California Resources Corporation (CRC)
Market Cap | 4.80B |
Revenue (ttm) | 3.62B |
Net Income (ttm) | 665.00M |
Shares Out | 83.68M |
EPS (ttm) | 7.21 |
PE Ratio | 7.98 |
Forward PE | 16.87 |
Dividend | $1.55 (2.69%) |
Ex-Dividend Date | Aug 27, 2025 |
Volume | 524,779 |
Open | 57.99 |
Previous Close | 57.82 |
Day's Range | 57.12 - 58.08 |
52-Week Range | 30.97 - 60.41 |
Beta | 1.54 |
Analysts | Strong Buy |
Price Target | 65.00 (+13.22%) |
Earnings Date | Nov 4, 2025 |
About CRC
California Resources Corporation operates as an independent energy and carbon management company in the United States. It operates in two segments, Oil and Natural Gas, and Carbon Management. The company explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. It also provides Carbon TerraVault which build, install, operate, and maintain CO2 capture equipment, transportation assets, and storage facilities. In addition, the company owns and operates... [Read more]
Financial Performance
In 2024, California Resources's revenue was $2.93 billion, an increase of 5.70% compared to the previous year's $2.77 billion. Earnings were $376.00 million, a decrease of -33.33%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for CRC stock is "Strong Buy." The 12-month stock price target is $65.0, which is an increase of 13.22% from the latest price.
News

Leading California Energy into the Future: California Resources Corporation Releases 2024 Sustainability Report
LONG BEACH, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced the publication of its 2024 Sustainability Report Summary and 2024 Sustainability Re...

BERRY CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Berry Corporation - BRY
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ...

Golden State's Policy Shift To Benefit California Resources
California Resources Corp. (CRC) stands to benefit from Senate Bill 237, which streamlines permitting and shields Kern County drilling from environmental legal challenges. CRC's cautious expansion, st...

California Resources to merge with Berry Corp in $717 million deal
U.S. energy company California Resources said on Monday it would buy oil producer Berry Corp in an all-stock deal, which would value the target at about $717 million, including debt.

California Resources Corporation Announces All-Stock Combination with Berry Corporation
Highly Accretive Transaction Across Key Financial Metrics Enhances CRC's Portfolio Combination to Create a Stronger, More Efficient Leader in California Energy LONG BEACH, Calif. and DALLAS, Sept.
Leon: California is the largest economy in the United States, fourth in the world
Francisco Leon, CEO of California Resources Corporation, says the company balances oil, gas, and clean energy, emphasizing local production, strong demand, and carbon management as key growth drivers.

California Resources Corporation (CRC) Q2 2025 Earnings Call Transcript
California Resources Corporation (NYSE:CRC) Q2 2025 Earnings Conference Call August 6, 2025 1:00 PM ET Company Participants Chris D. Gould - Executive VP, Chief Sustainability Officer & MD of CTV Hol...

California Resources Corporation Reports Second Quarter 2025 Financial and Operating Results
Company Raises 2025E Production and Adjusted EBITDAX Guidance, Reduces Drilling, Completions and Workover Capital Program Returned Quarterly Record of $287 Million to Shareholders LONG BEACH, Calif., ...

Carbon TerraVault Provides Second Quarter 2025 Update
Carbon TerraVault JV Received Authorization to Construct CO2 Injection Wells From the U.S. EPA LONG BEACH, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon man...

California Resources Corporation Schedules Second Quarter 2025 Earnings Conference Call
LONG BEACH, Calif., July 07, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its second quarter 2025 financial results on Tuesday, August 5th after market close.

5 Stocks To Watch For Great Dividend Growth
ADP showed us that the private sector is now shedding jobs. That's bad for workers—but it's great news for earnings season (and dividend growth stocks!

California Resources Corporation (CRC) Q1 2025 Earnings Call Transcript
California Resources Corporation (NYSE:CRC) Q1 2025 Results Conference Call May 7, 2025 1:00 PM ET Company Participants Joanna Park - VP, IR & Treasurer Francisco Leon - CEO, President & Director Cli...

California Resources Reports First Quarter 2025 Financial and Operating Results
Returned $258 Million to Stakeholders, Maintained Balance Sheet Strength, Delivered Flat Quarter-Over-Quarter Total Net Production Company Reaffirms its 2025 Production, Capital Investment and Adjuste...

Carbon TerraVault Provides First Quarter 2025 Update
On Track to Inject CO 2 at California's First CCS Project by Year-End LONG BEACH, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of Cali...

California Resources Corporation Schedules First Quarter 2025 Earnings Conference Call
LONG BEACH, Calif., April 07, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its first quarter 2025 financial results on Tuesday, May 6th after market close.

California Resources Faces Permit Challenges And Oversupply Risks—Analyst Sees Growth, But Stay Cautious
J.P. Morgan analyst Alejandra Magana maintained a Neutral rating on California Resources Corporation CRC with a price forecast of $63.

California Resources Corporation (CRC) Q4 2024 Earnings Call Transcript
California Resources Corporation (NYSE:CRC) Q4 2024 Earnings Conference Call March 3, 2025 1:00 PM ET Company Participants Joanna Park - VP, IR & Treasurer Francisco Leon - CEO, President & Director ...

California Resources Reports Fourth Quarter and Full Year 2024 Financial and Operating Results
Achieves Meaningful Capital Efficiency Improvements and Significant Cost Reductions Following Aera Merger LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:...

Carbon TerraVault Provides 2024 Update
Signs Carbon Management MOU 1 with National Cement for California's First Net Zero Cement Facility LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbo...

Carbon TerraVault and National Cement Sign MOU for California's First Net Zero Cement Facility
Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO 2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYS...

California Resources Corporation Announces $100,000 Donation to Southern California Wildfire Relief and Recovery Efforts
LONG BEACH, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC), an independent energy and carbon management company, today announced a total contribution of $100,00...

California Resources Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call
LONG BEACH, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its fourth quarter and full year 2024 financial results on Monday, March 3rd before ...

CRC Approves California's First Carbon Capture and Storage Project
Project to Capture and Store up to 100 Thousand Metric Tons of CO 2 Annually From the Elk Hills Cryogenic Gas Plant LONG BEACH, Calif., Jan. 06, 2025 (GLOBE NEWSWIRE) -- California Resources Corporati...

CRC's Carbon TerraVault Receives EPA Permits for CO2 Injection and Storage in California
Represents Nation's First Class VI Permits to Sequester CO2 in Depleted Oil and Natural Gas Fields LONG BEACH, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) an...

California Resources Corporation Announces January Investor Conference Participation
LONG BEACH, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC), an independent energy and carbon management company committed to energy transition, announced today ...