California Resources Corporation Schedules First Quarter 2026 Earnings Conference Call
California Resources Corporation (CRC) is scheduled to release its first quarter 2026 financial results on Tuesday, May 5th, after market close. The company will host a conference call on Wednesday, May 6th, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time) to discuss these results. Participants can pre-register for the call or access the webcast on CRC's investor relations website.
California Resources will post Q1 results May 5, then host call May 6
California Resources Corporation (CRC) will release its first-quarter 2026 financial results on Tuesday, May 5, 2026, after market close. The company will then host a conference call on Wednesday, May 6, 2026, at 1:00 p.m. ET (10:00 a.m. PT) to discuss these results. Investors can pre-register, dial in, or listen via webcast on CRC's website, with a digital replay archived for 90 days.
Unison Advisors LLC Buys Shares of 15,307 California Resources Corporation $CRC
Unison Advisors LLC initiated a new position in California Resources Corporation (NYSE:CRC) by purchasing 15,307 shares valued at $684,000 in Q4, adding to the 97.79% institutional ownership of the stock. Despite this, insiders have significantly sold off shares, reducing their ownership to just 0.03%. Analysts maintain a "Buy" rating with an average $70.50 price target, alongside the company's Q4 earnings report which slightly missed estimates but showed increased revenue and declared a $0.405 quarterly dividend.
Harbor Capital Advisors Inc. Purchases 19,955 Shares of California Resources Corporation $CRC
Harbor Capital Advisors Inc. significantly increased its stake in California Resources Corporation (NYSE:CRC) by 394.2% in Q4, adding 19,955 shares to own a total of 25,017 shares valued at $1.12 million. Despite the company missing Q4 EPS estimates at $0.47, its revenue beat expectations at $924 million, and it pays a quarterly dividend of $0.405. Analysts maintain a "Buy" rating with an average target price of $70.50, even as insiders have sold a notable amount of shares recently.
Allspring Global Investments Holdings LLC Purchases 225,210 Shares of California Resources Corporation $CRC
Allspring Global Investments Holdings LLC significantly increased its stake in California Resources Corporation (NYSE:CRC) by 2,349.1% in the fourth quarter, acquiring an additional 225,210 shares to hold a total of 234,797 shares valued at approximately $10.89 million. Analysts maintain a "Buy" consensus rating on CRC with an average price target of $70.50, following several recent upgrades and raised price targets from various firms. Despite missing Q earnings estimates with $0.47 per share, the company exceeded revenue expectations at $924 million and declared a quarterly dividend of $0.405, yielding 2.4%.
Citi Keeps Their Hold Rating on California Resources Corp (CRC)
Citi analyst Scott Gruber maintained a Hold rating on California Resources Corp (CRC) with a price target of $74.00, following the company's shares closing at $68.87 last Friday. The company reported quarterly revenue of $871 million and a net profit of $12 million. Insider sentiment is negative, with an increase in insider selling during the last quarter, including a significant sale by Christopher D. Gould.
California Resources Hits New 52-Week High
California Resources Corporation (NYSE: CRC) has reached a new 52-week high, with shares trading as high as $69.93. This surge is attributed to strong financial performance, with revenue and earnings exceeding analyst expectations, and positive reports from brokerages like UBS Group and Zacks Research. The company's robust stock performance highlights investor confidence in its role within California's energy sector.
Is California Resources (CRC) Showing Stronger Performance Than Other Oil-Energy Stocks This Year?
California Resources Corporation (CRC) has demonstrated stronger performance than other oil-energy stocks and its industry peers this year, with a 54% return compared to the sector's 34.3% average gain. The company holds a Zacks Rank of #1 (Strong Buy) and has seen a significant increase in analyst consensus estimates for its annual earnings. Chevron (CVX), another strong performer, also outpaced the sector but slightly trails CRC in year-to-date returns within their respective specialized industries.
