California Resources Statistics
Total Valuation
CRC has a market cap or net worth of $3.59 billion. The enterprise value is $3.73 billion.
| Market Cap | 3.59B |
| Enterprise Value | 3.73B |
Important Dates
The next estimated earnings date is Monday, July 29, 2024, after market close.
| Earnings Date | Jul 29, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
CRC has 68.27 million shares outstanding. The number of shares has decreased by -6.12% in one year.
| Shares Outstanding | 68.27M |
| Shares Change (YoY) | -6.12% |
| Shares Change (QoQ) | -4.43% |
| Owned by Insiders (%) | 0.80% |
| Owned by Institutions (%) | 109.78% |
| Float | 67.97M |
Valuation Ratios
The trailing PE ratio is 15.07 and the forward PE ratio is 8.20. CRC's PEG ratio is 0.71.
| PE Ratio | 15.07 |
| Forward PE | 8.20 |
| PS Ratio | 1.61 |
| Forward PS | 1.04 |
| PB Ratio | 1.72 |
| P/FCF Ratio | 15.09 |
| PEG Ratio | 0.71 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.94, with an EV/FCF ratio of 15.67.
| EV / Earnings | 14.74 |
| EV / Sales | 1.67 |
| EV / EBITDA | 5.94 |
| EV / EBIT | 9.14 |
| EV / FCF | 15.67 |
Financial Position
The company has a current ratio of 1.41, with a Debt / Equity ratio of 0.26.
| Current Ratio | 1.41 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.26 |
| Debt / EBITDA | 0.86 |
| Debt / FCF | 2.27 |
| Interest Coverage | 7.42 |
Financial Efficiency
Return on equity (ROE) is 11.90% and return on invested capital (ROIC) is 11.02%.
| Return on Equity (ROE) | 11.90% |
| Return on Assets (ROA) | 6.40% |
| Return on Capital (ROIC) | 11.02% |
| Revenue Per Employee | $2.30M |
| Profits Per Employee | $260,825 |
| Employee Count | 970 |
| Asset Turnover | 0.57 |
| Inventory Turnover | 15.33 |
Taxes
In the past 12 months, CRC has paid $100.00 million in taxes.
| Income Tax | 100.00M |
| Effective Tax Rate | 28.33% |
Stock Price Statistics
The stock price has increased by +16.24% in the last 52 weeks. The beta is 1.42, so CRC's price volatility has been higher than the market average.
| Beta (5Y) | 1.42 |
| 52-Week Price Change | +16.24% |
| 50-Day Moving Average | 49.91 |
| 200-Day Moving Average | 52.20 |
| Relative Strength Index (RSI) | 61.90 |
| Average Volume (20 Days) | 1,485,584 |
Short Selling Information
The latest short interest is 7.48 million, so 10.96% of the outstanding shares have been sold short.
| Short Interest | 7.48M |
| Short Previous Month | 6.70M |
| Short % of Shares Out | 10.96% |
| Short % of Float | 11.00% |
| Short Ratio (days to cover) | 7.91 |
Income Statement
In the last 12 months, CRC had revenue of $2.23 billion and earned $253.00 million in profits. Earnings per share was $3.49.
| Revenue | 2.23B |
| Gross Profit | 1.20B |
| Operating Income | 405.00M |
| Pretax Income | 353.00M |
| Net Income | 253.00M |
| EBITDA | 628.00M |
| EBIT | 408.00M |
| Earnings Per Share (EPS) | $3.49 |
Balance Sheet
The company has $403.00 million in cash and $541.00 million in debt, giving a net cash position of -$138.00 million or -$2.02 per share.
| Cash & Cash Equivalents | 403.00M |
| Total Debt | 541.00M |
| Net Cash | -138.00M |
| Net Cash Per Share | -$2.02 |
| Equity (Book Value) | 2.09B |
| Book Value Per Share | 30.66 |
| Working Capital | 245.00M |
Cash Flow
In the last 12 months, operating cash flow was $430.00 million and capital expenditures -$192.00 million, giving a free cash flow of $238.00 million.
| Operating Cash Flow | 430.00M |
| Capital Expenditures | -192.00M |
| Free Cash Flow | 238.00M |
| FCF Per Share | $3.45 |
Margins
Gross margin is 53.97%, with operating and profit margins of 18.15% and 11.34%.
| Gross Margin | 53.97% |
| Operating Margin | 18.15% |
| Pretax Margin | 15.82% |
| Profit Margin | 11.34% |
| EBITDA Margin | 28.15% |
| EBIT Margin | 18.29% |
| FCF Margin | 10.67% |
Dividends & Yields
This stock pays an annual dividend of $1.24, which amounts to a dividend yield of 2.36%.
| Dividend Per Share | $1.24 |
| Dividend Yield | 2.36% |
| Dividend Growth (YoY) | 19.16% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 35.53% |
| Buyback Yield | 6.12% |
| Shareholder Yield | 8.48% |
| Earnings Yield | 7.05% |
| FCF Yield | 6.63% |
Analyst Forecast
The average price target for CRC is $64.17, which is 22.00% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $64.17 |
| Price Target Difference | 22.00% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 1, 2016. It was a reverse split with a ratio of 1:10.
| Last Split Date | Jun 1, 2016 |
| Split Type | Reverse |
| Split Ratio | 1:10 |
Scores
CRC has an Altman Z-Score of 2.67 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.67 |
| Piotroski F-Score | 7 |