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CRC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
63.580
Open
61.500
VWAP
62.64
Vol
875.31K
Mkt Cap
5.57B
Low
61.500
Amount
54.83M
EV/EBITDA(TTM)
5.79
Total Shares
88.60M
EV
6.61B
EV/OCF(TTM)
7.64
P/S(TTM)
1.58
California Resources Corporation is an independent energy and carbon management company committed to energy transition. The Company’s segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide equipment, transportation assets and storage facilities. The Oil and Natural Gas segment explores for, develops and produces crude oil, oil condensate, natural gas liquids and natural gas. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. It has interests in oil and gas fields throughout the San Joaquin basin, including in Elk Hills, Buena Vista, Coles Levee, North Belridge and South Belridge, Kern Front, Lost Hills, Cymric, McKittrick, Midway Sunset and Coalinga. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide. The Company is also focused on Uinta basin.
Show More

Events Timeline

(ET)
2026-03-02
08:30:00
Carbon TerraVault Provides 2025 Operational and Financial Update
select
2026-03-02
08:10:00
CRC Reports Q4 Revenue of $924M, Beating Estimates
select
2026-03-02
08:10:00
CRC Targets 12% Production Growth in 2026 Capital Program
select

News

seekingalpha
8.5
03-11seekingalpha
PinnedCalifornia Resources Plans $250 Million Bond Offering
  • Bond Offering Plan: California Resources Corporation plans to offer $250 million in 7.000% senior unsecured notes due 2034, contingent on market conditions, aimed at optimizing its capital structure and reducing financing costs.
  • Clear Use of Proceeds: The proceeds from this bond issuance will be combined with cash on hand and borrowings under its revolving credit facility to redeem $250 million of its 8.250% senior unsecured notes due 2029, thereby lowering future interest expenses.
  • Market Positioning Strategy: The new notes will be issued as additional securities under the same indenture as the $400 million of 7.000% senior notes issued in October 2025, ensuring transparency and consistency in the company's debt structure for investors.
  • Private Placement Approach: The notes will be offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S, aiming to attract more international investors and enhance market liquidity.
moomoo
8.5
03-11moomoo
PinnedCALIFORNIA RESOURCES CORP - ADDITIONAL NOTES OFFERED ON TOP OF $400 MILLION IN 7.000% SENIOR NOTES ISSUED ON OCTOBER 8, 2025
  • California Resources Corp. Announcement: The company has offered an additional $400 million in senior notes.

  • Details of the Notes: The senior notes have a fixed interest rate of 7.00% and are set to be issued on October 8, 2025.

moomoo
8.5
03-11moomoo
PinnedCALIFORNIA RESOURCES CORP PLANS TO ISSUE $250 MILLION IN 7.000% SENIOR UNSECURED NOTES MATURING IN 2034
  • Financial Offering: California Resources Corporation is offering $250 million in senior unsecured notes.

  • Interest Rate and Maturity: The notes will have an interest rate of 7.00% and are due in 2034.

