YOLFTbeta
California Resources Corp

California Resources Corp

CRC · NYSE · Energy / Oil & Gas E&P

48.31USD+0.43 (+0.90%)

Price History

Full chart

Market Stats

Previous Close47.88
Open48.34
Day Range47.59 – 48.82
52-Week Range42.35 – 70.96
Volume431.33K
Market Cap4.66B
P/E (TTM)0.00
Forward P/E11.92
EPS-1.26
Dividend Yield3.11%
Beta0.90
50-Day Avg53.25
200-Day Avg56.10

About

California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it 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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas E&P
  • CEOMr. Francisco J. Leon
  • Employees2.50K
  • Headquarters1 World Trade Center, Long Beach, CA, United States, 90831, USA
  • Websitehttps://www.crc.com

Leadership

  • Mr. Francisco J. LeonCEO, President & Director · b. 1977
  • Ms. Clio C. CrespyExecutive VP & CFO · b. 1986
  • Mr. Omar HayatCOO & Executive VP · b. 1976
  • Mr. Michael L. Preston J.D.Executive VP, Chief Strategy Officer, Corporate Secretary & General Counsel · b. 1965
  • Mr. Chris D. GouldExecutive VP, Chief Sustainability Officer & MD of CTV Holdings · b. 1971
  • Mr. Michael S. HelmVice President of Finance & Controller and Principal Accounting Officer · b. 1968
  • Ms. Joanna ParkVP of Investor Relations & Treasurer
  • Hailey BonusSenior Director of Communications
  • Ms. Alana A. SotiriSenior Vice President of People Operations
  • Mr. Jay A. BysExecutive VP & Chief Commercial Officer · b. 1965

Financials

Income Statement

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue3.93B4.07B4.28B4.18B2.35B1.75B2.10B3.06B2.69B1.61B2.56B3.26B2.81B2.96B3.60B
Growth (%)-+3.53%+5.13%-2.48%-43.70%-25.44%+19.57%+46.14%-12.08%-40.25%+59.42%+27.02%-13.66%+5.12%+21.88%
Cost of Revenue1.86B2.39B2.33B2.36B1.99B1.38B1.47B1.48B1.43B1.21B1.32B1.52B1.49B1.75B2.18B
Gross Profit2.07B1.69B1.96B1.82B360.00M371.00M629.00M1.59B1.26B403.00M1.25B1.74B1.33B1.20B1.43B
Gross Margin52.64%41.37%45.68%43.49%15.31%21.16%30.01%51.84%46.86%25.05%48.62%53.35%47.14%40.65%39.62%
Operating Expense430.00M463.00M511.00M498.00M534.00M385.00M556.00M448.00M411.00M396.00M345.00M384.00M432.00M551.00M576.00M
Operating Income1.64B1.22B1.45B1.32B-174.00M-14.00M73.00M1.14B851.00M7.00M902.00M1.35B894.00M651.00M852.00M
Operating Margin41.71%30.00%33.75%31.56%-7.40%-0.80%3.48%37.22%31.60%0.44%35.17%41.56%31.78%22.02%23.64%
EBITDA2.39B2.23B2.66B-1.05B-4.14B1.08B652.00M1.35B997.00M2.45B546.00M1.05B1.07B1.08B1.23B
EBITDA Margin60.75%54.87%62.19%-25.14%-175.97%61.55%31.11%44.17%37.02%152.27%21.29%32.38%38.22%36.46%34.21%
Net Income971.00M699.00M869.00M-1.43B-3.55B279.00M-266.00M328.00M-28.00M1.88B612.00M524.00M564.00M376.00M363.00M
Net Income Margin24.68%17.16%20.29%-34.34%-151.17%15.92%-12.69%10.71%-1.04%116.97%23.86%16.08%20.05%12.72%10.07%
Interest Expense00072.00M326.00M328.00M343.00M379.00M383.00M217.00M54.00M53.00M56.00M87.00M106.00M
Interest Expense % of Total Revenue0.00%0.00%0.00%1.72%13.87%18.71%16.36%12.37%14.22%13.49%2.11%1.63%1.99%2.94%2.94%

Balance Sheet

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-13.76B14.30B12.50B7.05B6.35B6.21B7.16B6.96B3.07B3.85B3.97B4.00B7.13B7.40B
Total Liabilities-3.90B4.31B9.89B7.97B6.91B6.93B6.65B6.45B1.89B2.16B2.10B1.78B3.60B3.73B
Total Equity-9.86B9.99B2.61B-916.00M-557.00M-720.00M509.00M-389.00M1.14B1.69B1.86B2.22B3.54B3.67B
Cash---14.00M12.00M12.00M20.00M17.00M17.00M28.00M305.00M307.00M496.00M372.00M132.00M
Total Debt---6.36B6.14B5.27B5.59B5.47B5.04B639.00M637.00M662.00M610.00M1.22B1.36B
Net Debt---6.35B6.13B5.26B5.29B5.23B5.03B611.00M332.00M355.00M114.00M851.00M1.23B

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.46B2.22B2.48B2.37B403.00M130.00M248.00M461.00M676.00M106.00M660.00M690.00M645.00M605.00M865.00M
Investing Cash Flow-3.56B-2.75B-1.71B-2.31B-757.00M-61.00M-215.00M-360.00M-394.00M-39.00M-161.00M-317.00M-175.00M-1.08B-725.00M
Financing Cash Flow1.11B532.00M-763.00M-45.00M352.00M-69.00M-25.00M-104.00M-282.00M-56.00M-222.00M-371.00M-281.00M348.00M-380.00M
Capital Expenditure2.16B2.33B1.67B2.02B401.00M75.00M371.00M690.00M455.00M47.00M194.00M12.00M185.00M255.00M322.00M
Free Cash Flow292.00M-108.00M807.00M351.00M2.00M55.00M-123.00M-229.00M676.00M59.00M660.00M678.00M460.00M350.00M543.00M
Dividends Paid--763.00M6.00B12.00M0-2.82B2.33B445.00M14.00M59.00M81.00M113.00M136.00M
FCF to OCF11.89%-4.86%32.59%14.80%0.50%42.31%-49.60%-49.67%100.00%55.66%100.00%98.26%71.32%57.85%62.77%
Dividend Paid to FCF--94.55%1709.40%600.00%0.00%--1232.75%344.67%754.24%2.12%8.70%17.61%32.29%25.05%

