(CRC) California Resources - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US13057Q3056

Stock:

Total Rating 55
Risk 83
Buy Signal 0.54
Risk 5d forecast
Volatility 35.0%
Relative Tail Risk -6.01%
Reward TTM
Sharpe Ratio 0.76
Alpha 12.95
Character TTM
Beta 1.008
Beta Downside 2.471
Drawdowns 3y
Max DD 44.75%
CAGR/Max DD 0.29

EPS (Earnings per Share)

EPS (Earnings per Share) of CRC over the last years for every Quarter: "2020-12": 0.13, "2021-03": 1.22, "2021-06": 0.94, "2021-09": 1.83, "2021-12": 2.13, "2022-03": 1.13, "2022-06": 1.13, "2022-09": 1.45, "2022-12": 1.24, "2023-03": 2.63, "2023-06": 0.53, "2023-09": 1.02, "2023-12": 0.93, "2024-03": 0.75, "2024-06": 0.6, "2024-09": 1.5, "2024-12": 0.91, "2025-03": 1.07, "2025-06": 1.92, "2025-09": 1.46, "2025-12": 0,

Revenue

Revenue of CRC over the last years for every Quarter: 2020-12: 426, 2021-03: 576, 2021-06: 569, 2021-09: 713, 2021-12: 707, 2022-03: 715, 2022-06: 847, 2022-09: 882, 2022-12: 814, 2023-03: 982, 2023-06: 560, 2023-09: 664, 2023-12: 607, 2024-03: 525, 2024-06: 509, 2024-09: 997, 2024-12: 926, 2025-03: 906, 2025-06: 821, 2025-09: 878, 2025-12: null,

Description: CRC California Resources

California Resources Corporation operates as an independent energy and carbon management company in the United States. It operates in two segments, Oil and Natural Gas, and Carbon Management. The company explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. It also provides Carbon TerraVault which build, install, operate, and maintain CO2 capture equipment, transportation assets, and storage facilities. In addition, the company owns and operates power generation facilities, as well as smaller gas-fired power plants used to generate power for oil and natural gas operations. The company was incorporated in 2014 and is based in Long Beach, California.

Piotroski VR‑10 (Strict, 0-10) 8.5

Net Income: 384.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 4.02 > 1.0
NWC/Revenue: -2.97% < 20% (prev -0.95%; Δ -2.03% < -1%)
CFO/TA 0.12 > 3% & CFO 835.0m > Net Income 384.0m
Net Debt (904.0m) to EBITDA (1.26b): 0.71 < 3
Current Ratio: 0.89 > 1.5 & < 3
Outstanding Shares: last quarter (84.4m) vs 12m ago -7.46% < -2%
Gross Margin: 37.89% > 18% (prev 0.43%; Δ 3746 % > 0.5%)
Asset Turnover: 50.88% > 50% (prev 37.01%; Δ 13.87% > 0%)
Interest Coverage Ratio: 5.95 > 6 (EBITDA TTM 1.26b / Interest Expense TTM 105.0m)

Altman Z'' 2.07

A: -0.02 (Total Current Assets 812.0m - Total Current Liabilities 917.0m) / Total Assets 6.75b
B: 0.29 (Retained Earnings 1.93b / Total Assets 6.75b)
C: 0.09 (EBIT TTM 625.0m / Avg Total Assets 6.94b)
D: 0.60 (Book Value of Equity 2.00b / Total Liabilities 3.31b)
Altman-Z'' Score: 2.07 = BBB

Beneish M -2.90

DSRI: 0.77 (Receivables 403.0m/393.0m, Revenue 3.53b/2.64b)
GMI: 1.13 (GM 37.89% / 42.91%)
AQI: 1.04 (AQ_t 0.05 / AQ_t-1 0.04)
SGI: 1.34 (Revenue 3.53b / 2.64b)
TATA: -0.07 (NI 384.0m - CFO 835.0m) / TA 6.75b)
Beneish M-Score: -2.90 (Cap -4..+1) = A

What is the price of CRC shares?

As of February 27, 2026, the stock is trading at USD 57.33 with a total of 681,958 shares traded.
Over the past week, the price has changed by -3.48%, over one month by +15.51%, over three months by +23.28% and over the past year by +31.40%.

