NYSE:CRCCalifornia Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding California Resources Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.44 +0.19 (+15.20 %) (As of 04/9/2020 02:01 AM ET) Add Compare Share Today's Range$1.25Now: $1.44▼$1.4450-Day Range$0.94MA: $4.06▼$7.5952-Week Range$0.85Now: $1.44▼$29.66Volume3.80 million shsAverage Volume3.86 million shsMarket Capitalization$71.08 millionP/E RatioN/ADividend YieldN/ABeta4.6 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Beat the Market (BTM) Rank™ 2.9 Analyst's Opinion Consensus RatingCalifornia Resources has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.25, California Resources has a potential upside of 1,375.7% from its current price of $1.44.Amount of Analyst CoverageCalifornia Resources has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesCalifornia Resources has received 323 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCalifornia Resources has received 388 “underperform” votes. (Add your “underperform” vote.)Community SentimentCalifornia Resources has received 54.57% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldCalifornia Resources does not currently pay a dividend.Dividend GrowthCalifornia Resources does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, California Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.09% of the stock of California Resources is held by insiders.Percentage Held by Institutions67.14% of the stock of California Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for California Resources are expected to grow by 9.80% in the coming year, from ($10.20) to ($11.20) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of California Resources is -2.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of California Resources is -2.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 2.9Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.36 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:CRC Previous Symbol CUSIPN/A CIK1609253 Webhttp://www.crc.com/ Phone888-848-4754Debt Debt-to-Equity RatioN/A Current Ratio0.69 Quick Ratio0.60Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.63 billion Price / Sales0.03 Cash Flow$11.08 per share Price / Cash Flow0.13 Book Value($6.03) per share Price / Book-0.24Profitability EPS (Most Recent Fiscal Year)$1.40 Net Income$-28,000,000.00 Net Margins-1.06% Return on Equity-26.12% Return on Assets0.99%Miscellaneous Employees1,250 Outstanding Shares49,359,000Market Cap$71.08 million Next Earnings Date5/7/2020 (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. CRC Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CRC stock has decreased by 51.4% and is now trading at $1.44. View which stocks have been most 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 EPS for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.36. The oil and gas producer earned $610 million during the quarter, compared to analyst estimates of $676.15 million. California Resources had a negative return on equity of 26.12% and a negative net margin of 1.06%. 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 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 12 month price objectives for California Resources' stock. Their forecasts range from $11.00 to $30.00. On average, they expect California Resources' stock price to reach $21.25 in the next year. This suggests a possible upside of 1,375.7% from the stock's current price. View analysts' price targets for California Resources. Has California Resources been receiving favorable news coverage? Media coverage about CRC stock has trended very negative recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. California Resources earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutCalifornia Resources. Who are some of California Resources' key competitors? Some companies that are related to California Resources include Falcon Minerals (FLMN), Antero Resources (AR), Advantage Oil & Gas (AAVVF), Callon Petroleum (CPE), Berry Petroleum (BRY), Primeenergy Resources (PNRG), SM Energy (SM), SUNDANCE ENERGY/S (SNDE), Oasis Petroleum (OAS), Denbury Resources (DNR), Earthstone Energy (ESTE), Montage Resources (MR), Centennial Resource Development (CDEV), Laredo Petroleum (LPI) and QEP Resources (QEP). 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 $1.44. How big of a company is California Resources? California Resources has a market capitalization of $71.08 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] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: Cryptocurrencies
