CRC's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.01 -- higher than merely 0.67% of US-listed equities with positive expected earnings growth.
CRC's price/sales ratio is 0.02; that's higher than the P/S ratio of just 0.79% of US stocks.
California Resources Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 531.23%, greater than the shareholder yield of 98.78% of stocks in our set.
If you're looking for stocks that are quantitatively similar to California Resources Corp, a group of peers worth examining would be GNK, HNRG, GTE, SM, and CNX.
CRC's SEC filings can be seen here. And to visit California Resources Corp's official web site, go to www.crc.com.
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.
(Bloomberg Opinion) -- If bond traders’ performance in the second quarter of 2020 was about buying into an indiscriminate rally in all corners of the debt markets, the second half of the year could be defined by sorting out the companies that are merely distressed from those that are ultimately doomed.Investment-grade bonds have become almost a commoditized asset class, given the Federal Reserve’s $750 billion pledge to purchase a broad index of securities to support “market functioning” and provide direct financing to companies as a last resort. Investors have grown so comfortable with this arrangement (which is supposed to end after September but could easily be extended) that the average yield on high-grade corporate debt fell below 2% on July 16 for the first time in the 48-year his...
Moody's Investors Service, ("Moody's") downgraded California Resources Corp.'s (CRC) Probability of Default Rating (PDR) to D-PD from Ca-PD/LD. California Resources' other ratings were affirmed, including its Ca Corporate Family Rating (CFR), B2 rating on its senior secured revolving credit facility rating, Caa3 rating on its senior secured first lien term loan due 2022, Ca rating on its senior secured first lien term loan due 2021, C rating on its senior secured second lien notes and senior unsecured notes.
California Resources (CRC) says it has entered into a restructuring support agreement with key creditors, to be implemented via Chapter 11 bankruptcy protection.The company says it has received a commitment of more than $1B in debtor-in-possession financing from certain creditors to support its operations and be used to fully refinance...