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Market Cap 3.64B P/E 3.92 EPS this Y -8.40% Ern Qtrly Grth 126.50%
Income 564M Forward P/E 9.12 EPS next Y 38.10% 50D Avg Chg 15.00%
Sales 2.77B PEG 1.61 EPS past 5Y 18.67% 200D Avg Chg 20.00%
Dividend 2.00% Price/Book 1.68 EPS next 5Y 7.00% 52W High Chg -4.00%
Recommedations 2.00 Quick Ratio 1.26 Shares Outstanding 68.76M 52W Low Chg 51.00%
Insider Own 0.77% ROA 7.72% Shares Float 64.94M Beta 1.48
Inst Own 104.84% ROE 27.63% Shares Shorted/Prior 5.57M/4.87M Price 51.26
Gross Margin 54.83% Profit Margin 20.38% Avg. Volume 1,108,672 Target Price 61.40
Oper. Margin 11.23% Earnings Date Apr 29 Volume 504,370 Change 0.12%
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
03/21/24 California Resources Corp. Nominates Christian Kendall to Board of Directors
03/19/24 California Resources Corporation Announces the Nomination of Christian S. Kendall to Its Board of Directors
03/06/24 Berry Bolts On More California Assets as Kern County M&A Continues
03/02/24 California Resources Corporation (NYSE:CRC) Looks Interesting, And It's About To Pay A Dividend
02/29/24 California Resources Corporation (NYSE:CRC) Q4 2023 Earnings Call Transcript
02/29/24 California Resources Full Year 2023 Earnings: Beats Expectations
02/27/24 Here's What Key Metrics Tell Us About California Resources Corporation (CRC) Q4 Earnings
02/27/24 California Resources Corporation (CRC) Q4 Earnings Miss Estimates
02/27/24 California Resources Corp Reports Robust 2023 Financial Results with Record Cash Flow
02/27/24 California Resources Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results
02/27/24 Carbon TerraVault Provides 2023 Update
02/21/24 Earnings Preview: Callon Petroleum (CPE) Q4 Earnings Expected to Decline
02/20/24 Analysts Estimate California Resources Corporation (CRC) to Report a Decline in Earnings: What to Look Out for
02/13/24 California Resources (CRC) to Snap Up Aera, Boost Portfolio
02/07/24 CPP Investments to Acquire Common Stock in California Resources Corporation through Aera Energy Merger
02/07/24 UPDATE 2-California Resources boosts production with $2.1 bln deal for Aera
02/07/24 California Resources Corporation to Combine with Aera Energy
01/04/24 A Closer Look at California Resources' Intriguing Business Profile
01/04/24 California Resources Corporation Expecting Strong Fourth Quarter 2023 Results; Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call
12/20/23 U.S. EPA Releases Draft Class VI Permits to CRC’s Carbon TerraVault for CO2 Injection and Storage in California
CRC Chatroom

User Image StreetwiseReports Posted - 2 days ago

Co. Creates 3D Model of Target to Drill Test for Lithium: https://ow.ly/NIEb50R2nQT This brine target features areas with low HSAMT resistivity values, which indicate highly conductive material is present. Read why one expert likes this project in Nevada. $CRC:CSE $CNRCF #lithium #batterymetals #miningstocks

User Image AVrev Posted - 1 week ago

$CRC hope this doesn’t turn into another BP debacle

User Image whalemaker Posted - 2 weeks ago

$CRC Investigators from the California Governor’s Office Emergency Services filed a hazardous materials spill report, detailing an overflow of petroleum coming from an offshore platform belonging to Beta Offshore. Beta Offshore operates three oil platforms in federal waters off the coast of Long Beach, according to the U.S. Department of the Interior. The state’s report also noted that once the petroleum leak was detected Thursday night, Beta Offshore shut down the line and deployed a boat to check for an oil sheen. https://www.nbclosangeles.com/news/local/oil-spill-off-huntington-beach-coast-being-investigated/3359029

User Image HammerstoneMarkets Posted - 2 weeks ago

$CRC from CRC's website: "CRC’s operations in Long Beach and Huntington Beach are located in unique coastal ecosystems. https://www.crc.com/our-business/where-we-operate/default.aspx

User Image HammerstoneMarkets Posted - 2 weeks ago

$CRC - CRC owned - The U.S. coast guard is responding to an oil spill off huntington beach, California coast - local officials Oil spill off huntington beach is believed to be coming from a platform – local officials

User Image swingingtech Posted - 3 weeks ago

$CRC https://wallstreetwaves.com/california-resources-crc-declares-0-31-dividend/

User Image AVrev Posted - 4 weeks ago

$CRC oh shiz, what happened?

