California Resources (CRCQQ) Stock Price, News & Analysis

Company Overview

California Resources Corporation was an independent energy company focused on the exploration, development and production of oil and natural gas in California. Its operations included conventional oil and gas fields, associated infrastructure and other assets supporting the production, processing and marketing of hydrocarbons.

The company’s activities were concentrated in California, with operations spanning several of the state’s major oil-producing regions, including the San Joaquin and Los Angeles basins. California Resources also pursued opportunities related to carbon management, including carbon capture and storage, as part of its broader strategy to use its subsurface resources and infrastructure.

California Resources was established in 2014 through a separation from Occidental Petroleum Corporation. The company later entered Chapter 11 bankruptcy proceedings in 2020 and emerged from restructuring in 2021. The OTC Markets symbol CRCQQ was associated with the company’s pre-reorganization common stock; information about leadership and operations under that historical security may not reflect the company’s post-restructuring structure.

Key Stats

• Today's Range: $0.03 to $0.03
• 50-Day Range: $0.03 to $0.03
• 52-Week Range: $0.03 to $11.08
• Volume: N/A
• Average Volume: 2.96 million shs
• Market Capitalization: $1.39 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: OTCMKTS:CRCQQ
• CIK: N/A
• Web: www.crc.com
• Phone: 888 848 4754
• Fax: N/A
• Employees: 1,060
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$28 million
• Net Margins: -95.33%
• Pretax Margin: N/A
• Return on Equity: -4.31%
• Return on Assets: -3.78%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.07
• Quick Ratio: 0.06

Sales & Book Value

• Annual Sales: $2.63 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($6.03) per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 49,450,000
• Free Float: N/A
• Market Cap: $1.39 million
• Optionable: Not Optionable
• Beta: N/A