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California Resources NYSE:CRC Stock Report

Last Price

US$52.32

Market Cap

US$4.6b

7D

-0.5%

1Y

0.06%

Updated

30 Oct, 2024

Data

Company Financials +

California Resources Corporation

NYSE:CRC Stock Report

Market Cap: US$4.6b

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US$64.50
FV
18.9% undervalued intrinsic discount
14.54%
Revenue growth p.a.
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California Resources Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for California Resources
Historical stock prices
Current Share PriceUS$52.32
52 Week HighUS$57.89
52 Week LowUS$43.09
Beta1.42
11 Month Change-0.29%
3 Month Change6.93%
1 Year Change0.057%
33 Year Change15.52%
5 Year Changen/a
Change since IPO248.80%

Recent News & Updates

Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?

Oct 15
Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?

A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price

Sep 23
A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price

Recent updates

Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?

Oct 15
Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?

A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price

Sep 23
A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price

California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875

Aug 10
California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875

California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models

Aug 09
California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models

California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate

Jul 05
California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate

Return Trends At California Resources (NYSE:CRC) Aren't Appealing

Jun 17
Return Trends At California Resources (NYSE:CRC) Aren't Appealing

We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt

May 23
We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt

California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking

May 01
California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking

Why We Like The Returns At California Resources (NYSE:CRC)

Feb 01
Why We Like The Returns At California Resources (NYSE:CRC)

California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks

Jan 02
California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks

California Resources: The Future Of Oil Is In California

Nov 07

The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested

Nov 02
The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested

California Resources Corporation: Making Moves And Delivering Value

Oct 11

We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease

Sep 18
We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease

California Resources: Carbon Capture And Potential Separation From Oil Production

Sep 13

California Resources (NYSE:CRC) Is Very Good At Capital Allocation

Jul 22
California Resources (NYSE:CRC) Is Very Good At Capital Allocation

With EPS Growth And More, California Resources (NYSE:CRC) Makes An Interesting Case

Jun 16
With EPS Growth And More, California Resources (NYSE:CRC) Makes An Interesting Case

California Resources Corporation: Despite State Challenges, FCF Remains Strong

Jun 10

How To Short Stocks; Bitcoin Miners, Energy Picks And A High Conviction Play With Kirk Spano And CashFlow Hunter

May 23

California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year

May 19
California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year

California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825

May 05
California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825

Industry Analysts Just Upgraded Their California Resources Corporation (NYSE:CRC) Revenue Forecasts By 12%

May 04
Industry Analysts Just Upgraded Their California Resources Corporation (NYSE:CRC) Revenue Forecasts By 12%

California Resources (NYSE:CRC) Is Increasing Its Dividend To $0.2825

Mar 02
California Resources (NYSE:CRC) Is Increasing Its Dividend To $0.2825

California Resources  declares $0.2825 dividend

Feb 24

California Resources (NYSE:CRC) Is Doing The Right Things To Multiply Its Share Price

Feb 05
California Resources (NYSE:CRC) Is Doing The Right Things To Multiply Its Share Price

Earnings Working Against California Resources Corporation's (NYSE:CRC) Share Price

Jan 09
Earnings Working Against California Resources Corporation's (NYSE:CRC) Share Price

California Resources (NYSE:CRC) Posted Weak Earnings But There Is More To Worry About

Nov 17
California Resources (NYSE:CRC) Posted Weak Earnings But There Is More To Worry About

California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year

Nov 16
California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year

California Resources lifts dividend by 66% to $0.2825/share, boosts share buyback plan by $200M

Nov 03

Calculating The Intrinsic Value Of California Resources Corporation (NYSE:CRC)

Oct 27
Calculating The Intrinsic Value Of California Resources Corporation (NYSE:CRC)

Shareholder Returns

CRCUS Oil and GasUS Market
7D-0.5%-2.4%-0.09%
1Y0.06%5.6%38.6%

Return vs Industry: CRC underperformed the US Oil and Gas industry which returned 5.6% over the past year.

Return vs Market: CRC underperformed the US Market which returned 38.6% over the past year.

Price Volatility

Is CRC's price volatile compared to industry and market?
CRC volatility
CRC Average Weekly Movement5.8%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.1%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market3.0%

Stable Share Price: CRC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CRC's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014970Francisco Leonwww.crc.com

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.

California Resources Corporation Fundamentals Summary

How do California Resources's earnings and revenue compare to its market cap?
CRC fundamental statistics
Market capUS$4.65b
Earnings (TTM)US$164.00m
Revenue (TTM)US$2.26b

28.5x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CRC income statement (TTM)
RevenueUS$2.26b
Cost of RevenueUS$1.08b
Gross ProfitUS$1.18b
Other ExpensesUS$1.02b
EarningsUS$164.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 05, 2024

Earnings per share (EPS)1.84
Gross Margin52.41%
Net Profit Margin7.26%
Debt/Equity Ratio56.6%

How did CRC perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

51%

Payout Ratio