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

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$21.70 +0.46 (+2.17 %)
(As of 01/18/2019 11:30 AM ET)
Previous Close$21.24
Today's Range$21.11 - $21.96
52-Week Range$13.26 - $50.34
Volume23,155 shs
Average Volume2.23 million shs
Market Capitalization$1.02 billion
P/E Ratio-4.96
Dividend YieldN/A
Beta5.02
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 2.3 million net acres of mineral acreage. As of December 31, 2017, the company had net proved reserves of 618 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 headquartered 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$2.01 billion
Cash Flow$6.8239 per share
Book Value($16.80) per share

Profitability

Net Income$-266,000,000.00

Miscellaneous

Employees1,450
Market Cap$1.02 billion
OptionableOptionable

California Resources (NYSE:CRC) Frequently Asked Questions

What is California Resources' stock symbol?

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

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

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 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.

How were California Resources' earnings last quarter?

California Resources Corp (NYSE:CRC) posted its quarterly earnings results on Thursday, November, 1st. The oil and gas producer reported $0.81 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.89. The oil and gas producer earned $828 million during the quarter, compared to the consensus estimate of $689.83 million. California Resources had a negative net margin of 6.39% and a negative return on equity of 3.20%. The company's quarterly revenue was up 86.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($1.22) earnings per share. View California Resources' Earnings History.

When is California Resources' next earnings date?

California Resources is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for California Resources.

What price target have analysts set for CRC?

5 equities research analysts have issued 12 month price targets for California Resources' stock. Their forecasts range from $25.00 to $55.00. On average, they anticipate California Resources' share price to reach $36.90 in the next twelve months. This suggests a possible upside of 70.0% from the stock's current price. View Analyst Price Targets for California Resources.

What is the consensus analysts' recommendation for California Resources?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for California Resources in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for California Resources.

Has California Resources been receiving favorable news coverage?

Media headlines about CRC stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. California Resources earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Who are some of California Resources' key competitors?

Who are California Resources' key executives?

California Resources' management team includes the folowing people:
  • Mr. Todd A. Stevens, Pres, CEO & Director (Age 51)
  • Mr. Marshall D. Smith, Sr. EVP & CFO (Age 58)
  • Mr. Charles F. Weiss, Exec. VP of Public Affairs (Age 54)
  • Mr. Darren Williams, Exec. VP of Operations & Geoscience (Age 46)
  • Robert A. Barnes, Sr. Exec. Advisor (Age 61)

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, Scottrade, Fidelity and Charles Schwab.

What is California Resources' stock price today?

One share of CRC stock can currently be purchased for approximately $21.70.

How big of a company is California Resources?

California Resources has a market capitalization of $1.02 billion and generates $2.01 billion in revenue each year. The oil and gas producer earns $-266,000,000.00 in net income (profit) each year or ($4.40) on an earnings per share basis. California Resources employs 1,450 workers across the globe.

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 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]


MarketBeat Community Rating for California Resources (NYSE CRC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  245 (Vote Outperform)
Underperform Votes:  279 (Vote Underperform)
Total Votes:  524
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 1/18/2019 by MarketBeat.com Staff

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