Is CRC a buy, sell or hold?

California Resources has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy CRC.
  • StrongBuy: 7
  • Buy: 3
  • Hold: 2
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the CRC price?

Issuer Target Up/Down from current
Wallstreet Target Price 63.3 10.4%
Analysts Target Price 63.3 10.4%

CRC Fundamental Data Overview February 23, 2026

P/E Trailing = 14.2014
P/E Forward = 18.2149
P/S = 1.509
P/B = 1.2788
P/EG = 0.5615
Revenue TTM = 3.53b USD
EBIT TTM = 625.0m USD
EBITDA TTM = 1.26b USD
Long Term Debt = 889.0m USD (from longTermDebt, last quarter)
Short Term Debt = 144.0m USD (from shortTermDebt, last quarter)
Debt = 1.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 904.0m USD (from netDebt column, last quarter)
Enterprise Value = 6.19b USD (5.29b + Debt 1.10b - CCE 196.0m)
Interest Coverage Ratio = 5.95 (Ebit TTM 625.0m / Interest Expense TTM 105.0m)
EV/FCF = 11.36x (Enterprise Value 6.19b / FCF TTM 545.0m)
FCF Yield = 8.80% (FCF TTM 545.0m / Enterprise Value 6.19b)
FCF Margin = 15.43% (FCF TTM 545.0m / Revenue TTM 3.53b)
Net Margin = 10.88% (Net Income TTM 384.0m / Revenue TTM 3.53b)
Gross Margin = 37.89% ((Revenue TTM 3.53b - Cost of Revenue TTM 2.19b) / Revenue TTM)
Gross Margin QoQ = 38.38% (prev 37.03%)
Tobins Q-Ratio = 0.92 (Enterprise Value 6.19b / Total Assets 6.75b)
Interest Expense / Debt = 2.27% (Interest Expense 25.0m / Debt 1.10b)
Taxrate = 14.67% (11.0m / 75.0m)
NOPAT = 533.3m (EBIT 625.0m * (1 - 14.67%))
Current Ratio = 0.89 (Total Current Assets 812.0m / Total Current Liabilities 917.0m)
Debt / Equity = 0.32 (Debt 1.10b / totalStockholderEquity, last quarter 3.44b)
Debt / EBITDA = 0.71 (Net Debt 904.0m / EBITDA 1.26b)
Debt / FCF = 1.66 (Net Debt 904.0m / FCF TTM 545.0m)
Total Stockholder Equity = 3.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.53% (Net Income 384.0m / Total Assets 6.75b)
RoE = 11.05% (Net Income TTM 384.0m / Total Stockholder Equity 3.48b)
RoCE = 14.32% (EBIT 625.0m / Capital Employed (Equity 3.48b + L.T.Debt 889.0m))
RoIC = 11.81% (NOPAT 533.3m / Invested Capital 4.52b)
WACC = 8.31% (E(5.29b)/V(6.39b) * Re(9.63%) + D(1.10b)/V(6.39b) * Rd(2.27%) * (1-Tc(0.15)))
Discount Rate = 9.63% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 9.22%
[DCF] Terminal Value 80.27% ; FCFF base≈442.6m ; Y1≈546.0m ; Y5≈929.8m
[DCF] Fair Price = 155.5 (EV 14.80b - Net Debt 904.0m = Equity 13.89b / Shares 89.3m; r=8.31% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -25.43 | EPS CAGR: -47.58% | SUE: -1.61 | # QB: 0
Revenue Correlation: 12.28 | Revenue CAGR: 5.95% | SUE: -0.10 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.29 | Chg7d=+0.004 | Chg30d=-0.080 | Revisions Net=-4 | Analysts=8
EPS next Year (2026-12-31): EPS=1.56 | Chg7d=-0.222 | Chg30d=-0.647 | Revisions Net=-9 | Growth EPS=-62.4% | Growth Revenue=-0.2%
[Analyst] Revisions Ratio: -0.50 (2 Up / 6 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 2.6% (Discount Rate 9.6% - Earnings Yield 7.0%)
[Growth] Growth Spread = -9.6% (Analyst -7.0% - Implied 2.6%)

Additional Sources for CRC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle