NYSE:CRCOil and Gas
Is California Resources (CRC) Pricing Reflect Its Large DCF Upside Potential
If you are wondering whether California Resources at around US$44.78 is a bargain or fully priced, the starting point is to understand how its market price stacks up against its fundamentals.
The share price has had mixed returns, with around 0.2% over the last week, a 5.2% decline over the past month, a 3.5% decline year to date, an 11.9% decline over one year and a 12.4% and 97.2% return over three and five years respectively.
Recent coverage around California Resources has focused on its...