Short Interest in California Resources Corporation (NYSE:CRC) Increases By 68.9%
Short interest in California Resources Corporation (NYSE:CRC) surged by 68.9% in March, reaching 7,243,668 shares, which represents 8.2% of its float and indicates a 5.9-day short-interest ratio. This increase comes alongside significant insider selling totaling approximately $4.64 million over the past three months. Despite this, analysts maintain a "Moderate Buy" rating with a consensus target price of $69.80, while the company trades near its 1-year high and offers a 2.4% dividend yield.
DAVENPORT & Co LLC Sells 45,454 Shares of California Resources Corporation $CRC
DAVENPORT & Co LLC reduced its stake in California Resources Corporation (CRC) by 5.7%, selling 45,454 shares, while other institutional investors like Clearstead Advisors LLC and Allworth Financial LP increased their holdings. Despite some insider selling and a slight earnings per share miss, the company holds a "Moderate Buy" rating from analysts with an average target price of $69.80, and it recently declared a quarterly dividend.
California Resources Stock Faces Headwinds Amid Oil Price Volatility and Strategic Shifts in 2026
California Resources Corporation (ISIN: US13057Q2066) is navigating a complex landscape in 2026, dealing with softened crude oil prices, heightened regulatory scrutiny in California, and strategic shifts towards carbon capture. The company aims for operational resilience through capital discipline and efficient production in its mature fields, while its leadership in CCUS positions it at the forefront of energy transition. Investors are looking at the stock as a potential entry point given its operational resilience and low-carbon pivot, despite regulatory and commodity price volatility risks.
California Resources Stock Faces Headwinds Amid Oil Price Volatility and Strategic Shifts in 2026
California Resources (ISIN: US13057Q2066) is navigating challenges in early 2026 due to softening crude oil prices and amplified regulatory scrutiny in California. The company is focusing on operational resilience through enhanced oil recovery and capital discipline, while also pivoting towards carbon capture, utilization, and storage (CCUS) projects, which are supported by federal tax credits. While regulatory uncertainty and commodity price swings pose risks, CRC's financial health, regional market niche, and CCUS leadership present a unique investment opportunity for US portfolios seeking energy sector diversification and ESG alignment.
California Resources Announces Upsized Senior Notes Refinancing Transaction
California Resources Corporation (CRC) has announced the completion of an upsized private offering of an additional $350 million in senior unsecured notes due 2034, which will form a single series with existing notes. The company plans to use the net proceeds to redeem higher-coupon notes due 2029, aiming to extend its debt maturity profile and reduce interest burden. Analysts currently rate CRC stock as a Buy with an $86.00 price target, citing improved financial resilience and strong cash generation.
$350M CRC (NYSE: CRC) 7% notes extend debt from 2029 to 2034
California Resources Corporation has completed a private offering of an additional $350 million of 7.000% senior unsecured notes due 2034. The company will use these proceeds, along with cash on hand or revolving credit facility borrowings, to redeem $350 million of its 8.250% senior unsecured notes due 2029. This refinancing effectively extends the maturity of a portion of its debt from 2029 to 2034 at a lower interest rate.
California Resources Boosted By Rising Brent-WTI Spread (NYSE:CRC)
California Resources (CRC) is benefiting from a change in state law that allowed it to obtain new drilling permits and expand operations in Kern County. The company's pricing is tied to the higher Brent crude price, giving it an advantage over West Texas Intermediate. Projected free cash flow for the year is expected to support substantial share buybacks, contributing to a 33% year-to-date increase in the State Street Energy Select Sector SPDR ETF (XLE).
California Resources (CRC) VP reports 21,652-share initial stake
Michael S. Helm, VP Finance & Controller of California Resources Corp (CRC), has filed an initial ownership report revealing a 21,652-share stake in the company. This holding includes common stock and restricted stock units (RSUs) that will vest in several tranches between 2027 and 2029. The filing details the vesting schedule of the RSUs, which convert into common stock upon fulfillment of their conditions.
