California Resources Corporation (CRC)
| Market Cap | 4.19B +8.4% |
| Revenue (ttm) | 3.95B +12.0% |
| Net Income | -500.00M |
| EPS | -5.70 |
| Shares Out | 88.28M |
| PE Ratio | n/a |
| Forward PE | 12.72 |
| Dividend | $1.68 (3.54%) |
| Ex-Dividend Date | Dec 4, 2026 |
| Volume | 566,652 |
| Open | 47.95 |
| Previous Close | 47.12 |
| Day's Range | 46.74 - 48.28 |
| 52-Week Range | 43.25 - 71.98 |
| Beta | 0.95 |
| Analysts | Strong Buy |
| Price Target | 74.58 (+57.18%) |
| Earnings Date | Nov 2, 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 13 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price target is $74.58, which is an increase of 57.18% from the latest price.
News
California Resources Earnings Call Transcript: Q3 2026
Q3 adjusted EBITDAX reached $341 million, with production and cash generation ahead of expectations. Focus is shifting to optimizing California assets, restarting San Pablo Bay and advancing power and carbon opportunities.
California Resources Slides: Q3 2026
California Resources has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 3, 2026.
California Resources Earnings release: Q3 2026
California Resources released its Q3 2026 earnings on November 3, 2026, summarizing the period's financial results.
California Resources Quarterly report: Q3 2026
California Resources has published its Q3 2026 quarterly earnings report on November 3, 2026.
California Resources signs fuel cell power generation MOU with Bloom Energy
California Resources (CRC), and its carbon management business, Carbon TerraVault, announced the signing of a memorandum of understanding, or MOU, with Bloom Energy (BE), to jointly evaluate and targe...
California Resources reports Q3 adjusted EPS $1.17, consensus 97c
Reports Q3 revenue $1.096B, consensus $946.74M. “Our team continues to execute exceptionally well through strong operational performance, synergy realization from our strategic initiatives and impress...
California Resources Corporation Reports Third Quarter 2026 Financial and Operating Results
Raised Quarterly Dividend by 4% and Delivered 2% Quarter-over-Quarter Net Production Growth Sharpened Focus on California through Uinta Basin Sale and Closing of Crimson Midstream Acquisition LONG BE...
Carbon TerraVault Provides Third Quarter 2026 Update
Announced MOU with Bloom Energy to Advance 1 GW or More of Decarbonized Power in California Submitted a New EPA Class VI Permit Application for ~57 Million Metric Tons of Storage Volume LONG BEACH, Ca...
California Resources Corporation Announces Strategic Collaboration with Bloom Energy to Advance Decarbonized Power Across California
LONG BEACH, Calif., Nov. 02, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC), and its carbon management business, Carbon TerraVault (CTV), today announced the signing of a memora...
California Resources price target lowered to $68 from $73 at UBS
UBS analyst Josh Silverstein lowered the firm’s price target on California Resources (CRC) to $68 from $73 and keeps a Buy rating on the shares.
California Resources Corporation Schedules Third Quarter 2026 Earnings Conference Call
LONG BEACH, Calif., Oct. 07, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its third quarter 2026 financial results on Monday, November 2nd after market hours.
California Resources price target lowered to $91 from $93 at Stephens
Stephens lowered the firm’s price target on California Resources (CRC) to $91 from $93 and keeps an Overweight rating on the shares after the company announced an agreement to sell…
California Resources price target raised to $59 from $58 at Roth Capital
Roth Capital raised the firm’s price target on California Resources (CRC) to $59 from $58 and keeps a Buy rating on the shares after the company signed an agreement to…
California Resources announces $90M divestiture of Uinta Basin assets
California Resources (CRC) announced the signing of an agreement to divest its Uinta Basin assets to an undisclosed buyer for total cash consideration of approximately $90M, subject to customary purch...
California Resources Corporation Announces Divestiture of Uinta Basin Assets
LONG BEACH, Calif., Sept. 17, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the signing of an agreement to divest its Uinta Basin assets to an undisclosed buyer...
California Resources price target raised to $73 from $67 at UBS
UBS raised the firm’s price target on California Resources (CRC) to $73 from $67 and keeps a Buy rating on the shares. Energy remains attractive as higher oil prices strengthen…
California Resources resumed with a Buy at Stifel
Stifel analyst David Deckelbaum resumed coverage of California Resources (CRC) with a Buy rating and $68 price target The firm favors California Resources’ low decline profile and predictable free cas...
California Resources initiated with a Neutral at Seaport Research
Seaport Research initiated coverage of California Resources (CRC) with a Neutral rating.
California Resources Corporation Completes Acquisition of Crimson
LONG BEACH, Calif., Sept. 01, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the closing of its approximately $63 million all-cash acquisition of Crimson Midstre...
California Resources Slides: Corporate presentation
California Resources has posted slides in relation to its latest quarterly earnings report, which was published on September 1, 2026.
Driving California's Energy Future: California Resources Corporation Releases 2025 Sustainability Update
LONG BEACH, Calif., Aug. 31, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the publication of its 2025 Sustainability Report Update and 2025 Sustainability Repo...
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.