California Resources Corporation (CRC)
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- symbol CRC
- Rev/Share 42.0311
- Book/Share 41.135
- PB 1.0711
- Debt/Equity 0.2582
- CurrentRatio 0.8855
- ROIC 0.0838
- MktCap 3688919226.0
- FreeCF/Share 9.9881
- PFCF 4.4126
- PE 9.6037
- Debt/Assets 0.1396
- DivYield 0.0356
- ROE 0.1105
- Rating A-
- Score 4
- Recommendation Buy
- P/E Score 2
- DCF Score 4
- 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 |
|---|---|---|---|---|---|---|---|
| Initiation | CRC | Wells Fargo | -- | Overweight | -- | $58 | Dec. 2, 2025 |
| Upgrade | CRC | JP Morgan | Neutral | Overweight | -- | $63 | July 15, 2025 |
| 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
California Resources Closes Berry Merger, Expands Asset Base
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC closes its all-stock merger with Berry, adding scale, synergies and cash flow durability as it strengthens its position in California.
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Carbon TerraVault and Power Deals Reshape CRC Optionality
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC's carbon and power deals, including a 3MMT CO2 pact, boost diversification ahead of key 2026 project milestones.
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California Resources Signs MOU to Drive Decarbonized Power Solutions
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Neutral
CRC advances its carbon management push with an MOU to deliver carbon capture and storage services to Middle River Power plants in California.
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CRC Valuation Check and Entry Setup for Pragmatic Buyers
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC trades at a steep valuation discount to peers, with policy tailwinds and a merger poised to unlock earnings upside.
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AI Power Demand Could Supercharge CRC's Power-to-CCS
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC's Power-to-CCS strategy gets a boost from California's AI-driven power demand and new carbon storage permits.
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California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California
Published: December 16, 2025 by: GlobeNewsWire
Sentiment: Neutral
LONG BEACH, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Middle River Power, LLC (MRP), an independent power producer and asset management company, to provide carbon transportation and sequestration services for MRP power facilities in California.
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California Resources Corporation Announces January Investor Conference Participation
Published: December 15, 2025 by: GlobeNewsWire
Sentiment: Neutral
LONG BEACH, Calif., Dec. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) announced today that the Company's executives will be participating in the following events in January 2026: Goldman Sachs Energy, CleanTech & Utilities Conference 2026 on January 6 in Aventura, FL UBS Winter Infrastructure & Energy Conference on January 13 to 14 in Deer Valley, UT CRC's presentation materials will be available the day of the event on the Earnings and Presentations page in the Investor Relations section on www.crc.com.
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CRC Builds a Steadier Cash Flow Base as Policy Tailwinds Grow
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC heads into 2026 with a steadier base: disciplined capex, stronger liquidity, and visible CCS milestones supported by improving California policy.
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CRC Advances CCS and Methane Strategy as 2026 Milestones Near
Published: December 08, 2025 by: Zacks Investment Research
Sentiment: Neutral
CRC's Carbon TerraVault nears first injection by early 2026 as policy support, a Capital Power MOU and MiQ 'Grade A' methane credentials sharpen its edge.
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California Resources 2026 Outlook: Policy Shifts and Berry Merger
Published: December 05, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC enters 2026 with a friendlier California policy mix and the Berry merger set to add scale, synergies, and balance-sheet flexibility.
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Why Is California Resources (CRC) Up 3.2% Since Last Earnings Report?
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive
California Resources (CRC) reported earnings 30 days ago. What's next for the stock?
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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
Published: November 20, 2025 by: Business Wire
Sentiment: Neutral
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 Berry Corporation (NasdaqGS: BRY) to California Resources Corporation (NYSE: CRC). Under the terms of the proposed transaction, shareholders of Berry will receive 0.0718 shares of California Resources for each share of Berry that they own. KSF is seeking to determine whether this consideration.
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California Resources Corporation Supports Food Security Efforts Across California with $200,000 Donation
Published: November 20, 2025 by: GlobeNewsWire
Sentiment: Neutral
LONG BEACH, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today announced it is donating $200,000 to support community food security efforts across the state.
