California Resources Corporation (CRC)
| Market Cap | 4.64B +11.2% |
| Revenue (ttm) | 3.74B +2.3% |
| Net Income | -121.00M |
| EPS | -1.40 |
| Shares Out | 88.82M |
| PE Ratio | n/a |
| Forward PE | 13.81 |
| Dividend | $1.62 (3.10%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 409,468 |
| Open | 53.02 |
| Previous Close | 52.94 |
| Day's Range | 52.07 - 53.40 |
| 52-Week Range | 43.25 - 71.98 |
| Beta | 0.90 |
| Analysts | Strong Buy |
| Price Target | 76.73 (+46.91%) |
| Earnings Date | Aug 10, 2026 |
About CRC
California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it owns and oper... [Read more]
Financial Performance
In 2025, California Resources's revenue was $3.40 billion, an increase of 15.08% compared to the previous year's $2.96 billion. Earnings were $363.00 million, a decrease of -3.46%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price target is $76.73, which is an increase of 46.91% from the latest price.
News
California Resources price target lowered to $67 from $70 at UBS
UBS lowered the firm’s price target on California Resources (CRC) to $67 from $70 and keeps a Buy rating on the shares.
California Resources price target lowered to $74 from $77 at Barclays
Barclays analyst Betty Jiang lowered the firm’s price target on California Resources (CRC) to $74 from $77 and keeps an Overweight rating on the shares. The firm adjusted targets in…
California Resources Slides: Corporate presentation
California Resources has posted slides in relation to its latest quarterly earnings report, which was published on August 13, 2026.
California Resources price target lowered to $77 from $80 at Barclays
Barclays analyst Betty Jiang lowered the firm’s price target on California Resources (CRC) to $77 from $80 and keeps an Overweight rating on the shares. The firm says Crimson acquisition…
California Resources Earnings Call Transcript: Q2 2026
Strong operational execution and synergy capture drove solid quarterly results, with production and cost efficiencies exceeding expectations. Strategic midstream acquisitions and CCS milestones enhance integration and future growth, while capital allocation remains disciplined and balanced.
California Resources Slides: Q2 2026
California Resources has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 10, 2026.
California Resources Earnings release: Q2 2026
California Resources released its Q2 2026 earnings on August 10, 2026, summarizing the period's financial results.
California Resources Quarterly report: Q2 2026
California Resources has published its Q2 2026 quarterly earnings report on August 10, 2026.
California Resources reports Q2 adjusted EPS 99c, consensus $1.37
Reports Q2 revenue $1.09B, consensus $904.73M. “Our teams are executing exceptionally well, delivering durable operational improvements across our asset base,” said Francisco Leon, CRC‘s President and...
California Resources backs FY26 capital investments view $520M-$560M
The company said, “CRC reaffirmed its full-year 2026 total capital outlook and reduced expected full-year 2026 drilling, completions and workover capital by $10 million to $370 million to $390 million...
California Resources Corporation Reports Second Quarter 2026 Financial and Operating Results
California Resources Corporation Expands Integrated California Energy Infrastructure Platform Through Strategic Midstream Acquisition
LONG BEACH, Calif., Aug. 10, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced an agreement to acquire Crimson Midstream Holdings, LLC (“Crimson”) from CorEnergy In...
California Resources price target lowered to $85 from $91 at Stephens
Stephens lowered the firm’s price target on California Resources (CRC) to $85 from $91 and keeps an Overweight rating on the shares. The firm looks for a “cleaner” Q2 after…
California Resources price target lowered to $70 from $78 at UBS
UBS analyst Josh Silverstein lowered the firm’s price target on California Resources (CRC) to $70 from $78 and keeps a Buy rating on the shares.
California Resources Slides: Corporate presentation
California Resources has posted slides in relation to its latest quarterly earnings report, which was published on July 8, 2026.
California Resources Corporation Schedules Second Quarter 2026 Earnings Conference Call
LONG BEACH, Calif., July 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its second quarter 2026 financial results on Monday, August 10th before market hours...
California Resources price target lowered to $70 from $78 at Citi
Citi lowered the firm’s price target on California Resources (CRC) to $70 from $78 and keeps a Buy rating on the shares. The recent fall in Brent prices has lowered…
California Resources Corporation Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $550 million in aggregate prin...
California Resources Corporation Announces Private Offering of $550 Million of Senior Unsecured Notes
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and...
California Resources Slides: Corporate presentation
California Resources has posted slides in relation to its latest quarterly earnings report, which was published on May 28, 2026.
California Resources price target raised to $87 from $86 at Mizuho
Mizuho analyst Nitin Kumar raised the firm’s price target on California Resources (CRC) to $87 from $86 and keeps an Outperform rating on the shares. The firm expects the impact…
California Resources achieves first CO2 injection at Carbon TerraVault I
California Resources (CRC) has achieved the first landmark carbon dioxide injection at Carbon TerraVault I. “First injection at CTV I demonstrates that California can lead on climate solutions that ar...
California Resources price target raised to $80 from $72 at Barclays
Barclays raised the firm’s price target on California Resources (CRC) to $80 from $72 and keeps an Overweight rating on the shares. The firm says depleting inventories, shrinking OPEC spare…
California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California
KERN COUNTY, Calif., May 26, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) has achieved the first landmark carbon dioxide (CO2) injection at Carbon TerraVault I (CTV I), a firs...