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

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

Shares of California Resources 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.

California Resources Corp (NYSE:CRC) released its quarterly earnings data on Thursday, October, 31st. The oil and gas producer reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.37) by $0.72. The oil and gas producer earned $681 million during the quarter, compared to analyst estimates of $620.31 million. California Resources had a negative return on equity of 23.46% and a net margin of 12.41%. The firm's quarterly revenue was down 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS. View California Resources' Earnings History.

California Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for California Resources.

California Resources will be holding an earnings conference call on Wednesday, February 26th 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 brokers have issued 12 month target prices for California Resources' stock. Their forecasts range from $11.00 to $35.00. On average, they expect California Resources' stock price to reach $24.00 in the next year. This suggests a possible upside of 228.8% 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.

Headlines about CRC stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. California Resources earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for California Resources.

California Resources saw a drop in short interest in December. As of December 31st, there was short interest totalling 15,630,000 shares, a drop of 7.5% from the December 15th total of 16,890,000 shares. Based on an average trading volume of 3,440,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 32.6% of the shares of the company are short sold. View California Resources' Current Options Chain.

Some companies that are related to California Resources include Talos Energy (TALO), PDC Energy (PDCE), Hess Midstream Partners (HESM), CNX Resources (CNX), Comstock Resources (CRK), Enerplus (ERF), GeoPark (GPRK), Chesapeake Energy (CHK), SM Energy (SM), Centennial Resource Development (CDEV), Southwestern Energy (SWN), Brigham Minerals (MNRL), Range Resources (RRC), Oasis Petroleum (OAS) and SUNDANCE ENERGY/S (SNDE).

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).

California Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include Caymus Capital Partners L.P. (0.34%), Alpine Global Management LLC (0.07%), Barnett & Company Inc. (0.01%) and IFP Advisors Inc (0.01%). 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 IFP Advisors Inc and Barnett & Company Inc.. View Insider Buying and Selling for California Resources.

CRC stock was purchased by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P. and Alpine Global Management LLC. Company insiders that have bought California Resources stock in the last two years include Avedick Baruyr Poladian, Darren Williams, Harold M Korell, Harry T Mcmahon, Laurie Siegel, Marshall D Smith and Todd A Stevens. 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 $7.30.

California Resources has a market capitalization of $358.58 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]