California Resources Corporation (CRC)
| Market Cap | 3.99B |
| Revenue (ttm) | 3.51B |
| Net Income (ttm) | 384.00M |
| Shares Out | 83.71M |
| EPS (ttm) | 4.29 |
| PE Ratio | 11.12 |
| Forward PE | 17.86 |
| Dividend | $1.62 (3.37%) |
| Ex-Dividend Date | Dec 1, 2025 |
| Volume | 1,105,901 |
| Open | 47.51 |
| Previous Close | 48.08 |
| Day's Range | 47.27 - 47.89 |
| 52-Week Range | 30.97 - 60.08 |
| Beta | 1.14 |
| Analysts | Strong Buy |
| Price Target | 65.20 (+36.66%) |
| Earnings Date | Nov 4, 2025 |
About CRC
California Resources Corporation operates as an independent energy and carbon management company in the United States. It operates in two segments, Oil and Natural Gas, and Carbon Management. The company explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. It also provides Carbon TerraVault which build, install, operate, and maintain CO2 capture equipment, transportation assets, and storage facilities. In addition, the company owns and operates... [Read more]
Financial Performance
In 2024, California Resources's revenue was $2.93 billion, an increase of 5.70% compared to the previous year's $2.77 billion. Earnings were $376.00 million, a decrease of -33.33%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price target is $65.2, which is an increase of 36.66% from the latest price.
News
California Resources Corporation (CRC) Q3 2025 Earnings Call Transcript
California Resources Corporation ( CRC) Q3 2025 Earnings Call November 5, 2025 1:00 PM EST Company Participants Joanna Park - VP of Investor Relations & Treasurer Francisco Leon - CEO, President & Di...
California Resources Corporation Reports Third Quarter 2025 Financial and Operating Results
Raised Quarterly Dividend by 5% Early Redemption of All Remaining 2026 Senior Notes LONG BEACH, Calif, Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (CRC) today report...
Carbon TerraVault Provides Third Quarter 2025 Update
Expands Power-To-CCS Story: Signs Carbon Management MOU with Capital Power for Up to 3 Million Metric Tons Per Annum of CO 2 Emissions LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Carbon Terr...
California Resources Corporation and Capital Power to Explore Decarbonized Power Solutions in California
CRC's Carbon TerraVault and Capital Power Sign MOU to Explore Transportation and Sequestration of up to 3 Million Metric Tons of CO 2 Emissions Per Year New MOU Demonstrates Rising Interest in Carbon ...
California Resources Corp. CEO: Doubled down on California when others left
Francisco Leon, California Resources Corp. CEO, joins 'Power Lunch' to discuss what'll happen to gas prices if California's refineries close, the company's clean energy efforts and much more.
California Resources Corporation Breaks Ground on California's First Carbon Capture and Storage Project
KERN COUNTY, Calif., Oct. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today hosted a groundbreaking ceremony for Carbon TerraVault I (CTV I), the Golden State's first car...
California Energy Headaches Drive Capitulation
California Resources Corporation benefits from new state policy enabling a return to drilling and clarifying the future for its Terravault sequestration project. SB 237 streamlines Kern County oil per...
California Resources Corporation Schedules Third Quarter 2025 Earnings Conference Call
LONG BEACH, Calif., Oct. 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its third quarter 2025 financial results on Tuesday, November 4th after market close...
California Resources Corporation Announces Redemption of 7.125% Senior Notes Due 2026
LONG BEACH, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) today announced that it has issued a notice of redemption (the “Notice”) with respec...
California Resources Corporation Announces Pricing of Private Offering of $400 Million of Senior Unsecured Notes
LONG BEACH, Calif., Sept. 24, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $400 million in aggregate pri...
California Resources Corporation Announces Private Offering of $400 Million of Senior Unsecured Notes
LONG BEACH, Calif., Sept. 24, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer an...
Leading California Energy into the Future: California Resources Corporation Releases 2024 Sustainability Report
LONG BEACH, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the publication of its 2024 Sustainability Report Summary and 2024 Sustainability Re...
BERRY CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Berry Corporation - BRY
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...
Golden State's Policy Shift To Benefit California Resources
California Resources Corp. (CRC) stands to benefit from Senate Bill 237, which streamlines permitting and shields Kern County drilling from environmental legal challenges. CRC's cautious expansion, st...
California Resources to merge with Berry Corp in $717 million deal
U.S. energy company California Resources said on Monday it would buy oil producer Berry Corp in an all-stock deal, which would value the target at about $717 million, including debt.
California Resources Corporation Announces All-Stock Combination with Berry Corporation
Highly Accretive Transaction Across Key Financial Metrics Enhances CRC's Portfolio Combination to Create a Stronger, More Efficient Leader in California Energy LONG BEACH, Calif. and DALLAS, Sept.
Leon: California is the largest economy in the United States, fourth in the world
Francisco Leon, CEO of California Resources Corporation, says the company balances oil, gas, and clean energy, emphasizing local production, strong demand, and carbon management as key growth drivers.
California Resources Corporation (CRC) Q2 2025 Earnings Call Transcript
California Resources Corporation (NYSE:CRC) Q2 2025 Earnings Conference Call August 6, 2025 1:00 PM ET Company Participants Chris D. Gould - Executive VP, Chief Sustainability Officer & MD of CTV Hol...
California Resources Corporation Reports Second Quarter 2025 Financial and Operating Results
Company Raises 2025E Production and Adjusted EBITDAX Guidance, Reduces Drilling, Completions and Workover Capital Program Returned Quarterly Record of $287 Million to Shareholders LONG BEACH, Calif., ...
Carbon TerraVault Provides Second Quarter 2025 Update
Carbon TerraVault JV Received Authorization to Construct CO2 Injection Wells From the U.S. EPA LONG BEACH, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon man...
California Resources Corporation Schedules Second Quarter 2025 Earnings Conference Call
LONG BEACH, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its second quarter 2025 financial results on Tuesday, August 5th after market close.
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California Resources Corporation (CRC) Q1 2025 Earnings Call Transcript
California Resources Corporation (NYSE:CRC) Q1 2025 Results Conference Call May 7, 2025 1:00 PM ET Company Participants Joanna Park - VP, IR & Treasurer Francisco Leon - CEO, President & Director Cli...
California Resources Reports First Quarter 2025 Financial and Operating Results
Returned $258 Million to Stakeholders, Maintained Balance Sheet Strength, Delivered Flat Quarter-Over-Quarter Total Net Production Company Reaffirms its 2025 Production, Capital Investment and Adjuste...
Carbon TerraVault Provides First Quarter 2025 Update
On Track to Inject CO 2 at California's First CCS Project by Year-End LONG BEACH, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of Cali...