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 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) announced its quarterly earnings data on Thursday, October, 31st. The oil and gas producer reported $0.35 earnings per share for the quarter, topping the consensus estimate 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 net margin of 12.41% and a negative return on equity of 23.46%. The business's revenue was down 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS. 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.

California Resources will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

5 Wall Street analysts have issued 1-year price targets for California Resources' stock. Their forecasts range from $11.00 to $35.00. On average, they expect California Resources' stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 276.8% 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 stories about CRC stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. California Resources earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned news articles about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect 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 Enerplus (ERF), GeoPark (GPRK), Comstock Resources (CRK), Hess Midstream Partners (HESM), CNX Resources (CNX), Talos Energy (TALO), SM Energy (SM), Chesapeake Energy (CHK), Brigham Minerals (MNRL), Southwestern Energy (SWN), Range Resources (RRC), Kimbell Royalty Partners (KRP), Centennial Resource Development (CDEV), Carrizo Oil & Gas (CRZO) and Oasis Petroleum (OAS).

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 retail and institutional investors. Top institutional investors include State Street Corp (8.85%), Masters Capital Management LLC (2.34%), ArrowMark Colorado Holdings LLC (0.74%), Charles Schwab Investment Management Inc. (0.61%), Bank of New York Mellon Corp (0.47%) and SG Americas Securities LLC (0.42%). 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, Mraz Amerine & Associates Inc., Bank of New York Mellon Corp and New York State Common Retirement Fund. 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 $6.37.

California Resources has a market capitalization of $312.89 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]