Log in

NYSE:CRCCalifornia Resources Stock Price, Forecast & News

$1.20
-0.08 (-6.25 %)
(As of 07/9/2020 04:00 PM ET)
Add
Compare
Today's Range
$1.12
Now: $1.20
$1.33
50-Day Range
$1.09
MA: $1.47
$2.70
52-Week Range
$0.85
Now: $1.20
$20.13
Volume2.41 million shs
Average Volume3.54 million shs
Market Capitalization$59.34 million
P/E RatioN/A
Dividend YieldN/A
Beta5.69
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.
Read More
California Resources logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.26 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.63 billion
Cash Flow$9.23 per share
Book Value($6.03) per share

Profitability

Net Income$-28,000,000.00

Miscellaneous

Employees1,250
Market Cap$59.34 million
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

Receive CRC News and Ratings via Email

Sign-up to receive the latest news and ratings for CRC and its competitors with MarketBeat's FREE daily newsletter.

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 (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CRC shares have decreased by 59.5% and is now trading at $1.20. View which stocks have been most impacted by Coronavirus.

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

3 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 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, August 6th 2020. View our earnings forecast for California Resources.

How were California Resources' earnings last quarter?

California Resources Corp (NYSE:CRC) posted its earnings results on Thursday, June, 25th. The oil and gas producer reported ($0.16) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($1.71) by $1.55. The oil and gas producer earned $573 million during the quarter, compared to the consensus estimate of $505.75 million. California Resources had a negative return on equity of 4.31% and a negative net margin of 69.81%. View California Resources' earnings history.

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

California Resources's stock 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.

What price target have analysts set for CRC?

3 Wall Street analysts have issued 1 year price targets for California Resources' shares. Their forecasts range from $11.00 to $24.00. On average, they expect California Resources' stock price to reach $17.50 in the next year. This suggests a possible upside of 1,358.3% from the stock's current price. View analysts' price targets for California Resources.

Has California Resources been receiving favorable news coverage?

Media stories about CRC stock have been trending negative on Friday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -2.3 on InfoTrie's scale. They also gave media coverage 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 next several days. View the latest news about California Resources.

Are investors shorting California Resources?

California Resources saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 13,650,000 shares, a decline of 7.3% from the June 15th total of 14,730,000 shares. Based on an average daily trading volume, of 4,540,000 shares, the days-to-cover ratio is presently 3.0 days. Approximately 28.8% of the shares of the stock are sold short. View California Resources' Current Options Chain.

Who are some of California Resources' key competitors?

What other stocks do shareholders of California Resources own?

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 $1.20.

How big of a company is California Resources?

California Resources has a market capitalization of $59.34 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.

What is California Resources' official website?

The official website for California Resources is 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]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

  • Best-in-Class Portfolio Monitoring

    View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

  • Stock Ideas and Recommendations

    Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

  • Advanced Stock Screeners and Research Tools

    Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.