CRC Stock Overview
Operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
California Resources Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$50.56 |
| 52 Week High | US$60.41 |
| 52 Week Low | US$43.09 |
| Beta | 1.44 |
| 1 Month Change | -15.15% |
| 3 Month Change | -5.39% |
| 1 Year Change | -6.89% |
| 3 Year Change | 21.39% |
| 5 Year Change | n/a |
| Change since IPO | 237.07% |
Recent News & Updates
California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875
Nov 26
California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think
Nov 13Recent updates
California Resources (NYSE:CRC) Will Pay A Dividend Of $0.3875
Nov 26California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think
Nov 13California Resources (NYSE:CRC) Has Announced A Dividend Of $0.3875
Nov 10Is California Resources Corporation (NYSE:CRC) Trading At A 49% Discount?
Oct 15A Piece Of The Puzzle Missing From California Resources Corporation's (NYSE:CRC) Share Price
Sep 23California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.3875
Aug 10California Resources Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 09California Resources Corporation (NYSE:CRC) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 05Return Trends At California Resources (NYSE:CRC) Aren't Appealing
Jun 17We Think California Resources (NYSE:CRC) Is Taking Some Risk With Its Debt
May 23California Resources Corporation's (NYSE:CRC) Price Is Right But Growth Is Lacking
May 01Why We Like The Returns At California Resources (NYSE:CRC)
Feb 01California Resources Corporation (NYSE:CRC) Could Be Riskier Than It Looks
Jan 02California Resources: The Future Of Oil Is In California
Nov 07The Trend Of High Returns At California Resources (NYSE:CRC) Has Us Very Interested
Nov 02California Resources Corporation: Making Moves And Delivering Value
Oct 11We Ran A Stock Scan For Earnings Growth And California Resources (NYSE:CRC) Passed With Ease
Sep 18California Resources: Carbon Capture And Potential Separation From Oil Production
Sep 13California Resources (NYSE:CRC) Is Very Good At Capital Allocation
Jul 22With EPS Growth And More, California Resources (NYSE:CRC) Makes An Interesting Case
Jun 16California Resources Corporation: Despite State Challenges, FCF Remains Strong
Jun 10How To Short Stocks; Bitcoin Miners, Energy Picks And A High Conviction Play With Kirk Spano And CashFlow Hunter
May 23California Resources (NYSE:CRC) Is Paying Out A Larger Dividend Than Last Year
May 19California Resources' (NYSE:CRC) Dividend Will Be Increased To $0.2825
May 05Industry Analysts Just Upgraded Their California Resources Corporation (NYSE:CRC) Revenue Forecasts By 12%
May 04California Resources (NYSE:CRC) Is Increasing Its Dividend To $0.2825
Mar 02California Resources declares $0.2825 dividend
Feb 24Shareholder Returns
| CRC | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -7.9% | -5.1% | -2.4% |
| 1Y | -6.9% | 2.6% | 23.3% |
Return vs Industry: CRC underperformed the US Oil and Gas industry which returned 2.6% over the past year.
Return vs Market: CRC underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| CRC volatility | |
|---|---|
| CRC Average Weekly Movement | 5.3% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
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 (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | 970 | Francisco Leon | www.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
| CRC fundamental statistics | |
|---|---|
| Market cap | US$4.64b |
| Earnings (TTM) | US$531.00m |
| Revenue (TTM) | US$2.59b |
8.7x
P/E Ratio1.8x
P/S RatioIs CRC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CRC income statement (TTM) | |
|---|---|
| Revenue | US$2.59b |
| Cost of Revenue | US$1.20b |
| Gross Profit | US$1.39b |
| Other Expenses | US$860.00m |
| Earnings | US$531.00m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.79 |
| Gross Margin | 53.67% |
| Net Profit Margin | 20.49% |
| Debt/Equity Ratio | 32.3% |
How did CRC perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield18%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
California Resources Corporation is covered by 30 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Betty Jiang | Barclays |
| Kaleinoheaokeala Akamine | BofA Global Research |
| William Frohnhoefer | BTIG |