Wells Fargo Sticks to Its Buy Rating for California Resources Corp (CRC)
Wells Fargo analyst Sam Margolin maintained a Buy rating for California Resources Corp (CRC) with a price target of $76.00. This follows a Buy rating from Bank of America Securities, although Citi maintained a Hold rating. The company reported a quarterly revenue of $871 million and a net profit of $12 million, and corporate insider sentiment for the stock is currently negative due to increased selling activity.
RBC Capital Sticks to Its Buy Rating for California Resources Corp (CRC)
RBC Capital analyst Scott Hanold has maintained a Buy rating on California Resources Corp (CRC) with a price target of $70.00, following the company's recent financial results. While TipRanks - Google's Oil and Gas also issued a Buy, TipRanks - Anthropic reiterated a Hold rating. Despite a negative corporate insider sentiment with increased selling activity, including a recent large sale by an EVP, several other firms have also raised their price targets for CRC.
Canada Pension Plan unit trims 3.5M California Resources (NYSE: CRC) shares
A unit of the Canada Pension Plan Investment Board sold 3.5 million shares of California Resources (NYSE: CRC) at $61.10 per share on March 12, 2026. This open-market sale, valued at $213.85 million, was reported via a Form 4 SEC filing. Despite the sale, entities affiliated with the CPP Investment Board still indirectly hold a significant 7,006,895 shares of California Resources common stock.
Wells Fargo Sticks to Its Buy Rating for California Resources Corp (CRC)
Wells Fargo analyst Sam Margolin maintained a Buy rating on California Resources Corp (CRC) with a price target of $76.00, citing his 13.5% average return and 71.32% success rate in the Energy sector. This positive outlook is supported by a similar Buy rating from Bank of America Securities, although Citi maintained a Hold rating. Despite a recent decline in revenue and net profit for CRC and negative insider sentiment with increased insider selling, analysts continue to see potential in the stock.
California Resources Corporation (CRC) Q4 earnings lag estimates
This article states that California Resources Corporation (CRC) reported fourth-quarter earnings that did not meet analyst estimates. The full article content was not provided for a comprehensive summary.
Citi Keeps Their Hold Rating on California Resources Corp (CRC)
Citi has maintained a Hold rating on California Resources Corp (CRC) with a price target of $51.00, despite the company's shares closing higher at $62.98. This rating comes from analyst Scott Gruber, who has a strong track record in the Energy sector. Meanwhile, Bank of America Securities recently issued a Buy rating for CRC, while corporate insider sentiment for the stock appears negative due to increased selling activity.
California Resources (NYSE: CRC) appoints new principal accounting officer
California Resources Corporation (NYSE: CRC) has appointed Michael Helm as Vice President – Finance and Controller, and its new principal accounting officer, effective March 16, 2026. Helm previously held senior accounting and financial roles at Berry Corporation and CRC. This appointment coincides with the retirement of the current Senior Vice President and Controller, Noelle Repetti, whose departure is not due to any dispute with the company.
CPPIB trims California Resources (NYSE: CRC) holdings to a 7.9% stake
Canada Pension Plan Investment Board (CPPIB) has reduced its stake in California Resources Corporation (NYSE: CRC) to 7.9% after selling 3.5 million shares in a block trade for $61.10 per share on March 12, 2026. This information was disclosed in an amended form Schedule 13D/A filing with the SEC. Despite the sale, CPPIB remains a significant shareholder in California Resources.
Lombard Odier Asset Management USA Corp Makes New $1.81 Million Investment in California Resources Corporation $CRC
Lombard Odier Asset Management USA Corp has made a new $1.81 million investment in California Resources Corporation, purchasing 34,000 shares. This adds to the significant institutional ownership of the stock, now at approximately 97.79%. Analysts have set a "Moderate Buy" consensus rating with a target price of $67.40, following recent price target increases from UBS and Barclays, despite a Q4 EPS miss.
[144] California Resources Corp SEC Filing
This article details a Form 144 SEC filing by California Resources Corp (CRC) concerning a proposed sale of 3,500,000 shares of common stock with an aggregate market value of $213,850,000. The securities were acquired on July 1, 2024, through a merger, and the sale is being handled by J.P. Morgan Securities LLC. The filing also provides context on recent company news and other SEC filings.
