California Resources Corporation (CRC)
| Market Cap | 5.23B +63.2% |
| Revenue (ttm) | 3.46B +3.8% |
| Net Income | -463.00M |
| EPS | -5.36 |
| Shares Out | 88.79M |
| PE Ratio | n/a |
| Forward PE | 11.31 |
| Dividend | $1.62 (2.75%) |
| Ex-Dividend Date | May 29, 2026 |
| Volume | 1,371,255 |
| Open | 61.09 |
| Previous Close | 61.12 |
| Day's Range | 58.77 - 61.60 |
| 52-Week Range | 38.96 - 71.98 |
| Beta | 0.96 |
| Analysts | Buy |
| Price Target | 72.57 (+23.17%) |
| Earnings Date | May 5, 2026 |
About CRC
California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it owns and oper... [Read more]
Financial Performance
In 2025, California Resources's revenue was $3.40 billion, an increase of 15.08% compared to the previous year's $2.96 billion. Earnings were $363.00 million, a decrease of -3.46%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for CRC stock is "Buy." The 12-month stock price target is $72.57, which is an increase of 23.17% from the latest price.
News
California Resources Earnings Call Transcript: Q1 2026
Q1 2026 saw strong financial performance, with adjusted EBITDA 17% above guidance and a raised full-year outlook. Accelerated drilling, improved capital efficiency, and CCS milestones position the business for growth, while merger synergies and disciplined capital allocation enhance returns.
California Resources Corporation Reports First Quarter 2026 Financial and Operating Results
Increasing Second Half 2026 Activity to Accelerate Development of Long Duration Oil Inventory Raising 2026E Adjusted EBITDAX Guidance by 42% Driven by Strong Oil Prices, Increased Target Synergies and...
Carbon TerraVault Provides First Quarter 2026 Update
LONG BEACH, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), today provided a first quart...
California Resources price target raised to $77 from $76 at BofA
BofA raised the firm’s price target on California Resources (CRC) to $77 from $76 and keeps a Buy rating on the shares. The firm is updating its price targets for
California Resources price target raised to $82 from $81 at UBS
UBS analyst Josh Silverstein raised the firm’s price target on California Resources (CRC) to $82 from $81 and keeps a Buy rating on the shares. The firm upped the price
These energy stocks are especially cheap when you consider how expensive oil has become
Among equity analysts, a “rerating” is when the stock market catches up to an underlying trend. Energy stocks had started to increase before the attack against Iran by the U.S. and Israel caused oil p...
California Resources Corporation Schedules First Quarter 2026 Earnings Conference Call
LONG BEACH, Calif., April 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its first quarter 2026 financial results on Tuesday, May 5th after market close.
California Resources price target raised to $74 from $67 at Citi
Citi analyst Scott Gruber raised the firm’s price target on California Resources (CRC) to $74 from $67 and keeps a Neutral rating on the shares. Citi updated models in the
California Resources price target raised to $86 from $72 at JPMorgan
JPMorgan raised the firm’s price target on California Resources (CRC) to $86 from $72 and keeps an Overweight rating on the shares. The firm says oil market fundamentals “shifted on
California Resources price target raised to $67 from $51 at Citi
Citi raised the firm’s price target on California Resources (CRC) to $67 from $51 and keeps a Neutral rating on the shares. The firm sees the company as a “prime
California Resources price target raised to $86 from $72 at Mizuho
Mizuho raised the firm’s price target on California Resources (CRC) to $86 from $72 and keeps an Outperform rating on the shares. The firm upped its 2026 oil price outlook
California Resources price target raised to $76 from $65 at BofA
BofA analyst Kalei Akamine raised the firm’s price target on California Resources (CRC) to $76 from $65 and keeps a Buy rating on the shares. Due to the ongoing impasse
California Resources price target raised to $72 from $67 at Barclays
Barclays raised the firm’s price target on California Resources (CRC) to $72 from $67 and keeps an Overweight rating on the shares. The firm increased 2026 oil price estimates on
California Resources Corporation Announces Pricing of Upsized Private Offering of $350 Million of Additional 7.000% Senior Unsecured Notes due 2034
LONG BEACH, Calif., March 11, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of an upsized private offering of $350 million in aggreg...
California Resources Corporation Announces Private Offering of Additional 7.000% Senior Unsecured Notes due 2034
LONG BEACH, Calif., March 11, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (the “Company”) announced today that, subject to market and other conditions, it intends to offer an...
California Resources price target raised to $84 from $62 at Jefferies
Jefferies analyst Emma Schwartz raised the firm’s price target on California Resources (CRC) to $84 from $62 and keeps a Buy rating on the shares after hosting meetings with management.
California Resources price target raised to $75 from $63 at UBS
UBS raised the firm’s price target on California Resources (CRC) to $75 from $63 and keeps a Buy rating on the shares. Energy is viewed as offering attractive risk/reward, with
California Resources price target raised to $75 from $63 at UBS
UBS raised the firm’s price target on California Resources (CRC) to $75 from $63 and keeps a Buy rating on the shares. Energy is viewed as offering attractive risk/reward, with
California Resources price target raised to $72 from $56 at Wells Fargo
Wells Fargo raised the firm’s price target on California Resources (CRC) to $72 from $56 and keeps an Overweight rating on the shares. The firm notes the company put forth
California Resources price target raised to $65 from $54 at Roth Capital
Roth Capital analyst Leo Mariani raised the firm’s price target on California Resources (CRC) to $65 from $54 and keeps a Buy rating on the shares. The firm is positive
California Resources price target raised to $67 from $65 at Barclays
Barclays raised the firm’s price target on California Resources (CRC) to $67 from $65 and keeps an Overweight rating on the shares. The company continues to demonstrate improving capital efficiency
California Resources price target raised to $65 from $54 at Roth Capital
Roth Capital raised the firm’s price target on California Resources (CRC) to $65 from $54 and keeps a Buy rating on the shares. The firm upped estimates following the company’s
California Resources Earnings Call Transcript: Q4 2025
Record 2025 results included 25% production growth, $1.25B adjusted EBITDAX, and $543M free cash flow, with 94% of free cash flow returned to shareholders. 2026 guidance projects 12% production growth, $1B adjusted EBITDA, and continued capital discipline.
California Resources’ Carbon TerraVault provides operational update
Carbon TerraVault Holdings provided a 2025 update on its operating and financial results. 2025 Highlights Completed construction of carbon capture equipment at the Elk Hills Cryogenic Gas Plant for Ca...
California Resources sees FY26 production 152-157 MBoe/d
The company said, “CRC is receiving new drilling permits and currently holds the majority of permits necessary to undertake its 2026 capital program Targeting approximately 12% year-over-year producti...