California Resources Corporation (CRC)
$
43.97
+0.14 (0.32%)
Key metrics
Financial statements
Free cash flow per share
6.6204
Market cap
4 Billion
Price to sales ratio
1.2025
Debt to equity
0.3457
Current ratio
1.0449
Income quality
1.6303
Average inventory
45 Million
ROE
0.1345
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
California Resources Corporation operates as an independent oil and natural gas company, engaging in the exploration, production, gathering, processing, and marketing of crude oil, natural gas, and natural gas liquids for various marketers, California refineries, and other purchasers with access to transportation and storage facilities. The weighted average number of diluted shares outstanding is 81,400,000.00 reflecting potential dilution effects. The company's stock is identified with the symbol 'CRC' in the market. As of December 31, 2021, it held interests in approximately 1.9 million net mineral acres, with proved reserves estimated at 480 million barrels of oil equivalent. The net total of other income and expenses is -$104,000,000.00 reflecting non-core financial activities. Additionally, the company reported a substantial revenue of $3,198,000,000.00 showcasing its strong market presence. Furthermore, it engages in the generation and sale of electricity to local utilities and the grid. California Resources Corporation was incorporated in 2014 and is based in Santa Clarita, California. The stock is reasonably priced at $43.99 appealing to a broad range of investors. With an average trading volume of 1,019,370.00 the stock indicates moderate liquidity, making it accessible for active traders. The company, with a mid-range market capitalization of $3,985,735,399.00 is recognized as a steady performer in the oil and natural gas sector. As a key player in the Oil & Gas Exploration & Production industry, California Resources Corporation contributes significantly to the overall market landscape. It belongs to the Energy sector, driving innovation and growth within its operational framework and enhancing its role in the energy market.
Analysts predict California Resources Corporation stock to fluctuate between $38.02 (low) and $60.41 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-01, California Resources Corporation's market cap is $3,985,735,399, based on 90,646,700 outstanding shares.
Compared to Exxon Mobil Corporation, California Resources Corporation has a Lower Market-Cap, indicating a difference in performance.
To buy California Resources Corporation (CRC) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for CRC. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bullish trend based on economic conditions and company performance.
Revenue: $3,198,000,000 | EPS: $4.74 | Growth: -41.48%.
Visit https://www.crc.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $60.41 (2024-11-06) | All-time low: $21.79 (2021-04-23).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
benzinga.com
J.P. Morgan analyst Alejandra Magana maintained a Neutral rating on California Resources Corporation CRC with a price forecast of $63.
seekingalpha.com
California Resources Corporation (NYSE:CRC ) Q4 2024 Earnings Conference Call March 3, 2025 1:00 PM ET Company Participants Joanna Park - VP, IR & Treasurer Francisco Leon - CEO, President & Director Clio Crespy - EVP & CFO Francisco Leon - CEO, President & Director Jay Bys - EVP & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Merrill Lynch Nate Pendleton - Texas Capital Josh Silverstein - UBS Betty Jiang - Barclays Neal Dingmann - Truist Securities David Deckelbaum - TD Cowen Alejandra Magana - JPMorgan Leo Mariani - Roth Michael Scialla - Stephens Operator Good day, and welcome to the California Resources Corporation Fourth Quarter and Year-End 2024 Earnings Conference Call. [Operator Instructions] Note this event is being recorded.
zacks.com
California Resources Corporation (CRC) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.93 per share a year ago.
globenewswire.com
Achieves Meaningful Capital Efficiency Improvements and Significant Cost Reductions Following Aera Merger LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the fourth quarter and full year 2024, as well as its guidance for 2025.
globenewswire.com
Signs Carbon Management MOU 1 with National Cement for California's First Net Zero Cement Facility LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), provided a 2024 update and announced the signing of a Memorandum of Understanding1 (MOU) to help achieve California's first net zero cement facility in partnership with National Cement Company of California Inc. (National Cement).
globenewswire.com
Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO 2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced the signing of a Memorandum of Understanding1 (MOU) with National Cement Company of California Inc. (National Cement) to provide carbon management services for the “Lebec Net Zero” - a first-of-its-kind initiative to produce carbon-neutral cement at National Cement's facility in California.
zacks.com
Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with California Resources Corporation (CRC) and Range Resources (RRC). But which of these two stocks presents investors with the better value opportunity right now?
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