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California Resources

CRC

Market cap $4.64B

52.23 USD

-0.71

1.34%

At close Updated Aug 28, 4:00 PM EDT

Pre-market

After hours

52.23

0.00

0%

1 day

-1.34%

5 days

-1.14%

1 month

5.94%

3 months

-14.32%

6 months

-15.09%

Year to date

12.59%

1 year

5.13%

5 years

56.1%

10 years

248.2%

About: California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.

Employees: 2,500

Energy Oil & Gas Exploration & Production

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 44%

Neutral 40%

Negative 16%

Invesco Small Cap Value Fund Q2 2026 Portfolio Activity

Teleflex management's efforts to simplify the business and return capital to shareholders should, in our view, create an opportunity for valuation improvement. Given Orion stock's recent strength, we opted to sell the position to fund other opportunities that we believe have better potential upside to intrinsic value. MKS stock's strong performance reflected broad-based AI investment demand and ongoing spending on advanced computing infrastructure.

Invesco Small Cap Value Fund Q2 2026 Portfolio Activity

Zacks Investment Research

CRC Down 14.1% in 3 Months: Can Cost Gains Turn It Around?

California Resources is cutting costs and improving drilling efficiency, but weaker estimates and market-access uncertainty continue to weigh on shares.

CRC Down 14.1% in 3 Months: Can Cost Gains Turn It Around?

Zacks Investment Research

Is CRC Stock Worth Buying Despite Its Premium Valuation?

California Resources Corporation is cutting costs and improving well productivity, but a rich valuation and falling 2026 estimates keep the investment case mixed.

Is CRC Stock Worth Buying Despite Its Premium Valuation?

Zacks Investment Research

Can CRC's $63M Crimson Deal Ease California Constraints?

California Resources Corporation is adding pipelines, storage and market access after Q2 bottlenecks hurt realizations and raised transport costs.

Can CRC's $63M Crimson Deal Ease California Constraints?

Zacks Investment Research

CRC Q2 Earnings Miss on Takeaway Constraints, Revenues Beat

CRC's revenues surge 50.4% as Berry synergies, drilling gains and midstream expansion support growth despite weaker differentials.

CRC Q2 Earnings Miss on Takeaway Constraints, Revenues Beat

Top energy plays for the rest of the year

Why oil prices have not super-spiked despite the ongoing Strait of Hormuz standoff. Wall Street's top energy stock picks heading into the fall.

Top energy plays for the rest of the year

California Resources: Executing On Strategic Priorities But Hedges Sap Away Earnings Power

California Resources delivered a solid quarter, but hedging limited upside from strong commodity prices, resulting in underwhelming bottom-line growth. The company executed strategic initiatives: commencing CO2 injection operations, acquiring Crimson midstream assets, and optimizing Berry acquisition synergies and refinancing. Despite the 'California Discount,' California Resources remains a value play, with carbon sequestration offering significant new revenue potential and a competitive dividend.

California Resources: Executing On Strategic Priorities But Hedges Sap Away Earnings Power

California Resources Corporation (CRC) Q2 2026 Earnings Call Transcript

California Resources Corporation (CRC) Q2 2026 Earnings Call Transcript

California Resources Corporation (CRC) Q2 2026 Earnings Call Transcript

California Resources Q2 Earnings Call Highlights

California Resources NYSE: CRC reported second-quarter results marked by operational efficiency gains, early delivery of Berry-related synergies, and progress in expanding its midstream, carbon management and power businesses.

California Resources Q2 Earnings Call Highlights

Zacks Investment Research

California Resources Corporation (CRC) Q2 Earnings Lag Estimates

California Resources Corporation (CRC) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.1 per share a year ago.

California Resources Corporation (CRC) Q2 Earnings Lag Estimates

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