California Resources Corporation (CRC): Price and Financial Metrics


California Resources Corporation (CRC)

Today's Latest Price: $24.96 USD

0.59 (-2.31%)

Updated Jan 15 7:00pm

Add CRC to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 108 in Energy - Oil & Gas

See all "A" rated Strong Buy stocks

CRC Stock Summary

  • CRC's went public 0.13 years ago, making it older than merely 0% of listed US stocks we're tracking.
  • CRC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of only 4.21% of US stocks.
  • The volatility of California Resources Corp's share price is greater than that of 99.44% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to California Resources Corp are EQT, PVAC, CPG, RVI, and CNX.
  • 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 Stock Price Chart Interactive Chart >

Price chart for CRC

CRC Price/Volume Stats

Current price $24.96 52-week high $27.90
Prev. close $25.55 52-week low $10.99
Day low $24.92 Volume 105,200
Day high $25.63 Avg. volume 106,070
50-day MA $20.13 Dividend yield N/A
200-day MA $0.00 Market Cap 2.08B

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:
$24.96$1.85 -93%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for California Resources Corp. To summarize, we found that California Resources Corp ranked in the 11th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for CRC, they are:

  • The company's balance sheet shows it gets 19% of its capital from equity, and 81% of its capital from debt. Notably, its equity weight is greater than only 16.97% of US equities in the Energy sector yielding a positive free cash flow.
  • The company's compound free cash flow growth rate over the past 0.69 years comes in at -0.2%; that's greater than merely 8.16% 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 merely 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-93%
1%-93%
2%-93%
3%-93%
4%-92%
5%-92%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CRC, try ERF, FPPP, PHX, VTNR, and CLB.


CRC Latest News Stream


Event/Time News 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.

California Resources Corporation Announces Pricing of Private Offering of $600 Million of Senior Unsecured Notes

California Resources Corporation (NYSE: CRC) (the "Company") announced today the pricing of its private offering of $600 million in aggregate principal amount of its 7.125% senior unsecured notes due 2026 (the "Notes") at par. The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility and certain future subsidiaries. The offering is expected to close on January 20, 2021, subject to customary closing conditions.

Yahoo | January 14, 2021

California Resources Corporation -- Moody's assigns B2 rating to California Resources' new notes

Moody's Investors Service, ("Moody's") assigned a B2 rating to California Resources Corporation's (CRC) proposed $600 million senior unsecured notes due 2026 and affirmed its existing ratings, including the B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating (PDR) and B3 rating on its second lien term loan. The SGL-3 Speculative Grade Liquidity Rating is unchanged.

Yahoo | January 13, 2021

California Resources Corporation Announces Private Offering of $600 Million of Senior Unsecured Notes

California Resources Corporation (NYSE: CRC) (the "Company") announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $600 million in aggregate principal amount of senior unsecured notes due 2026 (the "Notes"). The Notes will be guaranteed by all of the Company’s existing subsidiaries that guarantee its revolving credit facility and certain future subsidiaries. The Company intends to use the net proceeds from this offering to repay in full its second lien term loan and repay all outstanding senior secured notes due 2027 previously issued by its wholly-owned subsidiary that indirectly owns all of the assets associated with its Elk Hills power plant and gas processing facilities, with the remainder to be used to repay a portion of t...

Yahoo | January 13, 2021

California Resources CEO to step down at year-end

California Resources (CRC) says President and CEO Todd Stevens will leave the company effective Dec. 31.Executive Chairman Mark McFarland will serve as interim CEO while a search is engaged for a permanent CEO.Stevens held the company's top job since 2014 after coming over from the executive ranks at Occidental Petroleum.California...

Seeking Alpha | December 21, 2020

California Resources Corporation Announces CEO Departure

California Resources Corporation (NYSE: CRC) (the "Company") announced today that Todd A. Stevens, President and Chief Executive Officer, will be leaving the Company on December 31. Mark A. ("Mac") McFarland, the Company’s Executive Chairman, will serve as interim Chief Executive Officer and James N. Chapman will serve as Lead Independent Director. The Board of Directors will launch a search process for the Company’s next CEO.

Yahoo | December 21, 2020

Read More 'CRC' Stories Here

CRC Price Returns

1-mo 18.97%
3-mo N/A
6-mo N/A
1-year N/A
3-year 10.88%
5-year 106.28%
YTD 5.81%
2020 161.24%
2019 -47.01%
2018 -12.35%
2017 -8.69%
2016 -8.63%

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 0.9854 seconds.