California Resources (NYSE: CRC) prices $350M upsized 7.000% 2034 notes
California Resources Corporation (NYSE: CRC) has priced an upsized private offering of $350 million aggregate principal amount of 7.000% senior unsecured notes due 2034. The company plans to use the net proceeds, along with cash on hand or borrowings under its revolving credit facility, to redeem $350 million of its 8.250% senior unsecured notes due 2029. This refinancing strategy aims to shift debt from a higher-coupon, shorter-dated instrument to a longer-dated instrument with a lower interest rate.
CRC Stock Price, Quote & Chart | CALIFORNIA RESOURCES CORP (NYSE:CRC)
This article provides a detailed overview of California Resources Corp (NYSE:CRC) stock, including its current price, performance statistics, key financials, and analyst forecasts. It covers technical and fundamental ratings, earnings history, and company information, noting CRC's focus on oil and gas exploration and carbon management.
Fieldview Capital Management LLC Trims Stock Holdings in California Resources Corporation $CRC
Fieldview Capital Management LLC significantly reduced its stake in California Resources Corporation by 72% in the third quarter, selling 34,800 shares. Despite this, other major institutional investors like Dimensional Fund Advisors, American Century Companies, Sourcerock Group, Grantham Mayo Van Otterloo & Co., and Invesco Ltd. increased their positions, with hedge funds and institutions holding nearly 97.79% of the stock. The company also announced a quarterly dividend of $0.405, reported Q3 earnings per share of $0.47 (missing estimates), and revenue of $924 million (beating estimates).
California Resources (NYSE: CRC) COO sells 23,000 common shares
Omar Hayat, EVP & Chief Operating Officer of California Resources Corp (NYSE: CRC), sold 23,000 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $65.8686, with individual trades ranging from $65.345 to $65.965. Following this sale, Mr. Hayat directly retains ownership of 82,236 shares of California Resources common stock.
California Resources Corporation Announces Pricing of Upsized Private Offering of $350 Million of Additional 7.000% Senior Unsecured Notes due 2034
California Resources Corporation announced the pricing of an upsized private offering of $350 million in 7.000% senior unsecured notes due 2034. The company plans to use the net proceeds, along with cash on hand or borrowings, to redeem $350 million of its 8.250% senior unsecured notes due 2029. The offering is expected to close on March 23, 2026.
California Resources Corporation Announces $250 Million Private Offering of Additional 7.000% Senior Unsecured Notes Due 2034 to Redeem 2029 Notes
California Resources Corporation (CRC) has announced a private offering of an additional $250 million in 7.000% senior unsecured notes due 2034. The company plans to use the net proceeds, along with cash on hand or revolving credit facility borrowings, to redeem $250 million of its existing 8.250% senior unsecured notes due 2029. This strategic move aims to refinance higher-cost debt, demonstrating CRC's proactive approach to balance sheet management and its commitment to improving profitability and cash flow.
California Resources Corporation (CRC) Announces Mixed Results for Q4 2025
California Resources Corporation (CRC) reported mixed results for Q4 2025, with adjusted earnings missing estimates but revenue exceeding expectations by over $134 million. The company achieved its highest annual free cash flow since 2021, driven by strong performance and cost reductions, leading to an increased share repurchase program. CRC targets a 12% YoY growth in net production for FY 2026.
California Resources Corporation (CRC) Announces Mixed Results for Q4 2025
California Resources Corporation (CRC) reported mixed results for Q4 2025, with adjusted earnings missing estimates but revenue exceeding expectations with a 5% year-over-year increase to $924 million. The company achieved its highest annual free cash flow since 2021 at $543 million, driven by strong performance and cost reductions, and increased its share repurchase program. For FY 2026, CRC aims for a 12% increase in net production, targeting 155,000 barrels of oil equivalent per day.
