California Resources Corporation (CRC)

Market Cap	3.78B
Revenue (ttm)	2.80B
Net Income (ttm)	564.00M
Shares Out	68.76M
EPS (ttm)	7.78
PE Ratio	7.06
Forward PE	11.03
Dividend	$1.24 (2.26%)
Ex-Dividend Date	Mar 5, 2024

Volume	380,530
Open	55.58
Previous Close	55.76
Day's Range	54.70 - 55.75
52-Week Range	37.21 - 58.44
Beta	1.48
Analysts	Strong Buy
Price Target	64.00 (+16.51%)
Earnings Date	May 7, 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

Financial Performance

In 2023, CRC's revenue was $2.80 billion, an increase of 3.47% compared to the previous year's $2.71 billion. Earnings were $564.00 million, an increase of 7.63%.

Analyst Forecast

According to 8 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price forecast is $64.0, which is an increase of 16.51% from the latest price.

Price Target

$64.0

(16.51% upside)

Analyst Consensus: Strong Buy