California Resources Corp
$ 62.74
-6.18%
17 Apr - close price
- Market Cap 5,567,353,000 USD
- Current Price $ 62.74
- High / Low $ 64.12 / 61.27
- Stock P/E 15.12
- Book Value 41.40
- EPS 4.15
- Next Earning Report 2026-05-05
- Dividend Per Share $1.57
- Dividend Yield 2.34 %
- Next Dividend Date -
- ROA 0.06 %
- ROE 0.10 %
- 52 Week High 71.98
- 52 Week Low 32.78
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
$81.50
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-03-02 | 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 |
| Reported EPS | 0.47 | 1.46 | 1.92 | 1.07 | 0.91 | 1.5 | 0.6 | 0.75 | 0.93 | 1.02 | 0.53 | 2.63 |
| Estimated EPS | 0.5842 | 1.29 | 0.9049 | 0.7717 | 0.968 | 1.34 | 0.78 | 0.63 | 0.91 | 0.81 | 0.71 | 1.96 |
| Surprise | -0.1142 | 0.17 | 1.0151 | 0.2983 | -0.058 | 0.16 | -0.18 | 0.12 | 0.02 | 0.21 | -0.18 | 0.67 |
| Surprise Percentage | -19.5481% | 13.1783% | 112.1781% | 38.6549% | -5.9917% | 11.9403% | -23.0769% | 19.0476% | 2.1978% | 25.9259% | -25.3521% | 34.1837% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-05-05 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | 0.85 |
| Currency | USD |
Previous Dividend Records
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-03-20 | 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 |
| Amount | $0.405 | $0.405 | $0.3875 | $0.3875 | $0.3875 | $0.3875 | $0.3875 | $0.31 | $0.31 | $0.31 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CRC
2026-04-19 04:08:54
California Resources Corporation (CRC) has amended its credit agreement, specifically revising the pricing grid to lower its borrowing costs. This move aims to enhance financial flexibility, improve cash flow, and strengthen the company's capital structure within the capital-intensive energy sector. Analysts currently hold a "Buy" rating on CRC stock with a $72.00 price target, and TipRanks’ AI Analyst, Spark, rates it as "Outperform" due to improved financial strength and constructive price momentum.
2026-04-17 20:09:44
California Resources Corporation (NYSE: CRC) has entered into a Ninth Amendment to its Amended and Restated Credit Agreement, effective April 14, 2026. This amendment, made with Citibank, N.A. and a syndicate of lenders, is primarily intended to reduce the company's borrowing costs by updating the pricing grid within its existing credit facility. The full details, including other technical changes, are outlined in Exhibit 10.1 of their 8-K filing.
2026-04-12 08:40:37
California Resources Corporation (NYSE:CRC) experienced a significant 52.7% decrease in short interest by March 31st, totaling 3,429,171 shares. Despite insider selling activity totaling over $4.6 million in the past 90 days, Wall Street analysts maintain a consensus "Buy" rating with an average target price of $70.50. The company recently announced a quarterly dividend of $0.405, yielding 2.4% annually.
2026-04-11 03:09:44
California Resources Corporation (NYSE: CRC) announced it will release its first quarter 2026 financial results on Tuesday, May 5th, after market close. A conference call to discuss these results will be held on Wednesday, May 6th, at 1:00 p.m. Eastern Time. Participants are encouraged to pre-register for the call.
2026-04-08 23:40:25
California Resources Corporation (NYSE:CRC) has an average "Buy" recommendation from 15 brokerages, with an average 1-year target price of $70.50. Recent analyst upgrades and target price increases reflect positive sentiment, despite some insider share sales totaling $4.64 million in the last 90 days. Institutional investors hold a significant majority of the stock, while the company reported a slight EPS miss but a revenue beat in its latest quarterly earnings.
2026-04-08 08:39:05
Barclays analyst Betty Jiang maintained a Buy rating on California Resources Corp (CRC) with a price target of $72.00. This follows J.P. Morgan's Buy rating and Citi's Hold rating for the company. Despite a recent decline in revenue and net profit, and negative insider sentiment with increased selling activity, the stock has received several positive price target adjustments from various firms.
