California Resources Stock Forecast, Price & News

California Resources (NYSE:CRC) Frequently Asked Questions

Is California Resources a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for California Resources in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" California Resources stock.
View analyst ratings for California Resources or view top-rated stocks.

Are investors shorting California Resources?

California Resources saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 2,710,000 shares, a drop of 23.0% from the October 31st total of 3,520,000 shares. Based on an average daily trading volume, of 1,060,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 3.8% of the shares of the company are short sold.
View California Resources' Short Interest.

When is California Resources' next earnings date?

California Resources is scheduled to release its next quarterly earnings announcement on Thursday, February 10th 2022.
View our earnings forecast for California Resources.

How were California Resources' earnings last quarter?

California Resources Co. (NYSE:CRC) announced its earnings results on Thursday, November, 11th. The oil and gas producer reported $1.83 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.51. California Resources had a trailing twelve-month return on equity of 397.26% and a net margin of 241.65%. During the same quarter last year, the company earned $1.68 earnings per share.
View California Resources' earnings history.

How often does California Resources pay dividends? What is the dividend yield for California Resources?

California Resources declared a Not Available dividend on Thursday, November 11th. Shareholders of record on Wednesday, December 1st will be given a dividend of $0.17 per share on Thursday, December 16th. The ex-dividend date is Tuesday, November 30th.
View California Resources' dividend history.

When did California Resources' stock split? How did California Resources' stock split work?

Shares of California Resources reverse split on the morning of Wednesday, June 1st 2016. The 1-10 reverse split was announced on Monday, May 9th 2016. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 31st 2016. An investor that had 100 shares of California Resources stock prior to the reverse split would have 10 shares after the split.

What price target have analysts set for CRC?

3 analysts have issued twelve-month price objectives for California Resources' shares. Their forecasts range from $49.00 to $60.00. On average, they anticipate California Resources' stock price to reach $54.33 in the next year. This suggests a possible upside of 35.7% from the stock's current price.
View analysts' price targets for California Resources or view top-rated stocks among Wall Street analysts.

Who are California Resources' key executives?

California Resources' management team includes the following people:

• Mr. Mark Allen McFarland, Pres, CEO & Director (Age 52, Pay $47.53k)
• Mr. Francisco J. Leon, Exec. VP & CFO (Age 44, Pay $2.52M)
• Mr. Shawn M. Kerns, Exec. VP of Operations & Engineering (Age 50, Pay $3.04M)
• Ms. Noelle M. Repetti, Principal Accounting Officer (Age 52)
• Cynthia J. Johnson, Chief Information Officer & VP
• Mr. Michael L. Preston, Exec. VP, Chief Admin. Officer & Gen. Counsel (Age 56)
• Joanna Park, VP of Investor Relations
• Richard Venn, Director of Communications
• Ms. Alana A. Sotiri, VP of HR
• Mr. James M. Lienert, Interim Exec. VP (Age 68)

Who are some of California Resources' key competitors?

Some companies that are related to California Resources include Gulfport Energy (GPORQ), Marathon Oil (MRO), Sasol (SSL), Toray Industries (TRYIY), APA (APA), Ovintiv (OVV), EQT (EQT), Galp Energia, SGPS (GLPEY), Chesapeake Energy (CHK), ARC Resources (AETUF), Antero Resources (AR), Range Resources (RRC), PDC Energy (PDCE), Southwestern Energy (SWN) and Matador Resources (MTDR).
View all of CRC's competitors.

What other stocks do shareholders of California Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other California Resources investors own include Macrocure Ltd. - Ordinary Share (MCUR), LinnCo (LNCOQ), Adverum Biotechnologies (ADVM), Occidental Petroleum (OXY), (GBSN) (GBSN), Bank of America (BAC), Northern Trust (NTRS), (BBEPQ) (BBEPQ), (OAS) and Whiting Petroleum (WLL).

What is California Resources' stock symbol?

California Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRC."

Who are California Resources' major shareholders?

California Resources' stock is owned by a number of institutional and retail investors. Top institutional investors include Ares Management LLC (13.79%), BlackRock Inc. (10.76%), Geode Capital Management LLC (1.59%), Millennium Management LLC (1.31%), Senator Investment Group LP (1.22%) and Goldman Sachs Group Inc. (0.73%). Company insiders that own California Resources stock include Ares Management Llc, Bo Kruse, Bob D Brown, Burt W Podbere, Goldentree Asset Management Lp, Guy Carling, Suku Krishnaraj Chettiar, Tiffany Thom Cepak, Todd A Stevens and William B Roby.
View institutional ownership trends for California Resources.

Which major investors are selling California Resources stock?

CRC stock was sold by a variety of institutional investors in the last quarter, including Ares Management LLC, CarVal Investors LP, Mackay Shields LLC, Arena Capital Advisors LLC CA, Granby Capital Management LLC, California State Teachers Retirement System, Citadel Advisors LLC, and The Manufacturers Life Insurance Company . Company insiders that have sold California Resources company stock in the last year include Ares Management Llc, Bo Kruse, Bob D Brown, Burt W Podbere, Goldentree Asset Management Lp, Guy Carling, and Suku Krishnaraj Chettiar.
View insider buying and selling activity for California Resources or view top insider-selling stocks.

Which major investors are buying California Resources stock?

CRC stock was bought by a variety of institutional investors in the last quarter, including Senator Investment Group LP, Millennium Management LLC, BlackRock Inc., Geode Capital Management LLC, Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Alliancebernstein L.P., and Hotchkis & Wiley Capital Management LLC. Company insiders that have bought California Resources stock in the last two years include Goldentree Asset Management Lp, Tiffany Thom Cepak, Todd A Stevens, and William B Roby.
View insider buying and selling activity for California Resources or or view top insider-buying stocks.

How do I buy shares of California Resources?

Shares of CRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is California Resources' stock price today?

One share of CRC stock can currently be purchased for approximately $40.05.

How much money does California Resources make?

California Resources has a market capitalization of $3.22 billion and generates $1.56 billion in revenue each year.

How many employees does California Resources have?

California Resources employs 1,000 workers across the globe.

What is California Resources' official website?

The official website for California Resources is www.crc.com.

Where are California Resources' headquarters?

California Resources is headquartered at 27200 TOURNEY ROAD SUITE 200, SANTA CLARITA CA, 91355.

How can I contact California Resources?

California Resources' mailing address is 27200 TOURNEY ROAD SUITE 200, SANTA CLARITA CA, 91355. The oil and gas producer can be reached via phone at 888-848-4754 or via email at [email protected].