California Resources/$CRC
California Resources shares fell ahead of Q3 results as investors focused on weaker oil realisations after hedging and an estimated $134 million commodity-derivatives loss.
7 hours agoLightyear AI
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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
$4.9B
-
-$1.40
1.02
$1.62
2.92%
Price and volume
Market cap
$4.9B
Beta
1.02
52-week high
$71.98
52-week low
$43.25
Average daily volume
804K
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)
543
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)
1.284
Price to book
1.45
Price to tangible book (TTM)
1.45
Price to free cash flow (TTM)
12.453
Free cash flow yield (TTM)
8.03%
Free cash flow per share (TTM)
4.453
Dividend yield (TTM)
2.92%
Forward dividend yield
2.92%
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
CRC generated $114 million of free cash flow in the second quarter, while annualised Berry merger savings reached $103 million six months ahead of schedule. Improved drilling efficiency also cut its estimate of long-term California maintenance capital by about 5%, supporting production with less spend. (California Resources Corporation)
The completed $63 million Crimson acquisition gives CRC control of roughly 2,000 miles of California pipelines, with capacity of up to 400,000 barrels a day. Greater control of transport and access to refineries could reduce exposure to takeaway bottlenecks and improve the value CRC receives for its oil. (California Resources Corporation, E&E News)
Carbon TerraVault I has begun injecting CO₂ and earned its first revenue, giving CRC an operating foothold in California carbon storage. The initial reservoir could eventually store up to 1.46 million tonnes a year, with eight further storage reservoirs submitted for permits. (California Resources Corporation, California Resources Corporation)
Preliminary third-quarter figures showed oil realised at $83.42 a barrel before derivative settlements, against Brent at $91.36, and $72.46 after settlements. CRC also estimated a $134 million loss from derivative settlements, showing how hedging and weak price differentials can weigh on cash generation. (SEC)
California’s rules for carbon storage were still unfinished months after a statutory deadline, leaving uncertainty over oversight and responsibility if stored CO₂ leaks. That uncertainty could complicate the expansion of CRC’s carbon-management business beyond its first project. (CalMatters)
CRC reported $923 million of asset-retirement obligations and $1.281 billion of long-term debt at the end of June. Future well-plugging and site-restoration costs add to its fixed financial commitments and may limit flexibility for investment or shareholder returns. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 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£SPOG | $438M | 0.55% |
iShares Oil & Gas Exploration & Production$IOGP | $438M | 0.55% |
iShares Oil & Gas Exploration & Production€IOGP | $438M | 0.55% |
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.26% |
iShares S&P Small Cap 600£ISP6 | $3.2B | 0.26% |
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