California Resources Corporation (CRC) Announces Mixed Results for Q4 2025
California Resources Corporation (NYSE:CRC) reported mixed results for Q4 2025, with adjusted earnings missing estimates but revenue exceeding expectations. The company achieved a net production of 138,000 boed for the full year 2025 and generated $543 million in free cash flow, its highest since 2021. CRC plans to increase its net production to 155,000 boed in FY 2026 and expects approximately $1 billion in adjusted EBITDAX at $65 Brent.
Dimensional Fund Advisors LP Grows Stake in California Resources Corporation $CRC
Dimensional Fund Advisors LP significantly increased its stake in California Resources Corporation by 15.4% in the third quarter, now owning 4.24% of the company's stock valued at over $188 million. Other institutional investors also adjusted their holdings, and insider activity included a notable sale by a VP. The company recently released its Q3 earnings, announced a quarterly dividend, and received mixed analyst ratings with an average target price of $66.90.
Victory Capital Management Inc. Lowers Stock Position in California Resources Corporation $CRC
Victory Capital Management Inc. reduced its stake in California Resources Corporation by 16.3% in Q3, selling over 152,000 shares and retaining 779,627 shares valued at approximately $41.46 million. Despite missing EPS estimates, California Resources reported strong revenue and declared a quarterly dividend of $0.405. The stock currently holds a "Moderate Buy" rating with an average target price of $66.90 from analysts.
Analysts’ Opinions Are Mixed on These Energy Stocks: California Resources Corp (CRC) and Innovex International (INVX)
This article analyzes analyst ratings for two energy companies: California Resources Corp (CRC) and Innovex International (INVX). California Resources Corp received a "Strong Buy" consensus with a price target indicating a 5.5% upside. In contrast, Innovex International has a "Moderate Buy" consensus but a price target suggesting a 3.2% downside from current levels.
California Resources (NYSE: CRC) CEO receives 43,833 RSUs
California Resources Corp's President and CEO, Leon Francisco, was granted 43,833 restricted stock units (RSUs), as reported in a Form 4 SEC filing. These RSUs represent a contingent right to receive one share of common stock each and will vest in three equal annual installments on March 2 of 2027, 2028, and 2029. Following this grant, Francisco's direct holdings in the company now total 336,948 shares of common stock.
California Resources Corp. Hits New 52-Week High at $62.48
California Resources Corp. has reached a new 52-week high of $62.48, demonstrating strong performance in the oil industry. The company boasts a market capitalization of $5,441 million, a P/E ratio of 12.00, and an impressive dividend yield of 51.10%. Its financial health is further supported by a low debt-to-equity ratio of 0.24 and a 29.8% 1-year performance, significantly outperforming the S&P 500.
California Resources Corporation (NYSE:CRC) Q4 2025 Earnings Call Transcript
California Resources Corporation (CRC) announced its Q4 2025 earnings, reporting $0.47 EPS against expectations of $0.49, despite growing production for the third consecutive year and delivering record financial performance. The company highlighted its strong conventional reservoir base with over 20 years of inventory, improved regulatory progress in drilling permits, and its integrated strategy involving oil and gas development, carbon management (Carbon TerraVault), and power platforms. CRC confirmed construction completion for its first commercial-scale CCS project at Elk Hills and reiterated its commitment to shareholder returns, balancing investments in high-return opportunities with maintaining financial strength.
Quantbot Technologies LP Purchases New Shares in California Resources Corporation $CRC
Quantbot Technologies LP has acquired a new position in California Resources Corporation (NYSE:CRC), purchasing 61,690 shares valued at approximately $3.28 million. This move positions Quantbot Technologies LP with roughly 0.07% ownership of the oil and gas producer. The article also highlights California Resources' recent financial results, including strong Q4 revenue, high annual free cash flow, a 12% production growth target for 2026, and expansion into carbon-capture projects, despite a slight miss on Q4 EPS.