User Image DonCorleone77 Posted - 1 month ago

$CRC California Resources sees FY24 capital program $300M-$340M CRC's 2024 guidance estimates exclude the pending merger with Aera. The Company intends to update guidance after the transaction closes. CRC expects its total 2024 capital program $300M-$340M assuming normal operating conditions. Of this amount, $250M-$260M is related to oil and natural gas development, $30M-$40M is related to maintenance of one of its gas processing facilities and a power plant, both of which are located in CRC's Elk Hills field, $15M-$25M is for carbon management projects and $5M-$15M is for corporate and other activities. Through 2024, CRC expects to run a one rig program executing projects using existing permits. Subject to the availability of well permits, the Company expects to increase to a four rig program in the second half of 2024. The actual amount of spending related to oil and gas development under CRC's 2024 capital program will depend on a variety of factors....

User Image epsguid Posted - 1 month ago

$CRC reported earnings of $0.93, consensus was $1.01 via @eWhispers #epsmiss http://eps.sh/d/crc

User Image Stock_Titan Posted - 1 month ago

$CRC California Resources Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results https://www.stocktitan.net/news/CRC/california-resources-reports-fourth-quarter-and-full-year-2023-r1cuvh4eqsoz.html

User Image Stock_Titan Posted - 1 month ago

$CRC Carbon TerraVault Provides 2023 Update https://www.stocktitan.net/news/CRC/carbon-terra-vault-provides-2023-3zns4rvhi7ms.html

User Image LachlanLindon Posted - 1 month ago

$CRC $SEDG $GPRE Analyst price target for today<> https://live-alerts-stock-trades.daytrading.network

User Image StockMarketTV Posted - 1 month ago

Energy stocks are starting to look attractive again. California Resources $CRC completed a failed breakdown with its largest daily gain in over a year. $CL_F $XLE

User Image JGould1836 Posted - 1 month ago

$CRC buying AERA for $2.1 billion including debt doesn't say great things about $BRY valuation. They are all primarily producers in the California San Joaquin valley. AERA is 75k BPD at 96 percent oil. BRY is 25k BPD at 95 percent oil. AERA has about 265 million barrels of reserves, BRY has about 100 million barrels of reserves. BRY should have one third the enterprise value of AERA or $700 million. BRY has $428 million in DEBT and 75 million shares outstanding. Meaning BRY should be about $3.60 per share. Granted BRY has C&J well services...which may be worth another $1 per share. Still...that leaves BRY about 35 percent overvalued by this comparison. I am a BRY shareholder, so I don't like this comparison. AERA was not publicly traded and it's possible the Canadian pension fund just sold out cheaply because AERA was illiquid and they had some ESG metric. But still, this acquisition doesn't look good for those (including me) that were hoping CRC would buy BRY.

User Image Ainvest_Newswire Posted - 1 month ago

$CRC California Resources to Buy Aera Energy in $2.1 Billion Deal

User Image Stock_Titan Posted - 1 month ago

$CRC California Resources Corporation to Combine with Aera Energy https://www.stocktitan.net/news/CRC/california-resources-corporation-to-combine-with-aera-wehpytl1j3vv.html

User Image Betonoilagain12 Posted - 01/31/24

$CRC these scumbags who declared BK and screwed over so many people are in business …..of course I wonder if the judge from texas sits on their board LOL

User Image UncleStock Posted - 2 months ago

$GPOR $ARLP $CRC $ENIC suggested for Levermann - value screen: https://zpr.io/Zrp84A3u8AJ3

