California Resources Corporation (CRC)
| Market Cap | 4.65B +14.0% |
| Revenue (ttm) | 3.46B +3.8% |
| Net Income | -463.00M |
| EPS | -5.36 |
| Shares Out | 88.79M |
| PE Ratio | n/a |
| Forward PE | 9.19 |
| Dividend | $1.62 (3.04%) |
| Ex-Dividend Date | May 29, 2026 |
| Volume | 773,039 |
| Open | 53.78 |
| Previous Close | 53.34 |
| Day's Range | 51.55 - 53.98 |
| 52-Week Range | 43.25 - 71.98 |
| Beta | 0.92 |
| Analysts | Strong Buy |
| Price Target | 80.18 (+53.25%) |
| Earnings Date | Aug 10, 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 11 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price target is $80.18, which is an increase of 53.25% from the latest price.
News
California Resources price target lowered to $70 from $78 at UBS
UBS analyst Josh Silverstein lowered the firm’s price target on California Resources (CRC) to $70 from $78 and keeps a Buy rating on the shares.
California Resources Slides: Corporate presentation
California Resources has posted slides in relation to its latest quarterly earnings report, which was published on July 8, 2026.
California Resources Corporation Schedules Second Quarter 2026 Earnings Conference Call
LONG BEACH, Calif., July 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its second quarter 2026 financial results on Monday, August 10th before market hours...
California Resources price target lowered to $70 from $78 at Citi
Citi lowered the firm’s price target on California Resources (CRC) to $70 from $78 and keeps a Buy rating on the shares. The recent fall in Brent prices has lowered…
California Resources Corporation Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of its private offering of $550 million in aggregate prin...
California Resources Corporation Announces Private Offering of $550 Million of Senior Unsecured Notes
LONG BEACH, Calif., June 16, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer and...
California Resources Slides: Corporate presentation
California Resources has posted slides in relation to its latest quarterly earnings report, which was published on May 28, 2026.
California Resources price target raised to $87 from $86 at Mizuho
Mizuho analyst Nitin Kumar raised the firm’s price target on California Resources (CRC) to $87 from $86 and keeps an Outperform rating on the shares. The firm expects the impact…
California Resources achieves first CO2 injection at Carbon TerraVault I
California Resources (CRC) has achieved the first landmark carbon dioxide injection at Carbon TerraVault I. “First injection at CTV I demonstrates that California can lead on climate solutions that ar...
California Resources price target raised to $80 from $72 at Barclays
Barclays raised the firm’s price target on California Resources (CRC) to $80 from $72 and keeps an Overweight rating on the shares. The firm says depleting inventories, shrinking OPEC spare…
California Resources Corporation Achieves First CO₂ Injection at Carbon TerraVault I, a Major Milestone for Carbon Management in California
KERN COUNTY, Calif., May 26, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) has achieved the first landmark carbon dioxide (CO2) injection at Carbon TerraVault I (CTV I), a firs...
California Resources upgraded to Buy from Neutral at Citi
Citi upgraded California Resources (CRC) to Buy from Neutral with a price target of $78, up from $74. Despite the recent rally in the exploration and production sector, Citi still…
California Resources upgraded to Buy from Neutral at Citi
Citi upgraded California Resources (CRC) to Buy from Neutral with a $78 price target
California Resources price target lowered to $78 from $82 at UBS
UBS lowered the firm’s price target on California Resources (CRC) to $78 from $82 and keeps a Buy rating on the shares.
California Resources Earnings Call Transcript: Q1 2026
Q1 2026 saw strong financial performance, with adjusted EBITDA 17% above guidance and a raised full-year outlook. Accelerated drilling, improved capital efficiency, and CCS milestones position the business for growth, while merger synergies and disciplined capital allocation enhance returns.
California Resources Earnings release: Q1 2026
California Resources released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
California Resources Slides: Q1 2026
California Resources has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
California Resources Quarterly report: Q1 2026
California Resources has published its Q1 2026 quarterly earnings report on May 6, 2026.
California Resources Corporation Reports First Quarter 2026 Financial and Operating Results
Increasing Second Half 2026 Activity to Accelerate Development of Long Duration Oil Inventory Raising 2026E Adjusted EBITDAX Guidance by 42% Driven by Strong Oil Prices, Increased Target Synergies and...
Carbon TerraVault Provides First Quarter 2026 Update
LONG BEACH, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), today provided a first quart...
California Resources price target raised to $77 from $76 at BofA
BofA raised the firm’s price target on California Resources (CRC) to $77 from $76 and keeps a Buy rating on the shares. The firm is updating its price targets for…
California Resources price target raised to $82 from $81 at UBS
UBS analyst Josh Silverstein raised the firm’s price target on California Resources (CRC) to $82 from $81 and keeps a Buy rating on the shares. The firm upped the price…
These energy stocks are especially cheap when you consider how expensive oil has become
Among equity analysts, a “rerating” is when the stock market catches up to an underlying trend. Energy stocks had started to increase before the attack against Iran by the U.S. and Israel caused oil p...
California Resources Corporation Schedules First Quarter 2026 Earnings Conference Call
LONG BEACH, Calif., April 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its first quarter 2026 financial results on Tuesday, May 5th after market close.
California Resources price target raised to $74 from $67 at Citi
Citi analyst Scott Gruber raised the firm’s price target on California Resources (CRC) to $74 from $67 and keeps a Neutral rating on the shares. Citi updated models in the…