California Resources Corporation (CRC): Price and Financial Metrics


California Resources Corporation (CRC)

Today's Latest Price: $1.89 USD

0.39 (25.99%)

Updated Jun 5 3:34pm

Add CRC to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 96 in Energy - Oil & Gas

See all "A" rated Strong Buy stocks

CRC Stock Summary

  • The price/operating cash flow metric for California Resources Corp is higher than only 1.78% of stocks in our set with a positive cash flow.
  • With a price/sales ratio of 0.03, California Resources Corp has a higher such ratio than only 1.11% of stocks in our set.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at -18.46 for California Resources Corp; that's greater than it is for only 1.27% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to California Resources Corp are WTI, WOW, CREG, CORR, and EURN.
  • Visit CRC's SEC page to see the company's official filings. To visit the company's web site, go to www.crc.com.
CRC Daily Price Range
CRC 52-Week Price Range

CRC Stock Price Chart More Charts


CRC Price/Volume Stats

Current price $1.89 52-week high $20.78
Prev. close $1.50 52-week low $0.85
Day low $1.62 Volume 8,987,531
Day high $2.05 Avg. volume 3,660,905
50-day MA $1.71 Dividend yield N/A
200-day MA $6.42 Market Cap 93.28M

California Resources Corporation (CRC) Company Bio


California Resources Corporation is an independent oil and natural gas exploration and production company, operating properties exclusively within the State of California. The company was founded in 2014 and is based in Bakersfield, California.

CRC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$1.89$5.08268%

We started the process of determining a valid price forecast for California Resources Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that California Resources Corp ranked in the 75th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of California Resources Corp, consider:

  • The company's balance sheet shows it gets 1% of its capital from equity, and 99% of its capital from debt. Its equity weight surpasses that of just 2.24% of free cash flow generating stocks in the Energy sector.
  • The company's compound free cash flow growth rate over the past 5 years comes in at -0.17%; that's greater than only 11.56% of US stocks we're applying DCF forecasting to.
  • California Resources Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 23.25% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%261%
1%265%
2%268%
3%272%
4%276%
5%279%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CRC, try SUN, FRO, BOOM, UGP, and HFC.


CRC Latest News Stream


Event/TimeNews Detail
Loading, please wait...

CRC Latest Social Stream


Loading social stream, please wait...

View Full CRC Social Stream

Latest CRC News From Around the Web

Below are the latest news stories about California Resources Corp that investors may wish to consider to help them evaluate CRC as an investment opportunity.

Laredo Petroleum Announces William Albrecht to Succeed Randy Foutch as Chairman of the Board of Directors

Laredo Petroleum, Inc. (NYSE:LPI) ("Laredo" or "the Company"), today announced the appointment of William Albrecht as independent Chairman of the Board of Directors (the "Board"), succeeding Randy Foutch upon the expiration of Mr. Foutch's term on May 14, 2020. Mr. Albrecht, currently an independent member of the Board, will continue to serve on the Compensation Committee and Nominating and Corporate Governance Committee.

Yahoo | May 18, 2020

Is the Options Market Predicting a Spike in California Resources (CRC) Stock?

Investors need to pay close attention to California Resources (CRC) stock based on the movements in the options market lately.

Yahoo | May 13, 2020

California Resources' stock plunges to pace NYSE losers after disclosure of 'going concern' warning

Shares of California Resources Corp. plunged 29% in morning trading, to pace all NYSE decliners, after the oil and gas company disclosed that it was adding a "going concern" warning its its risk factors, given the impact the COVID-19 pandemic has had on crude oil prices. The company also disclosed late Monday that it is unable to meet the deadline to file its quarterly report with the Securities and Exchange Commission, and is relying on the SEC's order to allow delays amid the pandemic. The company said in the meantime, it is supplementing the risk factors previously disclosed in its annual report, given that travel restrictions, business closures and quarantining has led to an "unprecedented" reduction in demand for crude oil. "As previously disclosed, the company is continuing to pu...

Yahoo | May 12, 2020

California Resources Warns It May Collapse After Oil Crash

(Bloomberg) -- California Resources Corp. warned it may not be able to stay in business if it can’t repair its balance sheet amid the worst crude-market crash in history.California’s biggest oil producer will delay submitting its quarterly report to regulators until next month and ditched its guidance for the rest of this year because of the effects of the Covid-19 pandemic, the company said Monday in a filing. Tumbling demand for its crude forced the company to shut in the equivalent of 5,000 barrels a day of oil production.“In the event the company is not successful in restructuring its balance sheet, there is substantial doubt about the company’s ability to continue as a going concern,” the Los Angeles-based explorer said.California Resources has struggled to manage its debt since it...

Yahoo | May 11, 2020

ATTENTION CALIFORNIA RESOURCES EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in California Resources Stock with Full-Service Brokerage Firms

KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus ("COVID-19") pandemic by employees and investors who held large positions in California Resources (NYSE:CRC) stock at full-service brokerage firms. Investment portfolios holding large positions can carry significant downside risks. The investigation focuses on full-service brokerage firms’ negligence and mismanagement of large positions that resulted in employees and investors suffering substantial losses.

Yahoo | May 5, 2020

Read More 'CRC' Stories Here

CRC Price Returns

1-mo -18.18%
3-mo -66.19%
6-mo -75.80%
1-year -87.63%
3-year -83.03%
5-year -97.62%
YTD -79.07%
2019 -47.01%
2018 -12.35%
2017 -8.69%
2016 -8.63%
2015 -57.48%

Continue Researching CRC

Here are a few links from around the web to help you further your research on California Resources Corp's stock as an investment opportunity:

California Resources Corp (CRC) Stock Price | Nasdaq
California Resources Corp (CRC) Stock Quote, History and News - Yahoo Finance
California Resources Corp (CRC) Stock Price and Basic Information | MarketWatch


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.8049 seconds.