seekingalpha
8.5
03-11seekingalpha
California Resources Upsizes Private Offering to $350 Million in Senior Unsecured Notes
  • Upsized Offering: California Resources Corporation announced an increase in its previously planned $250 million senior unsecured notes offering to $350 million, with a coupon rate of 7.000% priced at 100.500% of par, indicating strong market demand for its financing needs.
  • Interest Payment Structure: The newly issued notes will commence semi-annual interest payments starting July 15, 2026, providing the company with a stable cash flow to support future operations and investments.
  • Clear Use of Proceeds: The company intends to use the proceeds from this offering, along with cash or borrowings from its revolving credit facility, to redeem $350 million of 8.250% senior notes due 2029, aiming to reduce financing costs and optimize its capital structure.
  • Regulatory Compliance: The notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S, ensuring broad access to capital while maintaining compliance, thereby enhancing the company's market credibility.
NASDAQ.COM
8.0
03-10NASDAQ.COM
California Resources Corp Dividend Analysis
  • Dividend Yield Expectation: California Resources Corp (CRC) currently has an annualized dividend yield of 2.6%, which is based on historical data of the company's profitability fluctuations, indicating that dividends may continue if earnings remain stable.
  • Historical Volatility Analysis: With a historical volatility of 42% calculated from the last 251 trading days' closing prices, this provides investors with a basis for assessing risk and reward, particularly when considering selling covered calls at a strike price of $72.50.
  • Options Trading Dynamics: On Tuesday, the put volume among S&P 500 components was 681,846 contracts, while call volume reached 1.31 million contracts, resulting in a put:call ratio of 0.52, indicating a preference for call options among investors.
  • Market Sentiment Indicator: The current put:call ratio is below the long-term median of 0.65, suggesting a strong bullish sentiment towards California Resources Corp, potentially reflecting investor optimism regarding future earnings growth.
seekingalpha
9.5
03-02seekingalpha
California Resources Corporation Q4 2025 Earnings Call Highlights
  • Sustained Production Growth: Despite a 14% year-over-year decline in commodity prices, California Resources Corporation (CRC) achieved production growth for the third consecutive year, with CEO Francisco Leon emphasizing further growth expected in 2026, showcasing the company's unique position in California's energy and decarbonization landscape.
  • Strong Financial Performance: The company reported adjusted EBITDAX of $251 million and free cash flow of $115 million in Q4, with nearly $1.25 billion of adjusted EBITDAX generated for the full year, reflecting robust capital discipline and returns, as 94% of free cash flow was returned to shareholders.
  • CCS Project Progress: CRC's first commercial-scale Carbon Capture and Storage (CCS) project at Elk Hills is complete and in the commissioning phase, having successfully captured CO2 and awaiting final EPA approval, marking significant progress in the company's carbon management strategy.
  • Optimistic Future Outlook: The company expects to generate approximately $1 billion of adjusted EBITDAX in 2026 with capital spending projected at around $450 million, and net production anticipated to increase by 12% year-over-year to 155,000 barrels of oil equivalent per day, demonstrating strong growth potential and flexible capital planning capabilities.
Wall Street analysts forecast CRC stock price to rise
9 Analyst Rating
Wall Street analysts forecast CRC stock price to rise
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
56.00
Averages
64.33
High
72.00
Current: 0.000
sliders
Low
56.00
Averages
64.33
High
72.00
Jefferies
Emma Schwartz
Buy
maintain
$62 -> $84
AI Analysis
2026-03-08
New
Reason
Jefferies
Emma Schwartz
Price Target
$62 -> $84
AI Analysis
2026-03-08
New
maintain
Buy
Reason
Jefferies analyst Emma Schwartz raised the firm's price target on California Resources to $84 from $62 and keeps a Buy rating on the shares after hosting meetings with management. The analyst left "incrementally more positive" on the shares. The firm multiple catalysts to unlock value in 2026 across the business. As California's largest oil and gas producer, California Resources is well positioned to capitalize on improved permitting post SB-237, the analyst tells investors in a research note.
UBS
Buy
maintain
$63 -> $75
2026-03-05
Reason
UBS
Price Target
$63 -> $75
2026-03-05
maintain
Buy
Reason
UBS raised the firm's price target on California Resources to $75 from $63 and keeps a Buy rating on the shares. Energy is viewed as offering attractive risk/reward, with the higher price target reflecting a $10/bbl increase in 2026 oil price assumptions to $68 WTI and $72 Brent and a modest valuation multiple expansion due to geopolitical risk, the analyst tells investors in a research note. Markets appear to underprice prolonged Middle East conflict and potential Qatar gas supply disruptions, which could lift oil and natural gas prices and drive the strongest free cash flow upside for companies producing both oil and gas, the firm says.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CRC
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Valuation Metrics

The current forward P/E ratio for California Resources Corp (CRC.N) is 23.35, compared to its 5-year average forward P/E of 9.95. For a more detailed relative valuation and DCF analysis to assess California Resources Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.95
Current PE
23.35
Overvalued PE
13.92
Undervalued PE
5.98

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
3.97
Current EV/EBITDA
4.50
Overvalued EV/EBITDA
4.54
Undervalued EV/EBITDA
3.40

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.31
Current PS
1.12
Overvalued PS
1.50
Undervalued PS
1.12

Financials

AI Analysis
Annual
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Frequently Asked Questions

What is California Resources Corp (CRC) stock price today?

The current price of CRC is 62.83 USD — it has increased 1.93

What is California Resources Corp (CRC)'s business?

California Resources Corporation is an independent energy and carbon management company committed to energy transition. The Company’s segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide equipment, transportation assets and storage facilities. The Oil and Natural Gas segment explores for, develops and produces crude oil, oil condensate, natural gas liquids and natural gas. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. It has interests in oil and gas fields throughout the San Joaquin basin, including in Elk Hills, Buena Vista, Coles Levee, North Belridge and South Belridge, Kern Front, Lost Hills, Cymric, McKittrick, Midway Sunset and Coalinga. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide. The Company is also focused on Uinta basin.

What is the price predicton of CRC Stock?

Wall Street analysts forecast CRC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRC is64.33 USD with a low forecast of 56.00 USD and a high forecast of 72.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is California Resources Corp (CRC)'s revenue for the last quarter?

California Resources Corp revenue for the last quarter amounts to 798.00M USD, decreased -13.82

What is California Resources Corp (CRC)'s earnings per share (EPS) for the last quarter?

California Resources Corp. EPS for the last quarter amounts to 0.14 USD, decreased -61.11

How many employees does California Resources Corp (CRC). have?

California Resources Corp (CRC) has 2500 emplpoyees as of March 12 2026.

What is California Resources Corp (CRC) market cap?

Today CRC has the market capitalization of 5.57B USD.