User Image Thestocktraderhubzee Posted - 2 months ago

WATCHLIST JAN 24 2024.. $NOG Stifel Maintains Buy on Northern Oil & Gas, Lowers Price Target to $52 $EOG Stifel Maintains Buy on EOG Resources, Lowers Price Target to $163 $CTRA Stifel Maintains Buy on Coterra Energy, Lowers Price Target to $33 $CRK Stifel Maintains Buy on Comstock Resources, Lowers Price Target to $13 $CRC Stifel Maintains Buy on California Resources, Raises Price Target to $68

User Image cctranscripts Posted - 2 months ago

BlackRock, Inc. just provided an update on share ownership of California Resources Corp https://www.conferencecalltranscripts.org/summary/?id=12884131 $CRC

User Image UncleStock Posted - 2 months ago

$GPOR $ARLP $VIST $CRC suggested for Levermann - value screen: https://zpr.io/Zrp84A3u8AJ3

User Image ChartMill Posted - 2 months ago

Based on the Price/Free Cash Flow ratio, $CRC is valued a bit cheaper than 69.44% of the companies in the same industry. https://www.chartmill.com/stock/analyzer/stock/CRC?view=fundamental-analysis&key=7c6f820d-fd4d-45b1-b153-2b716b0df685&utm_source=VALUATION&utm_medium=stocktwits&utm_campaign=FA&utm_content=CRC

User Image Aigner_Andreas Posted - 2 months ago

TD BUY $CRC at 51.68, Supp 51.09 Resis 55.87 R9 HiLo 74% T1Y 64 buy 2.0 DIV 1.54% #California #stocks #trading #finance #market

User Image UncleStock Posted - 2 months ago

$GPOR $ARLP $CMPO $CRC suggested for Levermann - value screen: https://zpr.io/Zrp84A3u8AJ3

User Image tickeron Posted - 2 months ago

How do you think the market will react to this? $CRC price exceeded its 50-day Moving Average. View odds of downtrend. https://srnk.us/go/4961954

User Image risenhoover Posted - 2 months ago

$CRC CRC / California Resources Corporation downgraded by B of A Securities https://fintel.io/sfo/us/crc?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=upgrade

User Image Last10K Posted - 2 months ago

$CRC just filed with the SEC a Regulated Disclosure and a Financial Exhibit https://last10k.com/sec-filings/CRC/0001609253-24-000005.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=CRC

User Image risenhoover Posted - 2 months ago

$CRC / California Resources files form 8-K - UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): January 5, 2024 California Resour https://fintel.io/doc/sec-california-resources-corp-1609253-8k-2024-january-05-19727-8341?utm_source=stocktwits.com&utm_medium=referral&utm_campaign=filing

User Image DonCorleone77 Posted - 2 months ago

$CRC California Resources sees Q4 free cash flow $40M-$60M California Resources updated select guidance ranges for the fourth quarter of 2023 in conjunction with its participation in various investor conferences later this month. CRC's fourth quarter of 2023 free cash flow is expected to range between $40M-$60M primarily due to higher margins earned from natural gas marketing activities and lower investments in carbon capture and storage related subsurface land easements. This free cash flow update exceeds the previously announced fourth quarter 2023 guidance range of ($5M)-$30M. Total net production for the fourth quarter of 2023 is expected to range between 82-84 thousand barrels of oil equivalent per day, which falls in line with previously issued guidance. Approximately 60% of total net production for this period is expected to be oil. Capital investments for the fourth quarter of 2023 are expected to be in the $65M-$75M range from the previous guidance range of $65M-$81M....

User Image Last10K Posted - 2 months ago

$CRC just filed with the SEC a Earnings Release and a Financial Exhibit https://last10k.com/sec-filings/CRC/0001609253-24-000003.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=CRC

Analyst Ratings
Mizuho Buy Mar 22, 24
Stifel Buy Mar 22, 24
Roth MKM Buy Mar 11, 24
RBC Capital Outperform Mar 8, 24
RBC Capital Outperform Mar 6, 24
Stifel Buy Feb 12, 24
Mizuho Buy Feb 8, 24
RBC Capital Outperform Feb 8, 24
Stifel Buy Jan 23, 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