California Resources Stock Price, News & Analysis (NYSE:CRC)

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

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.

California Resources Corp (NYSE:CRC) issued its quarterly earnings data on Thursday, August, 1st. The oil and gas producer reported ($0.29) earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.57. The oil and gas producer earned $653 million during 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.29) earnings per share. View California Resources' Earnings History.

California Resources is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for California Resources.

California Resources will be holding an earnings conference call on Monday, November 4th 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 brokers have issued 1-year target prices for California Resources' stock. Their forecasts range from $20.00 to $35.00. On average, they anticipate California Resources' stock price to reach $25.80 in the next twelve months. This suggests a possible upside of 241.7% 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 trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. California Resources earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for California Resources.

California Resources saw a increase in short interest in September. As of September 30th, there was short interest totalling 16,550,000 shares, an increase of 16.1% from the August 30th total of 14,260,000 shares. Based on an average trading volume of 3,490,000 shares, the days-to-cover ratio is presently 4.7 days. Currently, 36.1% of the company's stock are short sold. View California Resources' Current Options Chain.

Some companies that are related to California Resources include DELEK GRP LTD/ADR (DGRLY), ARC Resources (AETUF), Jagged Peak Energy (JAG), Enerplus (ERF), CNX Resources (CNX), PDC Energy (PDCE), Comstock Resources (CRK), Southwestern Energy (SWN), GeoPark (GPRK), Eclipse Resources (ECR), Talos Energy (TALO), Oasis Petroleum (OAS), Brigham Minerals (MNRL), Centennial Resource Development (CDEV) and Callon Petroleum (CPE).

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), BreitBurn Energy Partners (BBEPQ), Northern Trust (NTRS), Bank of America (BAC), Ultra Petroleum (UPLMQ) and U.S. Energy (USEG).

California Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.19%). 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 Commerzbank Aktiengesellschaft FI. 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 $7.55.

California Resources has a market capitalization of $369.98 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]