S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:CRC

California Resources Stock Forecast, Price & News

$40.35
-2.23 (-5.24%)
(As of 11/26/2021 04:00 PM ET)
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Compare
Today's Range
$39.15
$40.84
50-Day Range
$39.25
$46.13
52-Week Range
$18.30
$47.18
Volume
354,033 shs
Average Volume
694,537 shs
Market Capitalization
$3.24 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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California Resources logo

About California Resources

California Resources Corporation operates as an independent oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.1 million net acres of mineral acreage. As of December 31, 2020, the company had proved reserves of 442 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the local utility, other third parties, and the grid. The company was founded in 2014 and is based in Santa Clarita, California.

Headlines

California Resources (NYSE:CRC) Reaches New 1-Year High at $49.00
November 11, 2021 |  americanbankingnews.com
California Resources Insider Sold $1.1M In Company Stock
November 3, 2021 |  finance.yahoo.com
Analyst Ratings For California Resources
November 3, 2021 |  markets.businessinsider.com
What 5 Analyst Ratings Have To Say About California Resources
October 19, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
1,000
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$24.91 per share
Book Value
$13.09 per share

Profitability

Net Income
$1.77 billion
Pretax Margin
242.99%

Debt

Price-To-Earnings

Miscellaneous

Free Float
80,393,000
Market Cap
$3.24 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/11/2021
Today
11/28/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/10/2022

MarketRank

Overall MarketRank

2.19 out of 5 stars

Oils/Energy Sector

114th out of 354 stocks

Crude Petroleum & Natural Gas Industry

52nd out of 113 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 0.8Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -












California Resources (NYSE:CRC) Frequently Asked Questions

Is California Resources a buy right now?

3 Wall Street equities 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 equities 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 decrease in short interest in November. As of November 15th, there was short interest totaling 2,710,000 shares, a decrease of 23.0% from the October 31st total of 3,520,000 shares. Based on an average trading volume of 1,060,000 shares, the short-interest ratio is presently 2.6 days. Approximately 3.8% of the company's shares 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) released its earnings results on Thursday, November, 11th. The oil and gas producer reported $1.83 earnings per share for the quarter, beating the consensus estimate 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 business posted $1.68 EPS.
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 paid a dividend of $0.17 per share on Thursday, December 16th. The ex-dividend date of this dividend is Tuesday, November 30th.
View California Resources' dividend history
.

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

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 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 equities research analysts have issued 12-month target prices for California Resources' shares. Their forecasts range from $49.00 to $60.00. On average, they anticipate California Resources' share price to reach $54.33 in the next twelve months. This suggests a possible upside of 34.7% 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)

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 variety of institutional and retail investors. Top institutional shareholders 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 institutional 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 institutional investors are buying California Resources stock?

CRC stock was purchased 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.
Compare Top Brokerages Here.

What is California Resources' stock price today?

One share of CRC stock can currently be purchased for approximately $40.35.

How much money does California Resources make?

California Resources has a market capitalization of $3.24 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].


This page was last updated on 11/28/2021 by MarketBeat.com Staff

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