CRC Stock Analysis: California Resources | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 4.691m USD | 12M Return: 8.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 39.9M
EPS Trend: -5.4%
Qual. Beats: 0
Rev. Trend: 57.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
California Resources Corporation (CRC) is a U.S.-based independent energy and carbon management company operating through two segments: Oil and Natural Gas, and Carbon Management. The upstream segment explores, develops, and produces crude oil, oil condensate, natural gas liquids, and natural gas, supplying primarily California-based refineries, marketers, and other purchasers. The Carbon Management segment, branded Carbon TerraVault, builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. CRC also owns and operates power generation facilities, including smaller gas-fired power plants that supply electricity to its own oil and natural gas operations. The company was incorporated in 2014 and is headquartered in Long Beach, California, with operations concentrated in California, where it is one of the largest independent producers focused on the states energy sector.
- WTI crude price swings drive California oil revenue and margins
- Carbon TerraVault CCS segment scales with 45Q tax credit demand
- California regulatory permits constrain production growth potential
| Net Income: -463.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.22 > 1.0 |
| NWC/Revenue: -18.46% < 20% (prev -4.85%; Δ -13.61% < -1%) |
| CFO/TA 0.11 > 3% & CFO 788.0m > Net Income -463.0m |
| Net Debt (1.41b) to EBITDA (313.0m): 4.49 < 3 |
| Current Ratio: 0.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (88.7m) vs 12m ago -2.74% < -2% |
| Gross Margin: 37.83% > 18% (prev 40.41%; Δ -2.58% > 0.5%) |
| Asset Turnover: 50.62% > 50% (prev 48.89%; Δ 1.72% > 0%) |
| Interest Coverage Ratio: -2.89 > 6 (EBIT TTM -312.0m / Interest Expense TTM 108.0m) |
| A: -0.09 (Total Current Assets 788.0m - Total Current Liabilities 1.44b) / Total Assets 7.15b |
| B: 0.16 (Retained Earnings 1.16b / Total Assets 7.15b) |
| C: -0.04 (EBIT TTM -312.0m / Avg Total Assets 6.99b) |
| D: 0.69 (Book Value of Equity 2.92b / Total Liabilities 4.23b) |
| Altman-Z'' = 0.35 = B |
| DSRI: 1.28 (Receivables 576.0m/426.0m, Revenue 3.54b/3.34b) |
| GMI: 1.07 (GM 40.41% / 37.83%) |
| AQI: 1.17 (AQ_t 0.05 / AQ_t-1 0.05) |
| SGI: 1.06 (Revenue 3.54b / 3.34b) |
| TATA: -0.17 (NI -463.0m - CFO 788.0m) / TA 7.15b) |
| Beneish M = -2.61 (Cap -4..+1) = A |
As of July 27, 2026, the stock is trading at USD 53.47 with a total of 892,272 shares traded. Over the past week, the price has changed by +1.21%, over one month by -0.45%, over three months by -17.57% and over the past year by +8.14%.
Current recommended Stop Loss: 51.20 (which is 4.2% or 1.4 ATR below the current price).
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
| Analysts Target Price | 77.6 | 45% |
P/E Forward = 8.244
P/S = 1.3542
P/B = 1.6076
P/EG = 0.2576
Revenue TTM = 3.54b USD
EBIT TTM = -312.0m USD
EBITDA TTM = 313.0m USD
Long Term Debt = 1.31b USD (from longTermDebt, last quarter)
Short Term Debt = 13.0m USD (from shortTermDebt, last quarter)
Debt = 1.45b USD (from shortLongTermDebtTotal, last quarter) + Leases 68.0m
Net Debt = 1.41b USD (calculated: Debt 1.45b - CCE 40.0m)
Enterprise Value = 6.10b USD (4.69b + Debt 1.45b - CCE 40.0m)
Interest Coverage Ratio = -2.89 (Ebit TTM -312.0m / Interest Expense TTM 108.0m)
EV/FCF = 15.63x (Enterprise Value 6.10b / FCF TTM 390.0m)
FCF Yield = 6.40% (FCF TTM 390.0m / Enterprise Value 6.10b)
FCF Margin = 11.03% (FCF TTM 390.0m / Revenue TTM 3.54b)
Net Margin = -13.09% (Net Income TTM -463.0m / Revenue TTM 3.54b)
Gross Margin = 37.83% ((Revenue TTM 3.54b - Cost of Revenue TTM 2.20b) / Revenue TTM)
Gross Margin QoQ = 40.12% (prev 35.48%)
Tobins Q-Ratio = 0.85 (Enterprise Value 6.10b / Total Assets 7.15b)
Interest Expense / Debt = 7.47% (Interest Expense 108.0m / Debt 1.45b)
Taxrate = 27.69% (139.0m / 502.0m)
NOPAT = -225.6m (EBIT -312.0m * (1 - 27.69%)) [loss with tax shield]
Current Ratio = 0.55 (Total Current Assets 788.0m / Total Current Liabilities 1.44b)
Debt / Equity = 0.50 (Debt 1.45b / totalStockholderEquity, last quarter 2.92b)
Debt / EBITDA = 4.49 (Net Debt 1.41b / EBITDA 313.0m)
Debt / FCF = 3.61 (Net Debt 1.41b / FCF TTM 390.0m)
Total Stockholder Equity = 3.36b (last 4 quarters mean from totalStockholderEquity)
RoA = -6.63% (Net Income -463.0m / Total Assets 7.15b)
RoE = -13.78% (Net Income TTM -463.0m / Total Stockholder Equity 3.36b)
RoCE = -6.68% (EBIT -312.0m / Capital Employed (Equity 3.36b + L.T.Debt 1.31b))
RoIC = -3.97% (negative operating profit) (NOPAT -225.6m / Invested Capital 5.68b)
WACC = 8.39% (E(4.69b)/V(6.14b) * Re(9.31%) + D(1.45b)/V(6.14b) * Rd(7.47%) * (1-Tc(0.28)))
Discount Rate = 9.31% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.13 | Cagr: 10.57%
[DCF] Terminal Value 73.05% ; FCFF base≈416.4m ; Y1≈367.0m ; Y5≈299.6m
[DCF] Fair Price = 37.91 (EV 4.77b - Net Debt 1.41b = Equity 3.37b / Shares 88.8m; r=8.39% [WACC]; 5y FCF grow -14.47% → 2.50% )
EPS Correlation: -5.43 | EPS CAGR: -1.56% | SUE: -0.02 | # QB: 0
Revenue Correlation: 57.43 | Revenue CAGR: 10.66% | SUE: 0.34 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.37 | Chg30d=-23.97% | Revisions=+17% | Analysts=10
EPS next Quarter (2026-09-30): EPS=1.46 | Chg30d=-25.67% | Revisions=-50% | Analysts=10
EPS current Year (2026-12-31): EPS=5.11 | Chg30d=-20.62% | Revisions=-17% | GrowthEPS=+24.3% | GrowthRev=-7.7%
EPS next Year (2027-12-31): EPS=3.84 | Chg30d=-13.46% | Revisions=-17% | GrowthEPS=-24.8% | GrowthRev=+6.1%
[Analyst] Revisions Ratio: -27% (up=4, down=8)