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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

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High
71.980
Open
69.240
VWAP
69.79
Vol
2.06M
Mkt Cap
6.14B
Low
68.170
Amount
143.86M
EV/EBITDA(TTM)
6.37
Total Shares
88.74M
EV
7.28B
EV/OCF(TTM)
8.42
P/S(TTM)
1.77
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.
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Events Timeline

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News

NASDAQ.COM
4.5
03-30NASDAQ.COM
NASDAQ 100 Pre-Market Indicator Rises Significantly
  • Market Indicator Surge: The NASDAQ 100 Pre-Market Indicator rises by 190.77 points to 23,323.54, indicating a positive shift in market sentiment that may attract more investors to tech stocks.
  • Active Stock Performance: NIO Inc. (NIO) increases by 0.1799 to $5.49 with a trading volume of 1,285,942 shares, currently at 83.82% of its target price of $6.55, reflecting market confidence in its future growth.
  • Nokia Price Recovery: Nokia Corporation (NOK) rises by 0.11 to $8.09 with 627,214 shares traded, currently exceeding its target price of $7.73 by 104.66%, indicating optimism about its business outlook.
  • IonQ Buy Recommendation: IonQ, Inc. (IONQ) climbs by 0.52 to $28.03 with a trading volume of 526,164 shares, as Zacks reports its average recommendation is in the 'buy range', showcasing investor recognition of its technology.
CNBC
8.5
03-25CNBC
Investment Opportunities in Small-Cap and Dividend Stocks Amid Market Volatility
  • Small-Cap Resilience: Despite the S&P 500's approximately 4% decline year-to-date, the small-cap focused Russell 2000 index shows slight positive movement in 2026, indicating resilience in small-cap stocks that may attract investors seeking stable income during market volatility.
  • Mid-Cap Outperformance: The mid-cap S&P 400 index has gained nearly 3% year-to-date, appealing to investors due to its relative stability and lower valuations, suggesting that mid-cap stocks may represent a safer investment choice in the current market environment.
  • Defensive Dividend Stocks: Dividend-paying stocks have outperformed the broader market this year as they provide reliable income to smooth out market fluctuations, and combining investments in small- and mid-cap stocks could yield success for investors focusing on quality names.
  • Energy Sector Potential: Among the screened stocks, three are in the energy sector and benefit from rising oil prices, with analysts projecting at least 10% upside to their average 12-month price targets, highlighting the increased attractiveness of energy stocks amid geopolitical risks.
NASDAQ.COM
4.5
03-13NASDAQ.COM
NASDAQ 100 Pre-Market Update Highlights Active Stocks
  • Pre-Market Indicator Rise: The NASDAQ 100 Pre-Market Indicator increased by 108.49 points to 24,642.07, indicating a positive market sentiment that could set the tone for today's trading.
  • Active Stock Performance: Haleon plc (HLN) is trading at $10.06, which is 75.07% of its target price of $13.4, reflecting cautious market sentiment regarding its future performance.
  • Nokia Price Recovery: Nokia Corporation (NOK) rose by $0.15 to $8.29, currently exceeding its target price of $7.73 by 107.24%, indicating optimistic market expectations for its prospects.
  • Circle Internet Group's Positive Outlook: Circle Internet Group, Inc. (CRCL) increased by $3.89 to $118.07, currently surpassing its target price of $98 by 120.48%, with upward revisions in its EPS forecast for fiscal Q3 2026, suggesting improved earnings expectations.
moomoo
5.0
03-12moomoo
California Resources (CRC.US) 10% Stakeholder Plans to Sell $213.85 Million in Common Stock via Form 144
  • Stock Sale Announcement: California Resources Corporation (CRC) plans to sell 3.5 million shares of its common stock on March 12.

  • Market Value: The total market value of the shares being sold is approximately $213.85 million.

NASDAQ.COM
4.5
03-12NASDAQ.COM
XOP ETF 52-Week Price Range Analysis
  • Price Range Analysis: The XOP ETF has a 52-week low of $99.01 and a high of $167.66, with the latest trade at $167.32, indicating stability near its peak, which may attract investor interest in its price movements.
  • Technical Analysis Tool: Comparing the recent share price to the 200-day moving average can provide valuable insights for investors, helping them assess market trends and potential buy or sell opportunities.
  • ETF Unit Trading Mechanism: ETFs trade similarly to stocks, where investors are buying and selling 'units' that can be created or destroyed based on investor demand, impacting the ETF's liquidity and market performance.
  • Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs allows for tracking those experiencing notable inflows (new units created) or outflows (old units destroyed), as these liquidity shifts can affect the performance of individual stocks held within the ETFs.
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.
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
Citi
Scott Gruber
Neutral
maintain
$67 -> $74
AI Analysis
2026-03-29
New
Reason
Citi
Scott Gruber
Price Target
$67 -> $74
AI Analysis
2026-03-29
New
maintain
Neutral
Reason
Citi analyst Scott Gruber raised the firm's price target on California Resources to $74 from $67 and keeps a Neutral rating on the shares. Citi updated models in the oil exploration and production group to reflect its higher oil price forecasts.
JPMorgan
Overweight
upgrade
$72 -> $86
2026-03-20
Reason
JPMorgan
Price Target
$72 -> $86
2026-03-20
upgrade
Overweight
Reason
JPMorgan raised the firm's price target on California Resources to $86 from $72 and keeps an Overweight rating on the shares. The firm says oil market fundamentals "shifted on a dime" due to the Middle East conflict. The war has significantly reduced global productive capacity and "quickly evaporated the risk" of a supply glut in 2026 following the closure of the Strait of Hormuz, the analyst tells investors in a research note. JPMorgan would not be surprised to see a $5-$10 per barrel geopolitical risk premium embedded into the long-end of the oil price curve.
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 10.03. 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
10.03
Current PE
23.35
Overvalued PE
13.97
Undervalued PE
6.08

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
3.99
Current EV/EBITDA
4.50
Overvalued EV/EBITDA
4.54
Undervalued EV/EBITDA
3.43

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
Quarterly

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Whales Holding CRC

S
Sourcerock Group LLC
Holding
CRC
+40.90%
3M Return
P
Private Management Group Inc
Holding
CRC
+5.86%
3M Return
C
Channing Capital Management, LLC
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3M Return
C
Covalis Capital LLP
Holding
CRC
-5.71%
3M Return

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Frequently Asked Questions

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

The current price of CRC is 69.22 USD — it has increased 0.48

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 April 01 2026.

What is California Resources Corp (CRC) market cap?

Today CRC has the market capitalization of 6.14B USD.