California Resources Corporation (CRC)

US — Energy Sector
Peers: BRY  MGY  CRK  GPOR  EPM  GPRK  GRNT  PHX  EPSN  CNX  CIVI  MTDR  CHRD  SBOW  NRT 

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Key Metrics & Ratings

  • symbol CRC
  • Rev/Share 40.6843
  • Book/Share 38.8079
  • PB 1.1382
  • Debt/Equity 0.3117
  • CurrentRatio 0.8314
  • ROIC 0.1056

 

  • MktCap 3938859750.0
  • FreeCF/Share 7.4834
  • PFCF 5.8095
  • PE 7.9876
  • Debt/Assets 0.1605
  • DivYield 0.0351
  • ROE 0.159

 

  • Rating A
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 5
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade CRC Barclays Equal Weight Overweight -- $60 May 30, 2025
Downgrade CRC Citigroup Buy Neutral -- $36 April 7, 2025
Initiation CRC Truist -- Buy -- $75 Jan. 13, 2025
Initiation CRC JP Morgan -- Neutral -- $63 Dec. 20, 2024
Initiation CRC Stephens -- Overweight -- $73 Oct. 22, 2024
Initiation CRC UBS -- Buy -- $68 Oct. 16, 2024
Upgrade CRC BofA Securities Neutral Buy $57 $65 Aug. 21, 2024

News

3 Top-Rated Energy Companies Staging Strong Recoveries
BKV, CRC, SOC
Published: June 02, 2025 by: MarketBeat
Sentiment: Negative

Energy stocks, as represented by a benchmark exchange-traded fund (ETF), the Energy Select Sector SPDR Fund NYSEARCA: XLE, have had a difficult first half of 2025. The sector plunged in early April on a combination of tariff uncertainty and broader geopolitical moves in the oil and gas space, and it has failed to fully recover since then.

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image for news 3 Top-Rated Energy Companies Staging Strong Recoveries
California Resources Corporation (CRC) Q1 2025 Earnings Call Transcript
CRC
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Neutral

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 Clio Crespy - EVP & CFO Conference Call Participants Scott Hanold - RBC Capital Markets Josh Silverstein - RBC Capital Markets Kale Akamine - Bank of America Nate Pendleton - Texas Capital Betty Jiang - Barclays Leo Mariani - ROTH Phillips Johnston - Capital One Nitin Kumar - Mizuho Noel Parks - Tuohy Brothers Investment Operator Good day, and welcome to the California Resources Corporation First Quarter 2025 …

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image for news California Resources Corporation (CRC) Q1 2025 Earnings Call Transcript
California Resources Corporation (CRC) Surpasses Q1 Earnings and Revenue Estimates
CRC
Published: May 06, 2025 by: Zacks Investment Research
Sentiment: Positive

California Resources Corporation (CRC) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.75 per share a year ago.

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image for news California Resources Corporation (CRC) Surpasses Q1 Earnings and Revenue Estimates
California Resources Reports First Quarter 2025 Financial and Operating Results
CRC
Published: May 06, 2025 by: GlobeNewsWire
Sentiment: Neutral

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 Adjusted EBITDAX Guidance LONG BEACH, Calif., May 06, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the first quarter of 2025.

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image for news California Resources Reports First Quarter 2025 Financial and Operating Results
Carbon TerraVault Provides First Quarter 2025 Update
CRC
Published: May 06, 2025 by: GlobeNewsWire
Sentiment: Neutral

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 California Resources Corporation (NYSE: CRC), provided an update on its first quarter 2025 operations.

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image for news Carbon TerraVault Provides First Quarter 2025 Update
California Resources Corporation (CRC) Earnings Expected to Grow: Should You Buy?
CRC
Published: April 29, 2025 by: Zacks Investment Research
Sentiment: Neutral

California Resources (CRC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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image for news California Resources Corporation (CRC) Earnings Expected to Grow: Should You Buy?
California Resources Corporation Schedules First Quarter 2025 Earnings Conference Call
CRC
Published: April 07, 2025 by: GlobeNewsWire
Sentiment: Neutral

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.

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image for news California Resources Corporation Schedules First Quarter 2025 Earnings Conference Call
California Resources Faces Permit Challenges And Oversupply Risks—Analyst Sees Growth, But Stay Cautious
CRC
Published: March 14, 2025 by: Benzinga
Sentiment: Neutral

J.P. Morgan analyst Alejandra Magana maintained a Neutral rating on California Resources Corporation CRC with a price forecast of $63.

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image for news California Resources Faces Permit Challenges And Oversupply Risks—Analyst Sees Growth, But Stay Cautious
California Resources Corporation (CRC) Q4 2024 Earnings Call Transcript
CRC
Published: March 03, 2025 by: Seeking Alpha
Sentiment: Neutral

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 Clio Crespy - EVP & CFO Francisco Leon - CEO, President & Director Jay Bys - EVP & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Merrill Lynch Nate Pendleton - Texas Capital Josh Silverstein - UBS Betty Jiang - Barclays Neal Dingmann - Truist Securities David Deckelbaum - TD Cowen Alejandra Magana - JPMorgan Leo Mariani - …

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image for news California Resources Corporation (CRC) Q4 2024 Earnings Call Transcript
California Resources Corporation (CRC) Lags Q4 Earnings and Revenue Estimates
CRC
Published: March 03, 2025 by: Zacks Investment Research
Sentiment: Negative

California Resources Corporation (CRC) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.93 per share a year ago.

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image for news California Resources Corporation (CRC) Lags Q4 Earnings and Revenue Estimates
CRC or RRC: Which Is the Better Value Stock Right Now?
CRC, RRC
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with California Resources Corporation (CRC) and Range Resources (RRC). But which of these two stocks presents investors with the better value opportunity right now?

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image for news CRC or RRC: Which Is the Better Value Stock Right Now?
Should Value Investors Buy California Resources (CRC) Stock?
CRC
Published: February 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Should Value Investors Buy California Resources (CRC) Stock?

About California Resources Corporation (CRC)

  • IPO Date 2020-10-28
  • Website https://www.crc.com
  • Industry Oil & Gas Exploration & Production
  • CEO Mr. Francisco J. Leon
  • Employees 1550

California Resources Corporation operates as an independent oil and natural gas company. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2021, it had interests in approximately 1.9 million net mineral acres with proved reserves totaled an estimated 480 million barrels of oil equivalent. The company also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.