California Resources Corporation (CRC)

Market Cap	5.46B
Revenue (ttm)	2.59B
Net Income (ttm)	531.00M
Shares Out	91.71M
EPS (ttm)	6.96
PE Ratio	8.56
Forward PE	13.57
Dividend	$1.55 (2.60%)
Ex-Dividend Date	Aug 30, 2024

Volume	386,947
Open	59.43
Previous Close	59.58
Day's Range	59.37 - 60.05
52-Week Range	43.09 - 60.41
Beta	1.43
Analysts	Strong Buy
Price Target	64.60 (+8.41%)
Earnings Date	Nov 5, 2024

About CRC

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...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 2014
• Employees: 970
• Stock Exchange: NYSE
• Ticker Symbol: CRC
• Website: https://www.crc.com

Financial Performance

In 2023, California Resources's revenue was $2.77 billion, a decrease of -14.01% compared to the previous year's $3.22 billion. Earnings were $564.00 million, an increase of 7.63%.

Analyst Forecast

According to 10 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price forecast is $64.6, which is an increase of 8.41% from the latest price.

Price Target

$64.6

(8.41% upside)

Analyst Consensus: Strong Buy