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 before market open 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 (NYSE:CRC) released its earnings results on Thursday, May, 3rd. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks' 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. The company's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the business earned ($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 brokers have issued twelve-month target prices for California Resources' shares. Their forecasts range from $12.00 to $41.00. On average, they anticipate California Resources' stock price to reach $28.70 in the next twelve months. View Analyst Ratings for California Resources.

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

News headlines about CRC stock have been trending somewhat negative this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. California Resources earned a coverage optimism score of -0.02 on Accern's scale. They also gave news headlines about the oil and gas producer an impact score of 47.35 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

California Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Graham Capital Management L.P. (11.66%), BlackRock Inc. (6.71%), Elephas Investment Management Ltd (3.60%), Millennium Management LLC (1.70%), Schwab Charles Investment Management Inc. (1.53%) and Northern Trust Corp (1.18%). 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 sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Schwab Charles Investment Management Inc., Commerzbank Aktiengesellschaft FI, BlackRock Inc., California Public Employees Retirement System, UBS Group AG, Federated Investors Inc. PA and Lincoln National Corp. View Insider Buying and Selling for California Resources.

CRC stock was bought by a variety of institutional investors in the last quarter, including Graham Capital Management L.P., Millennium Management LLC, USS Investment Management Ltd, Elephas Investment Management Ltd, GSA Capital Partners LLP, A.R.T. Advisors LLC, Tibra Equities Europe Ltd and KBC Group NV. 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 $32.39.

California Resources has a market capitalization of $1.39 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]