California Resources/CRC

$53.09

-1.61%
-
1D1W1MYTD1YMAX

About California Resources

California Resources Corporation is an independent oil and natural gas exploration and production company with operating properties within California. The Company has the lowest carbon intensity production in the United States, which is focused on land, mineral and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. The CCS project at the Elk Hills Field is referred to as Carbon TerraVault I. These projects inject CO2 from industrial sources into depleted underground oil and gas reservoirs and permanently store CO2 deep underground. The Company has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, and Sacramento Basin. San Joaquin Basin operates and develops approximately 42 fields and holds approximately 1.24 million net mineral acres in the San Joaquin Basin. Los Angeles Basin holds approximately 29,000 net mineral acres. Sacramento Basin operates approximately 50 fields.

Ticker

CRC

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Francisco Leon

Employees

970

Headquarters

Long beach, United States

CRC Metrics

BasicAdvanced
$3.74B
Market cap
6.98
P/E ratio
$7.73
EPS
1.48
Beta
$1.23
Dividend rate
2.3%
Dividend yield

What the Analysts think about CRC

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 5 analysts.
25.45% upside
High $72.00
Low $58.00
$53.09
Current price
$66.60
Average price target

CRC Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
25.89% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$726M
57.83%
Net income
$188M
-954.55%
Profit margin
25.89%
-641.63%

CRC Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1.75%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.63
$0.53
$1.02
$0.93
-
Expected
$1.96
$0.71
$0.81
$0.91
$0.98
Surprise
34.49%
-25.74%
25.2%
1.75%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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