Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
CRC - California Resources Corporatio
Market Cap 3.64B P/E 3.92 EPS this Y -17.30% Ern Qtrly Grth -91.80%
Income 164M Forward P/E 9.12 EPS next Y 22.90% 50D Avg Chg 15.00%
Sales 2.26B PEG -1.33 EPS past 5Y 4.45% 200D Avg Chg 20.00%
Dividend 2.00% Price/Book 1.68 EPS next 5Y -9.30% 52W High Chg -4.00%
Recommedations 1.90 Quick Ratio 2.23 Shares Outstanding 89.19M 52W Low Chg 51.00%
Insider Own 10.41% ROA 0.13% Shares Float 67.24M Beta 1.43
Inst Own 94.52% ROE 7.88% Shares Shorted/Prior 5.50M/6.30M Price 51.26
Gross Margin 52.41% Profit Margin 7.26% Avg. Volume 1,108,672 Target Price 62.29
Oper. Margin 9.82% Earnings Date Oct 30 Volume 504,370 Change 0.12%
Energy | Oil & Gas E&P | United States
About California Resources Corporatio

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the wholesale power market and utility sector; and developing various carbon capture and storage projects in California. The company was incorporated in 2014 and is based in Long Beach, California.

California Resources Corporatio News
11/13/24 California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think
11/09/24 California Resources Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
11/08/24 Zacks Industry Outlook Highlights Civitas Resources, Northern Oil and Gas, California Resources and Amplify Energy
11/07/24 California Resources’ Carbon TerraVault Sees CCS Momentum
11/07/24 A Closer Look at the U.S. Upstream Oil & Gas Industry
11/07/24 California Resources Third Quarter 2024 Earnings: Beats Expectations
11/07/24 California Resources Corp (CRC) Q3 2024 Earnings Call Highlights: Strong Production and ...
11/05/24 California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates
11/05/24 California Resources Reports Third Quarter 2024 Financial and Operating Results
11/05/24 Carbon TerraVault Provides Third Quarter 2024 Update
10/30/24 California Resources Corporation Releases 2023 Sustainability Report Detailing a Year of Progress on Sustainability Initiatives
10/24/24 California’s first carbon capture and storage facility gets local approval
10/22/24 Range Resources (RRC) Q3 Earnings and Revenues Top Estimates
04:00 PM Kern County Board of Supervisors Advance CRC’s Carbon TerraVault I Project
10/08/24 Colorado School of Mines and Carbon TerraVault Awarded $8.9 Million in DOE Funding for CarbonSAFE Project
10/07/24 California Resources Corporation Schedules Third Quarter 2024 Earnings Conference Call
10/04/24 California Resources Corporation and Los Angeles Rams Team Up to Launch "Football Without the Footprint" Carbon Management Initiative
09/24/24 California Resources Corporation's (NYSE:CRC) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
09/10/24 California Resources Corporation Announces CTV I Elk Hills Community Benefits Plan
09/07/24 Insider Sale: President and CEO Francisco Leon Sells 7,500 Shares of California Resources Corp (CRC)
CRC Chatroom

User Image OMW2Money Posted - 13 hours ago

$CRC 🧠👀

User Image OMW2Money Posted - 1 week ago

@50bps you in these? Opened a starter in $CRC today

User Image insiderbuyingselling Posted - 1 week ago

$CRC new insider selling: 8770 shares. http://insiderbuyingselling.com/?t=CRC

User Image d_risk Posted - 2 weeks ago

$CRC - 10Q - Updated Risk Factors https://d-risk.ai/CRC/10-Q/2024-11-06

User Image 50bps Posted - 2 weeks ago

$NOG $CRC $BTU

User Image Estimize Posted - 2 weeks ago

$CRC reported 1.50 EPS and 1,353 revenue for Q3. http://www.estimize.com/intro/crc?chart=historical&metric_name=eps&utm_content=CRC&utm_med

User Image ChessGM Posted - 2 weeks ago

$CRC Nice! https://stocktwits.com/ChessGM/message/590992718

User Image DonCorleone77 Posted - 2 weeks ago

$CRC California Resources sees Q4 adjusted EBITDAX $260M-$300M Sees Q4 net production 140-144 MBoe/d.