Earnings

Report DateMar 31, 2011Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Oct 23, 2014Feb 19, 2015Apr 30, 2015Aug 6, 2015Nov 5, 2015Feb 29, 2016May 5, 2016Aug 4, 2016Nov 3, 2016Feb 16, 2017May 4, 2017Aug 3, 2017Nov 6, 2017Feb 26, 2018May 3, 2018Aug 2, 2018Nov 1, 2018Feb 27, 2019May 2, 2019Aug 1, 2019Oct 31, 2019Feb 26, 2020Jun 25, 2020Aug 6, 2020Nov 5, 2020Mar 11, 2021May 13, 2021Aug 5, 2021Nov 11, 2021Feb 24, 2022May 5, 2022Aug 3, 2022Nov 3, 2022Feb 24, 2023May 1, 2023Jul 31, 2023Nov 1, 2023Feb 27, 2024May 7, 2024Aug 6, 2024Nov 5, 2024Feb 25, 2025May 6, 2025Aug 5, 2025Nov 4, 2025Mar 2, 2026May 5, 2026Aug 10, 2026Nov 3, 2026
EPS Estimate-0.000.000.000.000.000.000.65-2.80-1.80-2.81-2.40-3.10-1.49-1.55-1.64-1.25-1.72-1.59-0.57-0.77-0.360.36-0.02-0.430.20-0.320.37-1.71-4.500.00-2.511.220.831.452.031.261.891.411.461.960.830.840.910.630.681.350.970.770.921.270.580.901.310.96
EPS Actual-0.576.075.415.706.304.80-54.46-0.20-2.50-1.30-2.20-2.00-2.60-1.80-1.75-1.76-1.02-1.83-1.22-0.330.18-0.290.810.530.63-0.290.350.73-0.16-4.08-4.080.131.220.941.832.131.131.131.451.242.630.531.020.930.750.601.500.911.071.101.460.470.880.99-
Surprise--------130.77%10.71%27.78%21.71%16.67%16.13%-20.81%-12.90%-7.32%18.40%-6.40%23.27%42.11%123.38%19.44%125.00%2750.00%246.51%-245.00%209.38%97.30%90.64%9.33%-105.18%0.00%13.25%26.21%4.93%-10.32%-40.21%2.84%-15.07%34.18%-36.14%21.43%2.20%19.05%-11.76%11.11%-5.99%38.96%19.57%14.96%-19.55%-2.22%-24.43%-
Timing------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap4.66B
Enterprise Value5.97B
Trailing P/E0.00
Forward P/E11.92
PEG Ratio0.44
Price / Sales1.25
Price / Book1.36
EPS-1.26
Book Value38.30
Revenue (TTM)3.74B
Gross Profit (TTM)2.12B
EBITDA543.00M
Profit Margin-3.24%
Operating Margin46.80%
Return on Equity-3.55%
Return on Assets0.24%
Shares Outstanding88.82M
Shares Float83.23M
Beta0.90
Dividend Yield3.11%
Dividend Rate1.62
Payout Ratio42.63%

Analyst Ratings

Buy
Based on 12 analystsTarget 76.33
  • Strong Buy
    7
  • Buy
    3
  • Hold
    2

Ownership Breakdown

Institutions
105.76%
Insiders
4.93%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    12.37M13.93%
  • Canada Pension Plan Investment Board
    7.01M7.89%
  • Gimbel Daniel Scott
    6.24M7.03%
  • Vanguard Portfolio Management, LLC
    5.25M5.91%
  • Sourcerock Group LLC
    4.89M5.51%
  • Dimensional Fund Advisors, Inc.
    3.97M4.47%
  • State Street Corp
    3.96M4.46%
  • Vanguard Capital Management, LLC
    3.72M4.18%
  • American Century Companies Inc
    2.73M3.07%
  • Orbis Allan Gray Ltd
    2.18M2.45%
  • Victory Capital Management Inc.
    2.13M2.40%
  • Amvescap Plc.
    1.92M2.17%
  • Geode Capital Management, LLC
    1.91M2.15%
  • Citadel Advisors Llc
    1.87M2.10%
  • Fuller & Thaler Asset Management Inc
    1.73M1.95%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    4.76M5.36%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.69M3.03%
  • Vanguard Small Cap Index
    1.94M2.19%
  • iShares Russell 2000 ETF
    1.87M2.11%
  • Invesco Small Cap Value A
    1.67M1.88%

Dividends

20263×
0.41Sep 4, 20260.41May 29, 20260.41Mar 13, 2026
20254×
0.41Dec 1, 20250.39Aug 27, 20250.39May 30, 20250.39Mar 10, 2025
20244×
0.39Dec 2, 20240.39Aug 30, 20240.31May 31, 20240.31Mar 5, 2024
20234×
0.31Nov 30, 20230.28Aug 31, 20230.28May 31, 20230.28Mar 3, 2023
20224×
0.28Nov 30, 20220.17Aug 31, 20220.17May 31, 20220.17Mar 4, 2022
20211×
0.17Nov 30, 2021

Stock Splits

  • Jun 1, 20161:10