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 crude oil and natural gas in California. Its operations were concentrated in the San Joaquin, Los Angeles and Sacramento basins, giving it exposure to the state’s established oil and gas fields.

The company’s activities included operating producing wells, developing oil and natural gas reserves, and managing related infrastructure and mineral interests. California Resources also pursued lower-carbon energy initiatives, including carbon capture and sequestration projects intended to use its subsurface expertise and existing energy infrastructure.

California Resources was formed in 2014 when Occidental Petroleum separated its California oil and gas operations into a standalone public company. It filed for Chapter 11 bankruptcy protection in 2020 and subsequently completed a financial restructuring. The company’s securities have traded under different symbols over time, including the OTC Markets symbol CRCQQ associated with its distressed or legacy securities.

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