Q3 Earnings Estimate for CRC Issued By Capital One Financial

Key Points

• Capital One Financial has reduced their Q3 2025 earnings per share estimate for California Resources Corporation to $1.16, down from $1.29.
• California Resources reported a 90.3% increase in quarterly revenue year-over-year, totaling $978 million for the most recent quarter.
• Analysts currently give California Resources an average rating of "Buy" with a price target of $66.83 per share.

California Resources Corporation (NYSE:CRC - Free Report) - Research analysts at Capital One Financial reduced their Q3 2025 earnings per share estimates for California Resources in a report released on Friday, October 10th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings of $1.16 per share for the quarter, down from their previous forecast of $1.29. The consensus estimate for California Resources' current full-year earnings is $3.85 per share. Capital One Financial also issued estimates for California Resources' Q4 2025 earnings at $0.58 EPS, FY2025 earnings at $3.91 EPS and FY2027 earnings at $3.33 EPS.

California Resources (NYSE:CRC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The oil and gas producer reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.19. California Resources had a return on equity of 11.95% and a net margin of 16.14%.The firm had revenue of $978.00 million for the quarter, compared to analyst estimates of $820.93 million. During the same period in the previous year, the company posted $0.60 earnings per share. The company's quarterly revenue was up 90.3% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. Roth Capital set a $63.00 price target on California Resources in a research note on Monday, September 15th. Zacks Research upgraded California Resources from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 15th. UBS Group upped their price objective on California Resources from $63.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, September 16th. JPMorgan Chase & Co. upped their price objective on California Resources from $64.00 to $66.00 and gave the company an "overweight" rating in a research note on Friday. Finally, Barclays upped their price objective on California Resources from $60.00 to $66.00 and gave the company an "overweight" rating in a research note on Tuesday, September 16th. Three investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, California Resources presently has an average rating of "Buy" and an average price target of $66.83.

California Resources Trading Down 6.1%

Shares of CRC opened at $48.73 on Monday. California Resources has a 12-month low of $30.97 and a 12-month high of $60.41. The company has a quick ratio of 0.68, a current ratio of 0.78 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 6.66 and a beta of 1.16. The stock's 50-day moving average price is $51.30 and its 200 day moving average price is $45.70.

California Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 12th. Investors of record on Wednesday, August 27th were given a dividend of $0.3875 per share. The ex-dividend date was Wednesday, August 27th. This represents a $1.55 dividend on an annualized basis and a yield of 3.2%. California Resources's dividend payout ratio is 21.17%.

Institutional Investors Weigh In On California Resources

A number of large investors have recently bought and sold shares of CRC. Harbor Capital Advisors Inc. lifted its holdings in California Resources by 68.8% during the 1st quarter. Harbor Capital Advisors Inc. now owns 775 shares of the oil and gas producer's stock worth $34,000 after buying an additional 316 shares in the last quarter. Yousif Capital Management LLC lifted its holdings in California Resources by 1.5% during the 1st quarter. Yousif Capital Management LLC now owns 27,331 shares of the oil and gas producer's stock worth $1,202,000 after buying an additional 407 shares in the last quarter. SG Americas Securities LLC acquired a new position in California Resources during the 1st quarter worth $356,000. Bfsg LLC lifted its holdings in California Resources by 9.2% during the 1st quarter. Bfsg LLC now owns 6,670 shares of the oil and gas producer's stock worth $293,000 after buying an additional 561 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in California Resources by 50.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,211 shares of the oil and gas producer's stock worth $463,000 after buying an additional 3,436 shares in the last quarter. 97.79% of the stock is currently owned by institutional investors.

California Resources Company Profile

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, 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.

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