NYSE:CRC - California Resources Stock Price, Price Target & More

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

California Resources shares 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 closing bell 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.

California Resources Corp (NYSE:CRC) posted its earnings results on Thursday, May, 3rd. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.75) by $0.93. The oil and gas producer earned $609 million during the quarter, compared to analysts' expectations of $537.65 million. California Resources's revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.02) EPS. View California Resources' Earnings History.

California Resources is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for California Resources.

5 Wall Street analysts have issued 12-month price targets for California Resources' shares. Their forecasts range from $12.00 to $41.00. On average, they expect California Resources' share price to reach $28.70 in the next twelve months. This suggests that the stock has a possible downside of 27.4%. View Analyst Ratings for California Resources.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Resources in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to California Resources include Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Crescent Point Energy (CPG), Range Resources (RRC), PDC Energy (PDCE), ARC Resources (AETUF), Oasis Petroleum (OAS), CNX Resources (CNX), Matador Resources (MTDR), Black Stone Minerals (BSM) and Viper Energy Partners (VNOM).

Media stories about CRC stock have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. California Resources earned a news impact score of 0.03 on Accern's scale. They also gave media headlines about the oil and gas producer an impact score of 46.61 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

California Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Deprince Race & Zollo Inc. (0.04%) and Guidant Wealth Advisors (0.01%). Company insiders that own California Resources stock include Harry T Mcmahon, Justin A Gannon and Todd A Stevens. View Institutional Ownership Trends for California Resources.

CRC stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc. and Guidant Wealth Advisors. Company insiders that have bought California Resources stock in the last two years include Harry T Mcmahon, Justin A Gannon and Todd A Stevens. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of CRC stock can currently be purchased for approximately $39.51.

California Resources has a market capitalization of $1.70 billion and generates $2.01 billion in revenue each year. The oil and gas producer earns $-266,000,000.00 in net income (profit) each year or ($4.40) on an earnings per share basis. California Resources employs 1,450 workers across the globe.

California Resources' mailing address is 9200 OAKDALE AVENUE SUITE 900, LOS ANGELES CA, 91311. The oil and gas producer can be reached via phone at 888-848-4754 or via email at [email protected]