California Resources Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" California Resources stock.
View analyst ratings for California Resources or view top-rated stocks.

Wall Street analysts have given California Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but California Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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California Resources saw a drop in short interest in July. As of July 15th, there was short interest totaling 3,440,000 shares, a drop of 12.7% from the June 30th total of 3,940,000 shares. Based on an average daily trading volume, of 910,900 shares, the short-interest ratio is currently 3.8 days. Currently, 4.6% of the company's stock are sold short.
View California Resources' Short Interest.

California Resources is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for California Resources.

California Resources will be holding an earnings conference call on Thursday, August 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

California Resources Co. (NYSE:CRC) posted its quarterly earnings data on Thursday, May, 13th. The oil and gas producer reported $1.22 earnings per share (EPS) for the quarter. The oil and gas producer had revenue of $363 million for the quarter.
View California Resources' earnings history.

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. Since then, CRC stock has increased by 849.0% and is now trading at $28.09.
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California Resources announced a dividend on Thursday, December 3rd. Shareholders of record on Friday, January 1st will be given a dividend of $4.50 per share on Friday, January 8th. This represents a dividend yield of 2.4%. The ex-dividend date of this dividend is Thursday, December 3rd.
View California Resources' dividend history.

California Resources's stock reverse split before market open 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.

1 equities research analysts have issued 1-year price targets for California Resources' stock. Their forecasts range from $40.00 to $40.00. On average, they expect California Resources' stock price to reach $40.00 in the next year. This suggests a possible upside of 42.4% from the stock's current price.
View analysts' price targets for California Resources or view top-rated stocks among Wall Street analysts.

Some companies that are related to California Resources include Marathon Oil (MRO), Galp Energia, SGPS (GLPEY), APA (APA), Ovintiv (OVV), Cimarex Energy (XEC), Cabot Oil & Gas (COG), EQT (EQT), Chesapeake Energy (CHK), Antero Resources (AR), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), Magnolia Oil & Gas (MGY), Southwestern Energy (SWN) and Murphy Oil (MUR).
View all of CRC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other California Resources investors own include Macrocure Ltd. - Ordinary Share (MCUR), (LNCOQ) (LNCOQ), Adverum Biotechnologies (ADVM), Occidental Petroleum (OXY), (GBSN) (GBSN), Bank of America (BAC), Northern Trust (NTRS), (BBEPQ) (BBEPQ), (OAS) and Whiting Petroleum (WLL).

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

Shares of CRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CRC stock can currently be purchased for approximately $28.09.

California Resources has a market capitalization of $2.34 billion and generates $1.56 billion in revenue each year.

California Resources employs 1,000 workers across the globe.

The official website for California Resources is www.crc.com.

California Resources is headquartered at 27200 TOURNEY ROAD SUITE 200, SANTA CLARITA CA, 91355.

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]