California Resources Corporation (CRC)

NYSE: CRC · Delayed Price · USD
43.48
-0.63 (-1.43%)
At close: Jan 18, 2022 4:00 PM
45.00
1.52 (3.50%)
Pre-market:Jan 19, 2022 7:00 AM EST
Market Cap3.50B
Revenue (ttm)n/a
Net Income (ttm)n/a
Shares Out80.39M
EPS (ttm)46.75
PE Ratio0.93
Forward PE7.55
Dividend$0.17 (0.39%)
Ex-Dividend DateNov 30, 2021
Volume588,173
Open44.63
Previous Close44.11
Day's Range43.14 - 44.98
52-Week Range21.79 - 47.18
Betan/a
AnalystsStrong Buy
Price Target57.60 (+32.5%)
Earnings DateNov 11, 2021

About CRC

California Resources Corporation operates as an independent oil and natural gas company committed to energy transition in the sector. It has carbon intensity production in the United States, as well as focuses on developing carbon capture and storage (CCS) and other emissions reducing projects. The company explores for, produces, gathers, processes, 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 holds interests i...

IndustryOil, Gas & Consumable Fuels
Founded2014
CEOTodd Stevens
Employees1,000
Stock ExchangeNYSE
Ticker SymbolCRC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price forecast is 57.60, which is an increase of 32.47% from the latest price.

Price Target
$57.60
(32.47% upside)
Analyst Consensus: Strong Buy

News

California Resources Corporation Schedules Fourth Quarter and Full Year 2021 Earnings Conference Call

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will host its fourth quarter and full year 2021 financial results conference call on Thursday...

1 week ago - Business Wire

Energy Companies: Undervalued Without a Catalyst

I think the hydrocarbon sector looks incredibly attractive from a value perspective. A quick glance across the sector throws up a lot of companies trading at double-digit free cash flow ratios and other...

Other symbols:BPCEIXEQTXOM
1 month ago - GuruFocus

CRC Recognized With Leadership Level Ranking for 2021 Climate Disclosure by CDP for the Third Year in a Row

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2021 climate disclosure, securing a top score at CDP's Leadership Level for the third...

1 month ago - Business Wire

California Resources Corporation Announces Additional Investor Conference Participation

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that certain Company executives will be participating in the following virtual and in-person events i...

1 month ago - Business Wire

How Much Upside is Left in California Resources (CRC)? Wall Street Analysts Think 25%

The consensus price target hints at a 25% upside potential for California Resources (CRC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e...

2 months ago - Zacks Investment Research

California Resources Corporation Reports Third Quarter 2021 Results, Declares Inaugural Quarterly Dividend and Announ...

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported third quarte...

2 months ago - Business Wire

California Resources Corporation Board Member Tiffany (TJ) Thom Cepak Named to Savoy Magazine's 2021 List of “Most In...

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that Tiffany (TJ) Thom Cepak, Chair of the Board for CRC's Board of Directors, has been recognized as...

2 months ago - Business Wire

CRC Releases 2020 Sustainability Update Detailing Performance Metrics

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced the publication of its 2020 Sustainability Update. The update provides detai...

2 months ago - Business Wire

California Resources Corporation Schedules Third Quarter 2021 Earnings Conference Call and Announces Investor Confere...

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will host its third quarter 2021 financial results conference call on Thursday, November 11th...

3 months ago - Business Wire

10% Owner Of California Resources Makes $4.1M Sale

Steven Tananbaum, 10% Owner at California Resources (NYSE:CRC), made a large insider sell on October 5, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchang...

3 months ago - Benzinga

California Resources Corporation Schedules Virtual Carbon Storage Update

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will hold a virtual Carbon Storage Update on Wednesday, October 6, 2021, at 1 p.m. ET (10 a.m...

4 months ago - Business Wire

California Resources Corporation Reports Second Quarter 2021 Results, Increases Free Cash Flow Guidance, Raises Share...

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent oil and natural gas company committed to energy transition in the sector, today reported second quart...

5 months ago - Business Wire

California Resources Corporation Schedules Second Quarter 2021 Conference Call and Earnings Release

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will host its second quarter 2021 financial results conference call on Thursday, August 5th a...

6 months ago - Business Wire

California Resources Corporation Announces July Investor Conference Participation

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that the Company's executives will be participating in the 2021 TD Securities Virtual Energy Conferen...

6 months ago - Business Wire

California Resources Corporation Announces Appointment of First Chief Sustainability Officer

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) today announced that Chris Gould has been appointed as the Company's first ever Executive Vice Presid...

7 months ago - Business Wire

California Resources Corporation Announces First Quarter 2021 Results and $150 Million Share Repurchase Program

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent oil and natural gas exploration and production company, today reported first quarter 2021 operational...

8 months ago - Business Wire

California Resources Corporation Schedules First Quarter 2021 Conference Call and Earnings Release, and Announces Inv...

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will host its first quarter 2021 financial results conference call on Thursday, May 13 at 11:...

9 months ago - Business Wire

California Resources Corporation Announces Appointment of New Chair of the Board

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Director...

9 months ago - Business Wire

California Resources Corporation Announces Appointment of Permanent CEO

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today the appointment of Mark A. (“Mac”) McFarland as the Company's permanent President and...

9 months ago - Business Wire

California Resources Corporation Announces Fourth Quarter 2020 and Full Year Results

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent California-based oil and natural gas exploration and production company, today reported fourth quarte...

10 months ago - Business Wire

California Resources Corporation Schedules Fourth Quarter and Full Year 2020 Earnings Release; Announces Virtual Stra...

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) announced today that it will release its fourth quarter and full year 2020 financial results following the market clo...

10 months ago - Business Wire

California Resources Corporation Announces Functional Realignment and Streamlining of Leadership Team

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that it is reducing the size of its leadership team and realigning several functions ...

11 months ago - Business Wire

California Resources Corporation Announces Pricing of Private Offering of $600 Million of Senior Unsecured Notes

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $600 million in aggregate principal amount of ...

1 year ago - Business Wire

California Resources Corporation Announces Private Offering of $600 Million of Senior Unsecured Notes

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and sell to eligibl...

1 year ago - Business Wire

California Resources Corporation Announces CEO Departure

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (the “Company”) announced today that Todd A. Stevens, President and Chief Executive Officer, will be leaving the Comp...

1 year ago - Business Wire