California Resources Corporation operates as an 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 2.2 million net acres of mineral acreage.
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Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone888-848-4754
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.06 billion
Profitability
Miscellaneous
Employees1,500
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
California Resources (NYSE:CRC) Frequently Asked Questions
What is California Resources' stock symbol?
California Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRC."
When did California Resources' stock split? How did California Resources' stock split work?
California Resources shares 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.
How were California Resources' earnings last quarter?
California Resources Corp (NYSE:CRC) released its quarterly earnings results on Thursday, August, 1st. The oil and gas producer reported ($0.29) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.57. The oil and gas producer had revenue of $653 million for the quarter, compared to analyst estimates of $674.43 million. California Resources had a negative return on equity of 23.66% and a net margin of 10.99%. California Resources's revenue for the quarter was up 18.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.29) EPS. View California Resources' Earnings History.
When is California Resources' next earnings date?
What price target have analysts set for CRC?
6 analysts have issued 12 month price objectives for California Resources' shares. Their predictions range from $20.00 to $35.00. On average, they expect California Resources' stock price to reach $25.80 in the next twelve months. This suggests a possible upside of 130.6% from the stock's current price. View Analyst Price Targets for California Resources.
What is the consensus analysts' recommendation for California Resources?
6 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for California Resources.
Has California Resources been receiving favorable news coverage?
Media stories about CRC stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. California Resources earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news articles about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for California Resources.
Who are some of California Resources' key competitors?
Some companies that are related to California Resources include Enerplus (ERF), ARC Resources (AETUF), Comstock Resources (CRK), Jagged Peak Energy (JAG), DELEK GRP LTD/ADR (DGRLY), CNX Resources (CNX), Centennial Resource Development (CDEV), Oasis Petroleum (OAS), Talos Energy (TALO), SM Energy (SM), Antero Resources (AR), Range Resources (RRC), GeoPark (GPRK), Southwestern Energy (SWN) and Brigham Minerals (MNRL).
What other stocks do shareholders of California Resources own?
Who are California Resources' key executives?
California Resources' management team includes the folowing people:
- Mr. Todd A. Stevens, Pres, CEO & Director (Age 52)
- Mr. Marshall D. Smith, Sr. EVP & CFO (Age 59)
- Mr. Charles F. Weiss, Exec. VP of Public Affairs (Age 55)
- Mr. Shawn M. Kerns, Exec. VP of Operations & Engineering (Age 48)
- Mr. Darren Williams, Exec. VP of Operations & Geoscience (Age 47)
Who are California Resources' major shareholders?
California Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.26%), BlackRock Inc. (6.72%), Northern Trust Corp (1.18%), Crescent Park Management L.P. (0.88%), Charles Schwab Investment Management Inc. (0.58%) and Nuveen Asset Management LLC (0.58%). 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.
Which institutional investors are selling California Resources stock?
CRC stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Crescent Park Management L.P., Mackenzie Financial Corp, Mackenzie Financial Corp, Morgan Stanley, AQR Capital Management LLC, Invesco Ltd. and Parametric Portfolio Associates LLC. View Insider Buying and Selling for California Resources.
Which institutional investors are buying California Resources stock?
CRC stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Vanguard Group Inc., Cubist Systematic Strategies LLC, BlackRock Inc., Voloridge Investment Management LLC, First Trust Advisors LP, Balyasny Asset Management LLC and SCP Investment LP. 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.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is California Resources' stock price today?
One share of CRC stock can currently be purchased for approximately $11.19.
How big of a company is California Resources?
California Resources has a market capitalization of $548.31 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.
What is California Resources' official website?
How can I contact California Resources?
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]
MarketBeat Community Rating for California Resources (NYSE CRC)
MarketBeat's community ratings are surveys of what our community members think about California Resources and other stocks. Vote "Outperform" if you believe CRC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CRC will underperform the S&P 500 over the long term. You may vote once every thirty days.
