Permian Resources
4.9249 of 5 stars
$14.23
-3.1%
$18.93
+33.1%
+3.0%$11.43B$3.12B8.90461Analyst Forecast
OVV
Ovintiv
4.7206 of 5 stars
$39.85
-1.6%
$56.59
+42.0%
-12.8%$10.37B$10.88B5.371,743Analyst Forecast
AR
Antero Resources
3.6306 of 5 stars
$31.74
-1.9%
$34.33
+8.2%
+42.4%$9.88B$4.08B227.14590Analyst Upgrade
Options Volume
VNOM
Viper Energy
3.5892 of 5 stars
$51.14
-0.1%
$58.27
+13.9%
+50.5%$9.64B$835.80M21.97711Analyst Forecast
SUN
Sunoco
2.5651 of 5 stars
$53.18
-0.3%
$62.75
+18.0%
-13.6%$8.11B$23.07B12.272,389
HESM
Hess Midstream
2.7263 of 5 stars
$36.64
-0.2%
$38.67
+5.5%
+16.0%$7.99B$1.35B15.50200Positive News
CHRD
Chord Energy
4.8028 of 5 stars
$116.64
-2.2%
$184.55
+58.2%
-33.1%$7.13B$3.90B6.01530Analyst Forecast
Insider Trade
VIST
Vista Energy
4.3149 of 5 stars
$58.11
+0.2%
$59.80
+2.9%
+72.1%$5.53B$1.17B11.24410
VVV
Valvoline
4.8969 of 5 stars
$37.78
-1.5%
$46.25
+22.4%
-2.0%$4.85B$1.62B23.6811,500Analyst Forecast
Positive News
MGY
Magnolia Oil & Gas
3.2424 of 5 stars
$24.66
-2.7%
$27.75
+12.5%
+6.6%$4.85B$1.23B12.26247Analyst Forecast

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This page (NYSE:CRC) was last updated on 12/21/2024 by MarketBeat.com Staff
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