Home » Stocks » CRCQQ

California Resources Corporation (CRCQQ)

Oct 27, 2020 - Stock symbol was changed to CRC
Stock Price: $0.0281 USD -0.0149 (-34.65%)
Updated Oct 27, 2020 3:58 PM EDT

Stock Price Chart

Key Info

Market Cap 1.39M
Revenue (ttm) 2.14B
Net Income (ttm) -2.04B
Shares Out 49.45M
EPS (ttm) -41.35
PE Ratio n/a
Forward PE 3.83
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 27, 2020
Last Price $0.0281
Previous Close $0.0430
Change ($) -0.0149
Change (%) -34.65%
Day's Open 0.0430
Day's Range 0.0275 - 0.0487
Day's Volume 2,294,238
52-Week Range 0.0271 - 11.08

More Stats

Market Cap 1.39M
Enterprise Value 4.96B
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 49.45M
Float 47.99M
EPS (basic) -41.36
EPS (diluted) -41.35
FCF / Share 4.53
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield 16,119.31%
Payout Ratio n/a
Shares Short 13.29M
Short Ratio 2.36
Short % of Float 27.70%
Beta 4.86
PE Ratio n/a
Forward PE 3.83
P/FCF Ratio 0.01
PS Ratio 0.00
PB Ratio n/a
Revenue 2.14B
Operating Income -1.51B
Net Income -2.04B
Free Cash Flow 224.00M
Net Cash -4.96B
Net Cash / Share -100.24
Gross Margin 87.45%
Operating Margin -70.75%
Profit Margin -95.30%
FCF Margin 10.47%
ROA 3.62%
ROE n/a
ROIC -18.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$1.30*
Low
1.30
Current: $0.0281
High
1.30
Target: 1.30
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201620152014201320122011
Revenue2,6343,0642,0061,5472,4034,1734,2844,0733,934
Revenue Growth-14.03%52.74%29.67%-35.62%-42.42%-2.59%5.18%3.53%-
Gross Profit1,5822,0039946031,2722,8993,1132,6872,717
Operating Income42976973.00-293-5,142-2,3491,4471,1811,641
Net Income-28.00328-266279-3,554-1,434869699971
Shares Outstanding49.1248.5742.8741.2238.7838.56---
Earnings Per Share-0.576.77-6.266.76-92.79-37.5422.4018.00-
EPS Growth------24.44%--
Operating Cash Flow6764612481304032,3712,4762,2232,456
Capital Expenditures-540-621-344-81.00-606-2,020-1,669-2,331-2,164
Free Cash Flow136-160-96.0049.00-203351807-108292
Cash & Equivalents17.0017.0020.0012.0012.0014.00---
Total Debt4,9775,2515,3065,2686,1436,360---
Net Cash / Debt-4,960-5,234-5,286-5,256-6,131-6,346---
Assets6,9587,1586,2076,3547,05312,42914,29713,764-
Liabilities7,2547,4056,9276,9117,9699,8184,3083,904-
Book Value-389-361-814-557-9162,6119,9899,860-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name California Resources Corporation
Country United States
Employees 1,250
CEO Todd A. Stevens

Stock Information

Ticker Symbol CRCQQ
Stock Exchange US OTC
Sector Energy
Industry Oil & Gas E&P
Unique Identifier OTCMKTS: CRCQQ

Description

California Resources Corporation operates as an 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 2.2 million net acres of mineral acreage. As of December 31, 2019, the company had net proved reserves of 644 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the grid and utility customers. The company was founded in 2014 and is based in Santa Clarita, California. On July 15, 2020, California Resources Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.