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California Resources Corporation (CRC)

NYSE: CRC · IEX Real-Time Price · USD
41.10 0.10 (0.23%)
Sep 21, 2021 1:00 PM EDT - Market open
Market Cap3.40B
Revenue (ttm)1.98B
Net Income (ttm)n/a
Shares Out83.32M
EPS (ttm)52.02
PE Ratio0.79
Forward PE8.55
Dividendn/a
Ex-Dividend Daten/a
Volume422,441
Open41.50
Previous Close41.00
Day's Range40.35 - 41.55
52-Week Range10.99 - 44.58
Betan/a
Analystsn/a
Price Target1.30 (-96.8%)
Est. Earnings DateNov 4, 2021

About CRC

California Resources Corporation operates as an independent oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.1 million net acres of mineral acreage. As of December 31, 2020, the company had proved reserves of 442 million barrels of oil equivalent. It also engages in the generation and sale of e...

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

Financial Performance

In 2019, CRC's revenue was $2.63 billion, a decrease of -14.03% compared to the previous year's $3.06 billion. Losses were -$10.00 million, 400.0% more than in 2018.

Financial Statements

News

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 weeks 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...

1 month 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...

2 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...

2 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...

3 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...

4 months ago - Business Wire

California Resources Corporation Announces Additional 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 Virtual Wells Fargo Energy Conference...

4 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:...

5 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...

5 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...

5 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...

6 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...

6 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 ...

7 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 ...

8 months 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...

8 months 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...

8 months ago - Business Wire

CRC Recognized with Leadership Level Ranking for 2020 Climate Disclosure by CDP

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) received an A- from CDP for its 2020 climate disclosure, securing a top score at CDP's Leadership Level. CRC once aga...

9 months ago - Business Wire

California Resources Corporation to Participate in December 2020 Investor Conference

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Shawn Kerns, Executiv...

9 months ago - Business Wire

California Resources Corporation Announces Third Quarter 2020 Results

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, today reported a net loss attributab...

10 months ago - Business Wire

California Resources Corporation to Participate in November 2020 Investor Conference

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC), an independent California-based oil and gas exploration and production company, announced that Todd Stevens, CRC's P...

10 months ago - Business Wire

CRC Releases 2019 Sustainability Report Detailing Sustainability Goals, Progress and Industry ESG Leadership

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) today announced the publication of its third annual Sustainability Report. The report provid...

10 months ago - Business Wire

California Resources Corporation Announces Its Third Quarter 2020 Earnings Release and Conference Call

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) will host its third quarter 2020 financial results conference call on Thursday, November 5th at 5:00 p.m. EST (2:00 p...

10 months ago - Business Wire

California Resources Corporation Completes Financial Restructuring

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced that it will today complete its financial restructuring and emerge from the bankru...

10 months ago - Business Wire

California Resources Corporation Announces Additional Support for Restructuring Plan

SANTA CLARITA, Calif.--(BUSINESS WIRE)--California Resources Corporation (OTC: CRCQQ) announced today that it has entered into an amended and restated Restructuring Support Agreement with approximately ...

1 year ago - Business Wire

California Resources Files for Bankruptcy

California's leading oil and gas producer became the oil crash's latest victim.

1 year ago - The Motley Fool