California Resources/$CRC
1D1W1MYTD1Y5YMAX
Capital at risk
About California Resources
California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
- Ticker
- $CRC
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 2,500
- Headquarters
- Long Beach, United States
- Website
- www.crc.com
CRC Metrics
BasicAdvanced
$4.6B
-
-$1.40
0.90
$1.62
3.11%
Price and volume
Market cap
$4.6B
Beta
0.9
52-week high
$71.98
52-week low
$43.25
Average daily volume
879K
Dividend rate
$1.62
Financial strength
Current ratio
0.661
Quick ratio
0.497
Long term debt to equity
0.392
Total debt to equity
0.396
Interest coverage (TTM)
0.24%
Profitability
EBITDA (TTM)
576
Gross margin (TTM)
56.76%
Net profit margin (TTM)
-3.24%
Operating margin (TTM)
1.61%
Effective tax rate (TTM)
40.69%
Revenue per employee (TTM)
$1,490,000
Management effectiveness
Return on assets (TTM)
0.24%
Return on equity (TTM)
-3.55%
Valuation
Price to revenue (TTM)
1.204
Price to book
1.36
Price to tangible book (TTM)
1.36
Price to free cash flow (TTM)
11.683
Free cash flow yield (TTM)
8.56%
Free cash flow per share (TTM)
4.453
Dividend yield (TTM)
3.11%
Forward dividend yield
3.11%
Growth
Revenue change (TTM)
2.33%
Earnings per share change (TTM)
-119.47%
3-year revenue growth (CAGR)
5.31%
10-year revenue growth (CAGR)
7.44%
3-year earnings per share growth (CAGR)
-51.20%
10-year earnings per share growth (CAGR)
-34.18%
3-year dividend per share growth (CAGR)
16.35%
10-year dividend per share growth (CAGR)
31.97%
What the Analysts think about CRC
Analyst ratings (Buy, Hold, Sell) for California Resources stock.
Analyst projections of the future price of California Resources stock.
Bulls say / Bears say
Q2 showed the enlarged business can still generate cash: adjusted EBITDAX was $338 million and free cash flow was $114 million. CRC also says it captured more than 100% of its 2026 Berry synergy target six months early, while lowering its long-term California maintenance-capital outlook by about 5%. (California Resources Corporation)
The completed $63 million Crimson acquisition gives CRC more control over crude transport, storage and market access in California. That could improve flow assurance and differentials after the takeaway problems seen in the second quarter, while also creating possible routes for future CO₂ transport. (Crimson Midstream, California Resources Corporation)
Carbon TerraVault has moved beyond planning: CRC began injecting CO₂ and recorded first revenue at California’s first operational CCS project. The initial site has substantial permitted storage potential, giving CRC a live project from which to develop a wider carbon-management platform. (GlobeNewswire, California Resources Corporation)
The headline Q2 profit was low quality: net income included a $370 million non-cash derivative gain. Adjusted earnings per share fell 10% year on year and missed expectations, as takeaway constraints, weaker differentials and higher costs reduced adjusted EBITDAX by about $25 million. (Zacks, California Resources Corporation)
CRC remains capital-intensive even after its efficiency gains: management is targeting only about 1% entry-to-exit production growth while maintaining $520–$560 million of 2026 capital spending. Its Uinta operation is described as non-core because it has steeper declines, higher capital and operating costs, and lower realisations than the California assets. (The Motley Fool, California Resources Corporation)
CCS is operational but not yet proven as a profitable growth engine: the project generated about $1 million of first-quarter revenue against $9 million of second-quarter expenses, while an environmental lawsuit remains unresolved. California’s rules on long-term monitoring and liability are also still being finalised, adding regulatory and remediation risk. (Los Angeles Business Journal, CalMatters)
Data summarised monthly by Lightyear AI. Last updated on 16 Sept 2026.
CRC Financial Performance
Revenues and expenses
CRC Earnings Performance
Company profitability
Upcoming events
No upcoming events
CRC News
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Funds containing CRC
AllUSDEURGBP
Fund name | Fund size | $CRC weighting |
|---|---|---|
iShares Oil & Gas Exploration & Production$IOGP | $438M | 0.59% |
iShares Oil & Gas Exploration & Production€IOGP | €376M | 0.59% |
iShares Oil & Gas Exploration & Production£SPOG | £323M | 0.59% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.25% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.25% |
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