NYSE:CRC - California Resources Stock Price, Forecast & News

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

Shares of California Resources reverse split on 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) released its quarterly earnings results on Thursday, October, 31st. The oil and gas producer reported $0.35 EPS for the quarter, beating analysts' consensus estimates of ($0.37) by $0.72. The oil and gas producer had revenue of $681 million for the quarter, compared to analyst estimates of $620.31 million. California Resources had a negative return on equity of 23.46% and a net margin of 12.41%. The firm's revenue for the quarter was down 17.8% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. View California Resources' Earnings History.

California Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for California Resources.

5 Wall Street analysts have issued 1-year price objectives for California Resources' stock. Their forecasts range from $11.00 to $35.00. On average, they anticipate California Resources' stock price to reach $24.00 in the next year. This suggests a possible upside of 254.5% from the stock's current price. View Analyst Price Targets for California Resources.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Resources in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for California Resources.

News headlines about CRC stock have trended extremely positive on Wednesday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. California Resources earned a media sentiment score of 5.0 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for California Resources.

Some companies that are related to California Resources include PDC Energy (PDCE), CNX Resources (CNX), Comstock Resources (CRK), Hess Midstream Partners (HESM), GeoPark (GPRK), Enerplus (ERF), SM Energy (SM), Talos Energy (TALO), Chesapeake Energy (CHK), Brigham Minerals (MNRL), Southwestern Energy (SWN), Range Resources (RRC), Carrizo Oil & Gas (CRZO), Kimbell Royalty Partners (KRP) and SUNDANCE ENERGY/S (SNDE).

Based on aggregate information from My MarketBeat watchlists, some companies that other California Resources investors own include Macrocure (MCUR), LinnCo (LNCOQ), Adverum Biotechnologies (ADVM), Great Basin Scientific (GBSN), Occidental Petroleum (OXY), Bank of America (BAC), Northern Trust (NTRS), BreitBurn Energy Partners (BBEPQ), U.S. Energy (USEG) and General Electric (GE).

California Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (8.85%), Masters Capital Management LLC (2.34%), Geode Capital Management LLC (1.27%), ArrowMark Colorado Holdings LLC (0.74%), Charles Schwab Investment Management Inc. (0.61%) and Bank of New York Mellon Corp (0.47%). Company insiders that own California Resources stock include Avedick Baruyr Poladian, Darren Williams, Harold M Korell, Harry T Mcmahon, Laurie Siegel, Marshall D Smith, Todd A Stevens and William E Albrecht. View Institutional Ownership Trends for California Resources.

CRC stock was sold by a variety of institutional investors in the last quarter, including Masters Capital Management LLC, Goldman Sachs Group Inc., Rafferty Asset Management LLC, Blueshift Asset Management LLC, Quantbot Technologies LP, Geode Capital Management LLC, Mraz Amerine & Associates Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for California Resources.

CRC stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Teacher Retirement System of Texas, SG Americas Securities LLC, Caymus Capital Partners L.P., ArrowMark Colorado Holdings LLC, 361 Capital LLC, IPG Investment Advisors LLC and Independent Advisor Alliance. Company insiders that have bought California Resources stock in the last two years include Avedick Baruyr Poladian, Darren Williams, Harold M Korell, Harry T Mcmahon, Laurie Siegel, Marshall D Smith 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, Robinhood, Fidelity and Charles Schwab.

One share of CRC stock can currently be purchased for approximately $6.77.

California Resources has a market capitalization of $332.53 million and generates $3.06 billion in revenue each year. The oil and gas producer earns $328 million in net income (profit) each year or $1.27 on an earnings per share basis. California Resources employs 1,500 workers across the globe.View Additional Information About California Resources.

The official website for California Resources is http://www.crc.com/.

California Resources' mailing address is 27200 TOURNEY ROAD SUITE 315, SANTA CLARITA CA, 91355. The oil and gas producer can be reached via phone at 888-848-4754 or via email at [email protected]