California Resources
About: California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
Employees: 1,550
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
60% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 42
33% more call options, than puts
Call options by funds: $4.54M | Put options by funds: $3.41M
8% more funds holding
Funds holding: 277 [Q1] → 298 (+21) [Q2]
7% more capital invested
Capital invested by funds: $3.59B [Q1] → $3.84B (+$251M) [Q2]
4.32% more ownership
Funds ownership: 90.1% [Q1] → 94.42% (+4.32%) [Q2]
8% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 98
14% less funds holding in top 10
Funds holding in top 10: 7 [Q1] → 6 (-1) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
UBS Josh Silverstein | 26%upside $63 | Buy Maintained | 20 Aug 2025 |
Mizuho Nitin Kumar | 28%upside $64 | Outperform Maintained | 8 Aug 2025 |
Citigroup Scott Gruber | 6%downside $47 | Neutral Maintained | 17 Jul 2025 |
JP Morgan Zach Parham | 26%upside $63 | Overweight Upgraded | 15 Jul 2025 |
Barclays Betty Jiang | 20%upside $60 | Overweight Upgraded | 30 May 2025 |
Financial journalist opinion
Based on 7 articles about CRC published over the past 30 days