User Image DonCorleone77 Posted - 2 weeks ago

$CRC California Resources reports Q3 adjusted EPS $1.50, consensus $1.34 Reports Q3 revenue $1.353B, consensus $968.78M. "Our performance this year has been strong and we have positioned CRC for long term value creation into the future," said Francisco Leon, CRC's President and Chief Executive Officer. "Today, CRC is bigger, stronger, and more sustainable. We continue to demonstrate that we are a different kind of energy company. I am really proud of our teams and the Aera integration. We are capturing meaningful synergies, enhancing operating efficiencies and advancing new growth opportunities. The Kern County Board of Supervisors' approval of the conditional use permits for our CTV I project and a recent MOU with a leading power partner are a testament to our team's relentless pursuit of growing our carbon business. As we look to 2025, our hedge positions underpin near-term cash flows and will allow for continued debt reduction and cash returns to shareholders."

User Image ChessGM Posted - 2 weeks ago

$CRC Heads up alert! Only three days until Upcoming Earnings on Tuesday, 11/5/2024 Neutral (5.5) In recent assessments of California Resources Corporation (CRC), the company has been actively advancing its sustainability initiatives, particularly through its Carbon TerraVault projects aimed at carbon capture and storage. The Kern County Board of Supervisors' unanimous approval of the Carbon TerraVault I project is a notable achievement that aligns with California's aggressive climate goals. Financially, CRC is well-positioned with a P/E ratio that reflects a competitive valuation compared to its peers within the energy sector. The company's focus on decarbonization aligns with rising environmental concerns, which could lead to enhanced investor sentiment and potential revenue growth in the sector. Earnings per share (EPS) growth has shown promise, with analysts forecasting a modest upward trend in revenues, driven by increased demand for sustainable energy solutions. Comparatively, CRC's current financial metrics are favorable when benchmarked against industry standards, indicating a stable operational framework. Looking ahead, CRC is poised to release its third quarter 2024 earnings on November 5th, with a conference call scheduled for the following day. Analysts have been closely monitoring the firm’s performance, expecting results to reflect positive trends in revenue and profitability, underpinned by the ongoing success of its sustainability projects. Historical performance suggests that CRC has navigated market fluctuations effectively, with prior earnings surpassing consensus estimates. The upcoming earnings report is critical, as it will not only provide insights into the company's financial health but also potentially influence its stock performance in a market increasingly focused on ESG compliance and sustainability efforts. Analyst consensus estimates remain cautiously optimistic, suggesting that CRC’s initiatives could yield favorable outcomes, reinforcing its position in the energy transition landscape. - Funds were net buyers of $CRC during the previous reporting quarter. - Top 5 funds with large holdings in $CRC: * Point72 Asset Management LP $45MM. CGMRank: 86% * Orbis Holdings LTD $43MM. CGMRank: 76% * Sourcerock Group LLC $38MM. New position. CGMRank: 95% * Balyasny Asset Management LLC $24MM. CGMRank: 68% * Sir Capital Management LP $12MM. New position. CGMRank: 71% - Last 10 days performance: -3% - Last 30 days performance: -1% - Last 90 days performance: 10% Follow ChessGM! Make your move and get timely earnings alerts from ChessGM. Not a financial advice.

