California Resources Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 15 out of 118 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 80.64.In the medium term, the stock price is expected to remain stable.Despite an average 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.
Media Coverage
The current financial score of California Resources Corp is 7.57, ranking 49 out of 118 in the Oil & Gas industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 967.00M, representing a year-over-year increase of 6.73%, while its net profit experienced a year-over-year increase of 718.26%.
Key Metrics
The current valuation score of California Resources Corp is 8.26, ranking 36 out of 118 in the Oil & Gas industry. Its current P/E ratio is -11.96, which is -286.05% below the recent high of 22.25 and 0.00% above the recent low of -11.96.
The current earnings forecast score of California Resources Corp is 8.31, ranking 14 out of 118 in the Oil & Gas industry. The average price target is 68.00, with a high of 73.00 and a low of 51.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of California Resources Corp is 7.04, ranking 75 out of 118 in the Oil & Gas industry. Currently, the stock price is trading between the resistance level at 68.39 and the support level at 55.94, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of California Resources Corp is 10.00, ranking 1 out of 118 in the Oil & Gas industry. The latest institutional shareholding proportion is 103.42%, representing a quarter-over-quarter decrease of 16.01%. The largest institutional shareholder is HOTCHKIS & WILEY, holding a total of 932.16K shares, representing 1.05% of shares outstanding, with 310.40% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of California Resources Corp is 7.62, ranking 39 out of 118 in the Oil & Gas industry. The company's beta value is 0.93. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. California Resources Corp’s latest ESG disclosure leads the Oil & Gas industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
