California Resources Statistics
Total Valuation
CRC has a market cap or net worth of $4.72 billion. The enterprise value is $4.92 billion.
| Market Cap | 4.72B |
| Enterprise Value | 4.92B |
Important Dates
The next confirmed earnings date is Tuesday, November 5, 2024, after market close.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | Aug 30, 2024 |
Share Statistics
CRC has 89.20 million shares outstanding. The number of shares has decreased by -4.99% in one year.
| Shares Outstanding | 89.20M |
| Shares Change (YoY) | -4.99% |
| Shares Change (QoQ) | +1.30% |
| Owned by Insiders (%) | 0.61% |
| Owned by Institutions (%) | 104.72% |
| Float | 88.36M |
Valuation Ratios
The trailing PE ratio is 22.66 and the forward PE ratio is 11.89.
| PE Ratio | 22.66 |
| Forward PE | 11.89 |
| PS Ratio | 1.61 |
| Forward PS | 1.24 |
| PB Ratio | 1.75 |
| P/FCF Ratio | 20.32 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.77, with an EV/FCF ratio of 21.20.
| EV / Earnings | 30.00 |
| EV / Sales | 2.18 |
| EV / EBITDA | 21.77 |
| EV / EBIT | 546.58 |
| EV / FCF | 21.20 |
Financial Position
The company has a current ratio of 2.43, with a Debt / Equity ratio of 0.60.
| Current Ratio | 2.43 |
| Quick Ratio | 2.23 |
| Debt / Equity | 0.60 |
| Debt / EBITDA | 4.14 |
| Debt / FCF | 5.32 |
| Interest Coverage | 0.16 |
Financial Efficiency
Return on equity (ROE) is 7.88% and return on invested capital (ROIC) is 0.19%.
| Return on Equity (ROE) | 7.88% |
| Return on Assets (ROA) | 0.13% |
| Return on Capital (ROIC) | 0.19% |
| Revenue Per Employee | $2.33M |
| Profits Per Employee | $169,072 |
| Employee Count | 970 |
| Asset Turnover | 0.54 |
| Inventory Turnover | 17.20 |
Taxes
In the past 12 months, CRC has paid $65.00 million in taxes.
| Income Tax | 65.00M |
| Effective Tax Rate | 28.38% |
Stock Price Statistics
The stock price has increased by +1.99% in the last 52 weeks. The beta is 1.43, so CRC's price volatility has been higher than the market average.
| Beta (5Y) | 1.43 |
| 52-Week Price Change | +1.99% |
| 50-Day Moving Average | 51.75 |
| 200-Day Moving Average | 51.39 |
| Relative Strength Index (RSI) | 53.52 |
| Average Volume (20 Days) | 587,401 |
Short Selling Information
The latest short interest is 5.81 million, so 6.52% of the outstanding shares have been sold short.
| Short Interest | 5.81M |
| Short Previous Month | 5.50M |
| Short % of Shares Out | 6.52% |
| Short % of Float | 6.58% |
| Short Ratio (days to cover) | 7.62 |
Income Statement
In the last 12 months, CRC had revenue of $2.26 billion and earned $164.00 million in profits. Earnings per share was $2.33.
| Revenue | 2.26B |
| Gross Profit | 1.18B |
| Operating Income | 9.00M |
| Pretax Income | 229.00M |
| Net Income | 164.00M |
| EBITDA | 226.00M |
| EBIT | 9.00M |
| Earnings Per Share (EPS) | $2.33 |
Balance Sheet
The company has $1.03 billion in cash and $1.24 billion in debt, giving a net cash position of -$204.00 million or -$2.29 per share.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 1.24B |
| Net Cash | -204.00M |
| Net Cash Per Share | -$2.29 |
| Equity (Book Value) | 2.05B |
| Book Value Per Share | 30.23 |
| Working Capital | 846.00M |
Cash Flow
In the last 12 months, operating cash flow was $419.00 million and capital expenditures -$187.00 million, giving a free cash flow of $232.00 million.
| Operating Cash Flow | 419.00M |
| Capital Expenditures | -187.00M |
| Free Cash Flow | 232.00M |
| FCF Per Share | $2.60 |
Margins
Gross margin is 52.41%, with operating and profit margins of 0.40% and 7.26%.
| Gross Margin | 52.41% |
| Operating Margin | 0.40% |
| Pretax Margin | 10.14% |
| Profit Margin | 7.26% |
| EBITDA Margin | 10.00% |
| EBIT Margin | 0.40% |
| FCF Margin | 10.77% |
Dividends & Yields
This stock pays an annual dividend of $1.55, which amounts to a dividend yield of 2.93%.
| Dividend Per Share | $1.55 |
| Dividend Yield | 2.93% |
| Dividend Growth (YoY) | 16.59% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 66.45% |
| Buyback Yield | 4.99% |
| Shareholder Yield | 7.92% |
| Earnings Yield | 3.48% |
| FCF Yield | 4.92% |
Analyst Forecast
The average price target for CRC is $64.60, which is 22.21% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $64.60 |
| Price Target Difference | 22.21% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
CRC has an Altman Z-Score of 2.05 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.05 |
| Piotroski F-Score | 5 |