User Image WeeklyTrader Posted - 10/23/24

Time to hedge your bets! Grab a PUT on $CRC at strike 50.0p! RSI: 55.3% 50-day MA: $51.38 200-day MA: $51.32

User Image swingingtech Posted - 10/23/24

$CRC https://wallstreetwaves.com/stephens-co-launches-coverage-on-california-resources-crc-with-positive-outlook/

User Image StreetwiseReports Posted - 10/22/24

Strategic Lithium-Boron Acquisition Expands Exploration Footprint in Nevada: https://ow.ly/vs6050TRfWY Canter Resources Corp. has completed its acquisition of the Railroad Valley lithium-boron claims (RV project). Read why the company CEO says this aligns with Canter's long-term growth strategy. $CRC:CSE $CNRCF #lithiumstocks

User Image Himel92 Posted - 1 month ago

The Last month Performance for $CRC Opening Price: $53.04 Closing Price: $51.28 Highest Price: $54.87 Lowest Price: $49.28 Percentage Change: -3.32% Data provider: AITX

User Image swingingtech Posted - 1 month ago

$CRC https://wallstreetwaves.com/ubs-begins-coverage-of-california-resources-crc-with-positive-outlook/

User Image WeeklyTrader Posted - 1 month ago

Stay one step ahead of the market! $CRC 52.5p RSI: 54.52% 50-day MA: $50.7 200-day MA: $51.38

User Image StreetwiseReports Posted - 1 month ago

Co. Says Geoprobe Drilling Found 'Consistent' Lithium, Boron Concentrations: https://ow.ly/kKtv50TLZ1B Canter Resources Corp. announced promising brine assay results from Phase II geoprobe drilling at its Columbus Lithium-Boron Project in Nevada. Read why one expert says the project has the potential to rival its neighbors. $CRC:CSE $CNRCF #lithiumstocks #batterymetals

User Image OneUp_CmonMan Posted - 09/28/24

$CRC short this pos stock to the ground

User Image Stock_Titan Posted - 09/24/24

$CRC Sage Geosystems, Inc. and California Resources Corporation Announce Strategic Partnership for Subsurface Energy Storage and Geothermal Power Generation in California https://www.stocktitan.net/news/CRC/sage-geosystems-inc-and-california-resources-corporation-announce-qan52rf2f2n9.html

User Image insiderbuyingselling Posted - 2 months ago

$CRC new insider selling: 10000 shares. http://insiderbuyingselling.com/?t=CRC

User Image RonIsWrong Posted - 2 months ago

@WallStJesus this is getting action again today. $CRC

User Image Charmestquark Posted - 2 months ago

$CRC bad management. Bad environment. Shorts will eat this crap alive (once again).

User Image StockInvest_us Posted - 2 months ago

Signal alert: $CRC - Double Top https://stockinvest.us/l/aYydEzYUQ2

User Image Thestocktraderhubzee Posted - 2 months ago

WATCHLIST SEP 06 2024 $HOTH EF Hutton Maintains Buy on Hoth Therapeutics, Maintains $5 Price Target $BMRN BioMarin Pharmaceuticals shares are trading lower after Truist Securities lowered its price target on the stock from $140 to $118. $DLTR Citigroup Maintains Neutral on Dollar Tree, Lowers Price Target to $64 $RIGL HC Wainwright & Co. Reiterates Buy on Rigel Pharmaceuticals, Maintains $57 Price Target $CRC Citigroup Maintains Buy on California Resources, Raises Price Target to $65

User Image IN0V8 Posted - 2 months ago

$CRC Opportunity Citigroup raises target price to $65 from $63

User Image Charmestquark Posted - 08/22/24

$CRC bad management. Lay offs again and more to come. Never ending story. A dangerous game...

