California Resources Corporation (CRC)

NYSE: CRC · Real-Time Price · USD
57.41
-0.41 (-0.71%)
Sep 18, 2025, 3:29 PM EDT - Market open
-0.71%
Market Cap4.80B
Revenue (ttm)3.62B
Net Income (ttm)665.00M
Shares Out 83.68M
EPS (ttm)7.21
PE Ratio7.98
Forward PE16.87
Dividend$1.55 (2.69%)
Ex-Dividend DateAug 27, 2025
Volume524,779
Open57.99
Previous Close57.82
Day's Range57.12 - 58.08
52-Week Range30.97 - 60.41
Beta1.54
AnalystsStrong Buy
Price Target65.00 (+13.22%)
Earnings DateNov 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]

Sector Energy
Founded 2014
Employees 1,550
Stock Exchange NYSE
Ticker Symbol CRC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$65.0
(13.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

4 hours ago - GlobeNewsWire

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 ...

Other symbols: BRY
1 day ago - Business Wire

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...

2 days ago - Seeking Alpha

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.

3 days ago - Reuters

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.

Other symbols: BRY
3 days ago - GlobeNewsWire

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.

23 days ago - CNBC Television

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...

6 weeks ago - Seeking Alpha

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., ...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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.

2 months ago - GlobeNewsWire

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!

Other symbols: APHCOKERLJTMUS
2 months ago - Forbes

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

5 months ago - GlobeNewsWire

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.

6 months ago - Benzinga

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 ...

7 months ago - Seeking Alpha

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:...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire