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California Resources (CRC) Stock

Profile

Full Name:

California Resources Corporation

Sector:

Energy

Country:

United States

IPO:

28 October 2020

Indexes:

Not included

Description:

California Resources Corporation (CRC) is an energy company focused on oil and natural gas production in California. It engages in exploration, development, and production activities, aiming to provide sustainable energy solutions while minimizing environmental impact. CRC plays a key role in the state's energy landscape.

Key Details

Price

$48.57

TTM Dividend Yield

2.87%(+14.80% YoY)

Annual Revenue

$2.81 B(-13.66% YoY)

Annual EPS

$7.78(+15.26% YoY)

PE Ratio

7.65(+27.50% YoY)

Beta

1.06

Events Calendar

Earnings

Next earnings date:

Mar 03, 2025

Recent quarterly earnings:

Nov 05, 2024

Recent annual earnings:

Feb 27, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 02, 2024
Splits

Next split:

N/A

Recent split:

June 01, 2016

Analyst ratings

Recent major analysts updates

14 Jan '25 RBC Capital
Outperform
13 Jan '25 Truist Securities
Buy
20 Dec '24 JP Morgan
Neutral
26 Nov '24 TD Cowen
Buy
24 Oct '24 Jefferies
Buy
21 Aug '24 B of A Securities
Buy
15 Aug '24 RBC Capital
Outperform
12 Aug '24 RBC Capital
Outperform
08 Aug '24 Barclays
Equal-Weight
14 June '24 RBC Capital
Outperform

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Institutional Ownership

CRC SHAREHOLDER ALERT: Andrews & Springer LLC Investigates California Resources Corporation For Potential Breaches of Fiduciary Duty
CRC SHAREHOLDER ALERT: Andrews & Springer LLC Investigates California Resources Corporation For Potential Breaches of Fiduciary Duty
CRC SHAREHOLDER ALERT: Andrews & Springer LLC Investigates California Resources Corporation For Potential Breaches of Fiduciary Duty
CRC
globenewswire.com03 February 2025

WILMINGTON, DE, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Andrews & Springer LLC, a boutique Delaware law firm focused on representing shareholders, is investigating California Resources Corporation (NYSE: CRC) (“California Resources” or the “Company”) for potential corporate misconduct.

Bet on Energy With 4 U.S. Upstream Oil & Gas Stocks
Bet on Energy With 4 U.S. Upstream Oil & Gas Stocks
Bet on Energy With 4 U.S. Upstream Oil & Gas Stocks
CRC
zacks.com29 January 2025

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise buying shares of EOG, LNG, CRC and GPOR.

Leap Therapeutics Reports Initial Clinical Data from Part B of the DeFianCe Study and Part C of the DisTinGuish Study
Leap Therapeutics Reports Initial Clinical Data from Part B of the DeFianCe Study and Part C of the DisTinGuish Study
Leap Therapeutics Reports Initial Clinical Data from Part B of the DeFianCe Study and Part C of the DisTinGuish Study
CRC
prnewswire.com28 January 2025

35% objective response rate (ORR) in second-line colorectal cancer (CRC) patients treated with sirexatamab (DKN-01) plus bevacizumab and chemotherapy, compared to 23% ORR in the control arm DKK1 levels highly correlated with clinical activity in CRC population ORR benefit with sirexatamab observed across multiple potential Phase 3 CRC populations Preparations will begin for a registrational Phase 3 study in second-line CRC patients DisTinGuish Part C study in gastric cancer demonstrates activity in biomarker populations,  but not the signal necessary to advance into Phase 3 Leap to host a conference call to present clinical data today, January 28, 2025, at 8:00 a.m. ET CAMBRIDGE, Mass.

California Resources Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call
California Resources Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call
California Resources Corporation Schedules Fourth Quarter and Full Year 2024 Earnings Conference Call
CRC
globenewswire.com15 January 2025

LONG BEACH, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) is set to announce its financial results for the fourth quarter and the entire year of 2024 on Monday, March 3rd, before the market opens.

CRC Approves California's First Carbon Capture and Storage Project
CRC Approves California's First Carbon Capture and Storage Project
CRC Approves California's First Carbon Capture and Storage Project
CRC
globenewswire.com06 January 2025

On January 6, 2025, California Resources Corporation (NYSE: CRC) and its carbon management division, Carbon TerraVault (CTV), revealed that they have received approval for California's first carbon capture and storage (CCS) project. This project will be situated at the Elk Hills cryogenic gas plant in Kern County and aims to capture and store up to 100,000 metric tons of CO2 each year.