California Resources Corporation Reports Fourth Quarter and Full-Year 2025 Financial and Operating Results; Announces 2026 Guidance
California Resources Corporation (CRC) announced its Q4 and full-year 2025 financial results, highlighting a 25% year-over-year production growth and the highest annual free cash flow since 2021. The company closed an all-stock combination with Berry Corporation, increased its annual dividend, and received new drilling permits supporting its 2026 operational plans. CRC also provided its 2026 guidance, projecting approximately 12% year-over-year production growth and significant capital investments.
California Resources Corporation (CRC) Fourth Quarter Earnings Fall Short of Projections
California Resources Corporation (CRC) reported fourth-quarter earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.49 per share. Despite the earnings miss, the company's revenue of $924 million for the quarter ending December 2025 surpassed estimates. CRC shares have climbed approximately 31.6% year-to-date, outperforming the S&P 500, but its Zacks Rank #3 (Hold) suggests it will perform in line with the market.
California Resources Corp (NYSE:CRC) Reports Q4 2025 Revenue Beat and Provides 2026 Outlook
California Resources Corp (NYSE:CRC) reported strong Q4 2025 revenue of $924 million, beating analyst estimates, but adjusted EPS of $0.47 fell slightly below expectations. The company's stock rose in pre-market trading, driven by the revenue beat and positive 2026 guidance, including a projected 12% production growth and an adjusted EBITDAX forecast of $970 to $1,070 million. CRC also highlighted significant achievements in 2025, such as increased production, generation of $543 million in free cash flow, and the near completion of its first carbon capture and storage project.
Growth and cash returns at California Resources (NYSE: CRC) in 2025
California Resources Corporation announced strong financial results for 2025, with significant increases in operating revenues, adjusted EBITDAX, and free cash flow. The company reported a 25% year-over-year production growth and increased its proved reserves, while also returning $513 million to shareholders through share repurchases and dividends. CRC provided an optimistic outlook for 2026, forecasting continued production growth, capital investments, and the realization of merger synergies, alongside progress on its carbon capture and storage projects.
California Resources (CRC) Earnings Transcript
California Resources Corporation (CRC) reported record operational and financial metrics for 2025, driven by the Berry merger, achieving high EBITDAX and free cash flow. The company completed construction of California's first commercial-scale CCS project at Elk Hills and anticipates a 12% production increase in 2026, with a focus on high-return reinvestment and continued shareholder returns. Management highlighted durable inventory, improved regulatory processes, and significant cost reductions, positioning CRC for resilient long-term value creation.
California Resources (NYSE:CRC) Takes On Some Risk With Its Use Of Debt
California Resources Corporation (NYSE:CRC) has been assessed for its debt levels, noting a net debt of US$815.0m as of September 2025. While the company's debt-to-EBITDA ratio is conservative at 0.70x and interest coverage is solid at 8.1 times, a 26% decline in EBIT over the last year introduces an element of risk. The article concludes that despite some positive indicators, the overall debt situation makes California Resources a somewhat risky investment, although its free cash flow stands at 61% of EBIT, aiding debt repayment.
California Resources (NYSE: CRC) EVP surrenders RSUs to cover tax withholding
California Resources Corp EVP & Chief Sustainability Officer Christopher D. Gould reported a Form 4 transaction, surrendering 3,147 shares on February 25, 2026, at an indicated price of $58.12 per share. This disposition was solely to cover tax withholding obligations on restricted stock units that vested on that day, not an open-market sale. Following this transaction, Gould directly holds 138,422 shares of California Resources Corp common stock.
California Resources (CRC) EVP uses RSUs to cover tax bill
Michael L. Preston, EVP, Chief Strategy Officer, and General Counsel of California Resources Corp (CRC), disposed of 4,074 common shares valued at $58.12 each to cover tax withholding obligations on restricted stock units (RSUs) that vested on February 25, 2026. This transaction is categorized as “F” on a Form 4 SEC filing, indicating shares were used to pay a tax liability rather than an open market sale. Following this transaction, Preston directly holds 111,457 shares of California Resources Corp.
