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NYSE:CRC - California Resources Stock Price, Forecast & News

$0.94
-0.06 (-6.00 %)
(As of 04/2/2020 03:18 AM ET)
Today's Range
$0.85
Now: $0.94
$1.00
50-Day Range
$1.00
MA: $4.82
$7.59
52-Week Range
$0.85
Now: $0.94
$30.18
Volume2.82 million shs
Average Volume3.76 million shs
Market Capitalization$46.40 million
P/E RatioN/A
Dividend YieldN/A
Beta4.12
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. As of December 31, 2018, the company had net proved reserves of 712 million barrels of oil equivalent. It also generates and sells electricity to the grid and utility customers. The company was founded in 2014 and is based in Los Angeles, California.
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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone888-848-4754

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.63 billion
Cash Flow$8.55 per share
Book Value($6.03) per share

Profitability

Net Income$-28,000,000.00

Miscellaneous

Employees1,250
Market Cap$46.40 million
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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California Resources (NYSE:CRC) Frequently Asked Questions

How has California Resources' stock been impacted by COVID-19 (Coronavirus)?

California Resources' stock was trading at $2.96 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CRC shares have decreased by 68.2% and is now trading at $0.94. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of California Resources?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Resources in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for California Resources.

When is California Resources' next earnings date?

California Resources is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for California Resources.

How were California Resources' earnings last quarter?

California Resources Corp (NYSE:CRC) issued its earnings results on Wednesday, February, 26th. The oil and gas producer reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.36. The oil and gas producer earned $610 million during the quarter, compared to the consensus estimate of $676.15 million. California Resources had a negative net margin of 1.06% and a negative return on equity of 26.12%. View California Resources' earnings 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?

4 analysts have issued twelve-month price objectives for California Resources' shares. Their forecasts range from $11.00 to $30.00. On average, they expect California Resources' share price to reach $21.25 in the next year. This suggests a possible upside of 2,160.6% from the stock's current price. View analysts' price targets for California Resources.

Has California Resources been receiving favorable news coverage?

Press coverage about CRC stock has trended very negative on Thursday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. California Resources earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories 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 impact on the stock's share price in the immediate future. View the latest news aboutCalifornia Resources.

Who are some of California Resources' key competitors?

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 (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).

Who are California Resources' key executives?

California Resources' management team includes the following 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)

What is California Resources' stock symbol?

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

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 $0.94.

How big of a company is California Resources?

California Resources has a market capitalization of $46.40 million and generates $2.63 billion in revenue each year. The oil and gas producer earns $-28,000,000.00 in net income (profit) each year or $1.40 on an earnings per share basis. California Resources employs 1,250 workers across the globe. View additional information about California Resources.

What is California Resources' official website?

The official website for California Resources is http://www.crc.com/.

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]


MarketBeat Community Rating for California Resources (NYSE CRC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  387 (Vote Underperform)
Total Votes:  709
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.
This page was last updated on 4/2/2020 by MarketBeat.com Staff

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