California Resources Corp's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 12/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 65.46.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
California Resources Corp's Score
Industry at a Glance
Industry Ranking
12 / 120
Overall Ranking
93 / 4562
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
14
analysts
Buy
Current Rating
65.462
Target Price
+38.51%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
California Resources Corp Highlights
StrengthsRisks
California Resources Corporation is an independent energy and carbon management company committed to energy transition. The Company’s segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide (CO2) equipment, transportation assets and storage facilities. The Oil and Natural Gas segment explores for, develops and produces crude oil, oil condensate, natural gas liquids and natural gas. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. It has interests in oil and gas fields throughout the San Joaquin basin, including in Elk Hills, Buena Vista, Coles Levee, North Belridge and South Belridge, Kern Front, Lost Hills, Cymric, McKittrick, Midway Sunset and Coalinga. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 30.59%.
Undervalued
The company’s latest PB is 1.07, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 87.99M shares, decreasing 0.00% quarter-over-quarter.
California Resources Corporation is an independent energy and carbon management company committed to energy transition. The Company’s segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide (CO2) equipment, transportation assets and storage facilities. The Oil and Natural Gas segment explores for, develops and produces crude oil, oil condensate, natural gas liquids and natural gas. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. It has interests in oil and gas fields throughout the San Joaquin basin, including in Elk Hills, Buena Vista, Coles Levee, North Belridge and South Belridge, Kern Front, Lost Hills, Cymric, McKittrick, Midway Sunset and Coalinga. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide.
Ticker SymbolCRC
CompanyCalifornia Resources Corp
CEOLeon (Francisco J)
Websitehttps://www.crc.com/
FAQs
What is the current price of California Resources Corp (CRC)?
The current price of California Resources Corp (CRC) is 43.770.
What is the symbol of California Resources Corp?
The ticker symbol of California Resources Corp is CRC.
What is the 52-week high of California Resources Corp?
The 52-week high of California Resources Corp is 58.410.
What is the 52-week low of California Resources Corp?
The 52-week low of California Resources Corp is 30.970.
What is the market capitalization of California Resources Corp?
The market capitalization of California Resources Corp is 3.66B.
What is the net income of California Resources Corp?
The net income of California Resources Corp is 376.00M.
Is California Resources Corp (CRC) currently rated as Buy, Hold, or Sell?
According to analysts, California Resources Corp (CRC) has an overall rating of Buy, with a price target of 65.462.
What is the Earnings Per Share (EPS TTM) of California Resources Corp (CRC)?
The Earnings Per Share (EPS TTM) of California Resources Corp (CRC) is 4.196.