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California Resources Corporation Achieves MiQ ‘Grade A' Certification for its Ventura Basin Assets
Published: November 18, 2025 by: GlobeNewsWire
Sentiment: Neutral
VENTURA, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) received a ‘Grade A' certification through MiQ's Methane Emissions Performance Standard for its production segment operating assets in Ventura County.
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Focus on 4 Stocks That Recently Hiked Dividends Amid Market Volatility
Published: November 06, 2025 by: Zacks Investment Research
Sentiment: Negative
CDW, CRC, XOM and ETR lifted their dividends, offering investors income stability amid ongoing market volatility.
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California Resources Corp. CEO: Doubled down on California when others left
Published: October 31, 2025 by: CNBC Television
Sentiment: Positive
Francisco Leon, California Resources Corp. CEO, joins 'Power Lunch' to discuss what'll happen to gas prices if California's refineries close, the company's clean energy efforts and much more.
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Analysts Estimate California Resources Corporation (CRC) to Report a Decline in Earnings: What to Look Out for
Published: October 28, 2025 by: Zacks Investment Research
Sentiment: Negative
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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California Resources (CRC) Upgraded to Strong Buy: Here's What You Should Know
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive
California Resources (CRC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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Best Value Stock to Buy for Oct. 16th
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive
WFRD, FHI and CRC made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 16, 2025.
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Best Income Stocks to Buy for Oct. 16th
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive
TIMB, BBVA and CRC made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 16, 2025.
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Why California Resources (CRC) is Poised to Beat Earnings Estimates Again
Published: October 13, 2025 by: Zacks Investment Research
Sentiment: Positive
California Resources (CRC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Are Investors Undervaluing California Resources (CRC) Right Now?
Published: October 13, 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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California Resources Corporation Schedules Third Quarter 2025 Earnings Conference Call
Published: October 03, 2025 by: GlobeNewsWire
Sentiment: Neutral
LONG BEACH, Calif., Oct. 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its third quarter 2025 financial results on Tuesday, November 4th after market close.
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CRC-BRY Merger Tops the Weekly Oil & Gas Stock Roundup Story
Published: September 24, 2025 by: Zacks Investment Research
Sentiment: Positive
CRC, BRY, CHRD, PBA and PBR emerge as the energy headline makers during the week.
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CRC to Acquire BRY in All-Stock Merger Strengthening Asset Portfolio
Published: September 22, 2025 by: Zacks Investment Research
Sentiment: Neutral
California Resources is set to acquire Berry in a $717M deal, adding oil assets and Uinta Basin acreage while targeting $80-$90M in synergies.
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Leading California Energy into the Future: California Resources Corporation Releases 2024 Sustainability Report
Published: September 18, 2025 by: GlobeNewsWire
Sentiment: Neutral
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 Report.
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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
Published: September 17, 2025 by: Business Wire
Sentiment: Neutral
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 Berry Corporation (NasdaqGS: BRY) to California Resources Corporation (NYSE: CRC). Under the terms of the proposed transaction, shareholders of Berry will receive 0.0718 shares of California Resources for each share of Berry that they own. KSF is seeking to determine whether this consideration.
Read More
Earnings Estimates Moving Higher for California Resources (CRC): Time to Buy?
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Positive
California Resources Corporation (CRC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
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Are Oils-Energy Stocks Lagging California Resources (CRC) This Year?
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Negative
Here is how California Resources Corporation (CRC) and Eni SpA (E) have performed compared to their sector so far this year.
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Golden State's Policy Shift To Benefit California Resources
Published: September 16, 2025 by: Seeking Alpha
Sentiment: Positive
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, strong inventory, and low transportation costs position it well for growth as regulatory hurdles ease in California. CRC's merger with Aera Energy, pending acquisition of Berry Corp., and ventures into carbon capture further strengthen its portfolio.
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About California Resources Corporation (CRC)
- IPO Date 2020-10-28
- Website https://www.crc.com
- Industry Oil & Gas Exploration & Production
- CEO Francisco J. Leon
- Employees 1550