User Image Stock_Titan Posted - 08/22/24

$CRC California Resources Corporation Announces Consideration for Tender Offer for Certain of its 7.125% Senior Notes due 2026 https://www.stocktitan.net/news/CRC/california-resources-corporation-announces-consideration-for-tender-50bt0l63gt1d.html

User Image Stocksrunner Posted - 08/22/24

Analyst Upgrades Ignite Market Frenzy! 🔥 $NVDA $TXN $CRC $WWD $TMDX Wall Street's darlings get a boost! Is your portfolio ready for liftoff? https://stocksrunner.com/posts?id=1053

User Image WallStJesus Posted - 2 months ago

BofA on $CRC - “California's power grid isn't growing fast enough, and deep pocketed datacenters may not be willing to wait 4yrs to connect. This backdrop may be the opportunity CCS needs to commercialize. Natural gas with CCS is clean power. CRC is the most exposed to this theme. Securing retail prices behind the meter is worth $7/share. PO to $65. Upgrade to Buy”

User Image Stock_Titan Posted - 2 months ago

$CRC California Resources Corporation Announces Early Tender Results of Tender Offer for Certain of its 7.125% Senior Notes due 2026 https://www.stocktitan.net/news/CRC/california-resources-corporation-announces-early-tender-results-of-01gbyvp8qj87.html

Analyst Ratings
B of A Securities Buy Aug 21, 24
RBC Capital Outperform Aug 15, 24
RBC Capital Outperform Aug 12, 24
Barclays Equal-Weight Aug 8, 24
RBC Capital Outperform Jun 14, 24
RBC Capital Outperform Jun 12, 24
Mizuho Buy May 13, 24
Stifel Buy Apr 23, 24
Barclays Equal-Weight Apr 10, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Roby William B Director Director Sep 06 Buy 45.235 103 4,659 41,892 09/07/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Apr 05 Sell 44.25 229,302 10,146,614 7,498,085 04/07/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Mar 29 Sell 48.48 376,691 18,261,980 7,727,395 03/31/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Mar 25 Sell 48.82 609,209 29,741,583 8,104,086 03/29/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Mar 21 Sell 43.65 5,055 220,651 8,713,295 03/22/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Mar 07 Sell 43.71 65,494 2,862,743 8,718,350 03/10/22
ARES MANAGEMENT LLC 10% Owner 10% Owner Mar 07 Sell 44.17 575,000 25,397,750 7,712,573 03/09/22
ARES MANAGEMENT LLC 10% Owner 10% Owner Mar 03 Sell 42.79 93,800 4,013,702 8,287,573 03/07/22
ARES MANAGEMENT LLC 10% Owner 10% Owner Feb 07 Sell 43.18 53,344 2,303,394 8,658,658 02/09/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Jan 20 Sell 43.92 10,200 447,984 8,783,844 01/24/22
ARES MANAGEMENT LLC 10% Owner 10% Owner Jan 20 Sell 43.47 182,905 7,950,880 9,256,063 01/24/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Jan 11 Sell 44.12 323,180 14,258,702 8,822,357 01/13/22
ARES MANAGEMENT LLC 10% Owner 10% Owner Jan 11 Sell 44 300,000 13,200,000 9,816,968 01/13/22
ARES MANAGEMENT LLC 10% Owner 10% Owner Jan 07 Sell 42.9 113,340 4,862,286 10,116,968 01/11/22
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Dec 27 Sell 43.57 15,918 693,547 9,530,252 12/29/21
ARES MANAGEMENT LLC 10% Owner 10% Owner Dec 13 Sell 43.02 101,382 4,361,454 11,149,867 12/15/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Dec 13 Sell 44.28 10,659 471,981 9,539,270 12/15/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Dec 10 Sell 44.89 85,408 3,833,965 9,549,929 12/13/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Oct 21 Sell 44.73 6,600 295,218 9,859,898 10/25/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Oct 18 Sell 42.74 125,503 5,363,998 9,966,736 10/20/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Sep 17 Sell 43.12 791,813 34,142,977 10,347,132 09/17/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Sep 16 Sell 41.65 141,669 5,900,514 11,138,945 09/16/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Sep 13 Sell 39.44 129,581 5,110,675 11,380,614 09/13/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Sep 09 Sell 37.71 80,353 3,030,112 11,510,195 09/09/21
GOLDENTREE ASSET MANAGEMENT LP 10% Owner 10% Owner Sep 07 Sell 36.26 489,423 17,746,478 11,590,548 09/07/21