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

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, August, 1st. The oil and gas producer reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.57. The oil and gas producer had revenue of $653 million for the quarter, compared to analysts' expectations of $674.43 million. California Resources had a negative return on equity of 23.66% and a net margin of 10.99%. The business's quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the company earned ($0.29) EPS. 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 Wall Street analysts have issued 12 month price objectives for California Resources' shares. Their predictions range from $20.00 to $35.00. On average, they anticipate California Resources' share price to reach $25.80 in the next twelve months. This suggests a possible upside of 225.3% 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.

Media headlines about CRC stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by analyzing 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 daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for California Resources.

California Resources saw a increase in short interest in the month of 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 daily volume of 3,490,000 shares, the short-interest 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), Matador Resources (MTDR), PDC Energy (PDCE), ARC Resources (AETUF), Enerplus (ERF), Jagged Peak Energy (JAG), CNX Resources (CNX), Comstock Resources (CRK), GeoPark (GPRK), Southwestern Energy (SWN), Eclipse Resources (ECR), Oasis Petroleum (OAS), Talos Energy (TALO), Brigham Minerals (MNRL) and Centennial Resource Development (CDEV).

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 a variety of of retail and institutional 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 $7.93.

California Resources has a market capitalization of $388.60 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]