California Resources Corp
$ 58.28
0.22%
24 Feb - close price
- Market Cap 5,193,489,000 USD
- Current Price $ 58.28
- High / Low $ 58.80 / 57.53
- Stock P/E 13.94
- Book Value 41.13
- EPS 4.17
- Next Earning Report 2026-03-02
- Dividend Per Share $1.55
- Dividend Yield 2.62 %
- Next Dividend Date -
- ROA 0.06 %
- ROE 0.11 %
- 52 Week High 60.03
- 52 Week Low 30.19
About
California Resources Corporation is an independent oil and natural gas exploration and production company in the state of California. The company is headquartered in Santa Clarita, California.
Analyst Target Price
$63.31
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-04 | 2025-08-06 | 2025-05-02 | 2025-02-25 | 2024-11-05 | 2024-08-06 | 2024-05-07 | 2024-02-27 | 2023-11-01 | 2023-07-31 | 2023-05-01 | 2023-02-24 |
| Reported EPS | 1.46 | 1.92 | 1.07 | 0.91 | 1.5 | 0.6 | 0.75 | 0.93 | 1.02 | 0.53 | 2.63 | 1.24 |
| Estimated EPS | 1.29 | 0.9049 | 0.7717 | 0.968 | 1.34 | 0.78 | 0.63 | 0.91 | 0.81 | 0.71 | 1.96 | 1.55 |
| Surprise | 0.17 | 1.0151 | 0.2983 | -0.058 | 0.16 | -0.18 | 0.12 | 0.02 | 0.21 | -0.18 | 0.67 | -0.31 |
| Surprise Percentage | 13.1783% | 112.1781% | 38.6549% | -5.9917% | 11.9403% | -23.0769% | 19.0476% | 2.1978% | 25.9259% | -25.3521% | 34.1837% | -20% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-03-02 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 0.49 |
| Currency | USD |
Previous Dividend Records
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2025-12-15 | 2025-09-12 | 2025-06-13 | 2025-03-21 | 2024-12-16 | 2024-09-16 | 2024-06-14 | 2024-03-18 | 2023-12-15 | 2023-09-15 |
| Amount | $0.405 | $0.3875 | $0.3875 | $0.3875 | $0.3875 | $0.3875 | $0.31 | $0.31 | $0.31 | $0.2825 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CRC
2026-02-23 16:58:03
California Resources Corporation (CRC) is projected to beat Q4 earnings estimates, despite an anticipated year-over-year decline in earnings and revenue. The Zacks Earnings ESP indicates a likely positive surprise due to a higher Most Accurate Estimate compared to the Zacks Consensus Estimate, combined with a Zacks Rank #3. The company has a strong history of beating consensus EPS estimates, doing so in three of the last four quarters.
2026-02-20 19:24:28
California Resources Corporation (CRC) is predicted to beat its upcoming earnings estimates, extending its consistent streak of beating expectations. The company has a positive Zacks Earnings ESP of +9.28% and a Zacks Rank #3 (Hold), indicators that historically lead to earnings beats. CRC is expected to release its next earnings report on March 2, 2026.
2026-02-15 12:27:26
The Public Sector Pension Investment Board increased its holdings in California Resources Corporation by 33.1% in Q3, purchasing an additional 78,389 shares to own a total of 315,529 shares valued at $16.78 million. Other institutional investors have also adjusted their positions in CRC. Analysts currently have a "Moderate Buy" consensus rating for California Resources, with an average target price of $63.90.
2026-02-12 11:27:57
California Resources Corporation (NYSE:CRC) recently saw its stock jump 25% in a month, despite a 40% earnings decline over the last year. Analysts predict a continued earnings decrease of 9.6% annually for the next three years, contrasting with the broader market's expected 12% growth. This negative outlook contributes to the company's low P/E ratio of 12.4x and suggests that further share price appreciation may be difficult without significantly improved earnings.
2026-02-08 16:56:28
California Resources Corporation (CRC) is set to acquire Aera Energy in an all-stock deal valued at approximately $2.1 billion, including Aera's net debt. This merger is expected to significantly increase CRC's oil production capacity to around 150,000 boepd and strengthen its carbon management business by adding substantial acreage for carbon capture and sequestration. The transaction, pending regulatory and shareholder approval, aims to expand CRC's energy transition platform and accelerate cash returns to shareholders.
2026-02-06 13:28:24
California Resources Corporation (NYSE:CRC) has a notable debt on its balance sheet, totaling US$1.01 billion, which translates to a net debt of US$815.0 million after accounting for cash. While its net debt to EBITDA ratio of 0.70 and interest coverage of 8.1 times indicate a conservative gearing, a 26% decline in EBIT over the last year suggests potential risks if earnings continue to fall. The company generated strong free cash flow, equating to 61% of its EBIT, which aids in debt repayment.