CRC's Carbon TerraVault Receives EPA Permits for CO2 Injection and Storage in California
CRC's Carbon TerraVault Receives EPA Permits for CO2 Injection and Storage in California
CRC's Carbon TerraVault Receives EPA Permits for CO2 Injection and Storage in California
CRC
globenewswire.com31 December 2024

California Resources Corporation (CRC) and its carbon management division, Carbon TerraVault (CTV), have received final Class VI well permits from the Environmental Protection Agency (EPA). This approval allows them to inject and store carbon dioxide (CO2) underground in the 26R reservoir at CRC's Elk Hills Field in Kern County, California. This marks a significant step in the nation's efforts to manage carbon emissions.

California Resources Corporation Announces January Investor Conference Participation
California Resources Corporation Announces January Investor Conference Participation
California Resources Corporation Announces January Investor Conference Participation
CRC
globenewswire.com16 December 2024

LONG BEACH, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC), an independent company focused on energy and carbon management, announced that its executives will attend several events in January 2025. These include the Goldman Sachs Energy, CleanTech & Utilities Conference from January 7 to 8 in Aventura, FL, the StoneX Natural Resources Day 3.0 on January 9 in New York, NY, and the UBS Winter Infrastructure & Energy Conference from January 13 to 15 in Deer Valley, UT, as well as the Jefferies CCS Conference on January 14, which will be held online. Presentation materials will be accessible on the day of each event on the Earnings and Presentations page in the Investor Relations section of www.crc.com.

California Resources Stock Could Be a Huge Long-Term Winner
California Resources Stock Could Be a Huge Long-Term Winner
California Resources Stock Could Be a Huge Long-Term Winner
CRC
marketbeat.com10 November 2024

There has been a lot of discussion about AI and data centers, leading to excitement in the markets for companies that can supply a crucial resource: electricity. Data centers that support AI tasks require a significant amount of power.

California Resources Corporation (CRC) Q3 2024 Earnings Call Transcript
California Resources Corporation (CRC) Q3 2024 Earnings Call Transcript
California Resources Corporation (CRC) Q3 2024 Earnings Call Transcript
CRC
seekingalpha.com06 November 2024

California Resources Corporation (NYSE:CRC) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 1:00 PM ET. The call will feature key company participants, including Joanna Park, Francisco Leon, Nelly Molina, Jay Bys, and Omar Hayat. Various conference call participants from different financial institutions will also be present.

California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates
California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates
California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates
CRC
zacks.com05 November 2024

California Resources Corporation (CRC) reported quarterly earnings of $1.50 per share, which is higher than the Zacks Consensus Estimate of $0.89 per share. This is an increase compared to earnings of $1.02 per share from the same period last year.

FAQ

  • What is the primary business of California Resources?
  • What is the ticker symbol for California Resources?
  • Does California Resources pay dividends?
  • What sector is California Resources in?
  • What industry is California Resources in?
  • What country is California Resources based in?
  • When did California Resources go public?
  • Is California Resources in the S&P 500?
  • Is California Resources in the NASDAQ 100?
  • Is California Resources in the Dow Jones?
  • When was California Resources's last earnings report?
  • When does California Resources report earnings?
  • Should I buy California Resources stock now?

What is the primary business of California Resources?

California Resources Corporation (CRC) is an energy company focused on oil and natural gas production in California. It engages in exploration, development, and production activities, aiming to provide sustainable energy solutions while minimizing environmental impact. CRC plays a key role in the state's energy landscape.

What is the ticker symbol for California Resources?

The ticker symbol for California Resources is NYSE:CRC

Does California Resources pay dividends?

Yes, California Resources pays dividends. The last payment was $0.39, with an ex-dividend date on 02 December 2024

What sector is California Resources in?

California Resources is in the Energy sector

What industry is California Resources in?

California Resources is in the Oil & Gas Equipment & Services industry

What country is California Resources based in?

California Resources is headquartered in United States

When did California Resources go public?

California Resources's initial public offering (IPO) was on 28 October 2020

Is California Resources in the S&P 500?

No, California Resources is not included in the S&P 500 index

Is California Resources in the NASDAQ 100?

No, California Resources is not included in the NASDAQ 100 index

Is California Resources in the Dow Jones?

No, California Resources is not included in the Dow Jones index

When was California Resources's last earnings report?

California Resources's most recent earnings report was on 5 November 2024

When does California Resources report earnings?

The next expected earnings date for California Resources is 3 March 2025

Should I buy California Resources stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions