Will California Resources (CRC) Beat Estimates Again in Its Next Earnings Report?
California Resources Corporation (CRC) is predicted to beat its upcoming earnings estimates, extending its consistent streak of beating expectations. The company has a positive Zacks Earnings ESP of +9.28% and a Zacks Rank #3 (Hold), indicators that historically lead to earnings beats. CRC is expected to release its next earnings report on March 2, 2026.
Public Sector Pension Investment Board Buys 78,389 Shares of California Resources Corporation $CRC
The Public Sector Pension Investment Board increased its holdings in California Resources Corporation by 33.1% in Q3, purchasing an additional 78,389 shares to own a total of 315,529 shares valued at $16.78 million. Other institutional investors have also adjusted their positions in CRC. Analysts currently have a "Moderate Buy" consensus rating for California Resources, with an average target price of $63.90.
Improved Earnings Required Before California Resources Corporation (NYSE:CRC) Stock's 25% Jump Looks Justified
California Resources Corporation (NYSE:CRC) recently saw its stock jump 25% in a month, despite a 40% earnings decline over the last year. Analysts predict a continued earnings decrease of 9.6% annually for the next three years, contrasting with the broader market's expected 12% growth. This negative outlook contributes to the company's low P/E ratio of 12.4x and suggests that further share price appreciation may be difficult without significantly improved earnings.
California Resources (NYSE:CRC) Takes On Some Risk With Its Use Of Debt
California Resources Corporation (NYSE:CRC) has a notable debt on its balance sheet, totaling US$1.01 billion, which translates to a net debt of US$815.0 million after accounting for cash. While its net debt to EBITDA ratio of 0.70 and interest coverage of 8.1 times indicate a conservative gearing, a 26% decline in EBIT over the last year suggests potential risks if earnings continue to fall. The company generated strong free cash flow, equating to 61% of its EBIT, which aids in debt repayment.
California Resources Corporation (NYSE:CRC) Short Interest Up 25.5% in January
California Resources Corporation (NYSE:CRC) saw a significant increase in short interest in January, with shorted shares rising by 25.5% to over 4.3 million, representing 5.2% of the stock. Despite this, analysts have a "Moderate Buy" consensus rating with an average price target of $63.90, indicating positive sentiment. The company recently beat EPS estimates but experienced a sharp revenue decline, with its stock currently trading around $54.22.
137,103 Shares in California Resources Corporation $CRC Purchased by Great Lakes Advisors LLC
Great Lakes Advisors LLC established a new position in California Resources Corporation (NYSE:CRC) by purchasing 137,103 shares valued at approximately $7.29 million during the third quarter. This acquisition is part of a trend where several institutional investors, including Sourcerock Group LLC, Invesco Ltd., and American Century Companies Inc., significantly increased their holdings, bringing institutional ownership of CRC to about 97.79%. California Resources reported beating EPS estimates with $1.46 against $1.31 and increased its quarterly dividend to $0.405, maintaining a "Moderate Buy" consensus rating among analysts with a target price of $63.90.
UBS Remains a Buy on California Resources Corp (CRC)
UBS analyst Josh Silverstein maintained a Buy rating on California Resources Corp (CRC) with a price target of $63.00. The company reported a quarterly revenue of $878 million and a net profit of $64 million for the quarter ending September 30. Insider sentiment for CRC is positive, with an increase in insider buying over the past quarter.
UBS Remains a Buy on California Resources Corp (CRC)
UBS analyst Josh Silverstein maintained a Buy rating on California Resources Corp (CRC) with a $63.00 price target. The company's latest earnings report shows quarterly revenue of $878 million and a net profit of $64 million, down from the previous year. Insider sentiment for CRC is positive, with an increase in insider share purchases over the last quarter.
California Resources Corporation (NYSE:CRC) Given Consensus Recommendation of "Moderate Buy" by Brokerages
California Resources Corporation (NYSE:CRC) has received a "Moderate Buy" consensus recommendation from 14 brokerages, with an average 12-month price target of $64.00. The company recently reported strong quarterly earnings, beating EPS estimates, and increased its quarterly dividend. Institutional investors have been actively trading CRC shares, with 97.79% of the stock owned by institutions and hedge funds.
Analysts Offer Insights on Energy Companies: California Resources Corp (CRC) and Paladin Energy Ltd (OtherPALAF)
Two analysts have issued bullish sentiments on energy companies California Resources Corp (CRC) and Paladin Energy Ltd (PALAF). Betty Jiang from Barclays maintained a Buy rating on California Resources Corp with a $65.00 price target, while Rahul Anand from Morgan Stanley maintained a Buy rating on Paladin Energy Ltd with an A$14.45 price target. The article highlights analyst consensus ratings and price targets for both companies.
Analysts Offer Insights on Energy Companies: California Resources Corp (CRC) and Paladin Energy Ltd (OtherPALAF)
This article highlights bullish analyst sentiments for two energy companies: California Resources Corp (CRC) and Paladin Energy Ltd (PALAF). Barclays maintained a Buy rating for CRC with a $65 price target, aligning with a Strong Buy consensus, while Morgan Stanley also maintained a Buy rating for PALAF with an A$14.45 price target, despite a Moderate Buy consensus with a lower average target.
Wells Fargo Sticks to Its Buy Rating for California Resources Corp (CRC)
Wells Fargo maintained a Buy rating for California Resources Corp (CRC) with a $56.00 price target. This decision follows the company's latest earnings report, which showed a decrease in revenue and net profit compared to the previous year. Insider sentiment for CRC is positive, with an increase in share purchases by insiders over the past quarter.
Wells Fargo Sticks to Its Buy Rating for California Resources Corp (CRC)
Wells Fargo maintained its Buy rating on California Resources Corp (CRC) with a price target of $56.00, following a report by Sam Margolin. This comes despite a recent Hold rating reissue by TipRanks - xAI. Corporate insider sentiment for CRC is positive, with increased insider buying activity, including a recent purchase by director William B Roby.
Analysts Offer Insights on Energy Companies: California Resources Corp (CRC) and Chord Energy (CHRD)
Two energy companies, California Resources Corp (CRC) and Chord Energy (CHRD), recently received bullish assessments from analysts. Mizuho Securities reiterated a Buy rating for CRC with a $72.00 price target, while William Blair maintained a Buy rating for CHRD. Both companies show significant upside potential based on current analyst consensus.
California Resources Corporation Schedules Fourth Quarter and Full Year 2025 Earnings Conference Call
California Resources Corporation (NYSE: CRC) has announced that it will release its fourth quarter and full-year 2025 financial results on Monday, March 2nd, before market hours. The company will also host a conference call on the same day at 1:00 p.m. Eastern Time to discuss these results. Participants are encouraged to pre-register for the call to gain immediate access.
California Resources Corporation Schedules Fourth Quarter and Full Year 2025 Earnings Conference Call
California Resources Corporation (CRC) will release its fourth quarter and full year 2025 financial results on March 2nd, before market hours. A conference call to discuss these results will be held on the same day at 1:00 p.m. Eastern Time. Participants are encouraged to pre-register for the call.
March 2 call to detail California Resources' 2025 financial results
California Resources Corporation (NYSE: CRC) will release its fourth quarter and full-year 2025 financial results on Monday, March 2, 2026, before market open. The company will host a conference call on the same day at 1:00 p.m. ET (10:00 a.m. PT) to discuss the results, with a webcast and digital replay available for approximately 90 days. Investors are encouraged to pre-register for immediate access to the call.
California Resources Corporation & Los Angeles Rams score in carbon management initiative
California Resources Corporation (CRC) and the Los Angeles Rams celebrated the first year of their "Football Without the Footprint" partnership, an initiative aimed at reducing and offsetting the team's carbon emissions. CRC analyzed the Rams' energy use and travel to provide independently certified environmental products and carbon credits to offset their footprint, making the Rams the first NFL team in California to purchase locally sourced credits. Key accomplishments include reducing emissions from team travel, ensuring sustainable home operations with low-carbon natural gas, and providing high-integrity carbon offsets and supporting local ecosystems.
California Resources Corp (CRC) Receives a New Rating from a Top Analyst
RBC Capital analyst Scott Hanold has initiated coverage of California Resources Corp (CRC) with a "Buy" rating and a $70.00 price target. This aligns with a "Strong Buy" consensus among analysts, who project an average price target of $65.22. The company recently reported $878 million in quarterly revenue and $64 million in net profit, and insider sentiment for the stock is positive, with an increase in insider buying.
Here's What Wall Street Thinks About California Resources Corporation (CRC)
Wall Street analysts have reiterated Buy ratings for California Resources Corporation (CRC), with Jefferies lowering its price target to $68 and UBS to $64. The energy sector is anticipated to have a stronger 2026 due to improved natural gas and oil outlooks, M&A value creation, and capital expenditure efficiencies. CRC recently completed an all-stock merger with Berry Corporation, expanding its portfolio and expecting enhanced performance in 2026.
California Resources Corporation (NYSE:CRC) Given Average Recommendation of "Moderate Buy" by Brokerages
California Resources Corporation (NYSE:CRC) has received a consensus "Moderate Buy" rating from thirteen research firms, with an average 12-month price target of $64.36. The company recently reported Q3 EPS of $1.46, surpassing estimates, and increased its quarterly dividend to $0.405 per share. Institutional ownership of CRC stands at approximately 97.79%, indicating significant investor confidence.
Here’s What Wall Street Thinks About California Resources Corporation (CRC)
Analysts from Jefferies and UBS reiterated Buy ratings for California Resources Corporation (CRC), although they lowered price targets. The company recently completed an all-stock merger with Berry Corporation, which is expected to expand its portfolio and strengthen performance in 2026. Despite positive analyst outlooks, the article suggests that some AI stocks may offer potentially higher returns and lower risk.
California Resources (CRC) Completes Merger with Berry Corporation
California Resources Corporation (CRC) announced the completion of its all-stock merger with Berry Corporation, strengthening its oil and gas portfolio in California and adding strategic optionality in the Uinta basin. The deal, valued at approximately $253 million, is expected to generate $80–90 million in annual synergies within a year. Additionally, CRC is expanding its carbon management push by signing an MoU with Middle River Power for carbon transportation and sequestration services.
Why One Florida Fund Opened a $4 Million Bet on California Resources Despite a 15% Stock Slide
Kore Advisors, a Florida-based fund, initiated a $4 million stake in California Resources Corporation in the third quarter, acquiring 75,141 shares, despite the stock's 15% decline over the past year. This new position represents 4.6% of the fund's assets under management and highlights California Resources' focus on free cash flow, dividends, and debt reduction. The company reported strong operating cash flow and free cash flow in Q3, increasing its dividend and reducing near-term debt risk.
California Resources completes all-stock merger with Berry
California Resources Corp (CRC) announced the completion of its all-stock merger with Berry Corporation on December 18, 2025, making Berry a wholly owned subsidiary. The transaction involved issuing approximately 5.6 million CRC shares to Berry's former equity holders, valued at about $253 million. This merger expands CRC’s asset base and is expected to generate synergies, enhanced cash flow, and operating efficiencies, with CRC’s existing executive team leading the combined company.
Luminia and California Resources Corporation Finalize Plans to Use Solar Power for Kern County Oil Operations
Luminia, a renewable energy developer, and California Resources Corporation (CRC) have finalized plans for two large-scale solar projects totaling 30 megawatts (MW) in Kern County. These projects, located at CRC's Mt. Poso and Kern Front oil and gas fields, will generate renewable energy to reduce energy costs, lower carbon emissions, and offset daytime grid load. Dispatch Energy has acquired the projects and will be the long-term owner, builder, and operator of the systems, aiming to integrate renewable energy into the oil and gas sector and enhance California's clean energy efforts.
Luminia and California Resources Corporation Finalize Plans to Use Solar Power for Kern County Oil Operations
Luminia and California Resources Corporation (CRC) have finalized plans for two large-scale solar projects totaling 30 megawatts (MW) at CRC's Mt. Poso and Kern Front oil and gas fields in Kern County, California. These projects aim to reduce energy costs and lower carbon emissions for CRC's operations by generating renewable energy on-site. Dispatch Energy has acquired the projects and will be responsible for their long-term ownership, construction, and operation.
California Resources Corporation Closes Combination with Berry Corporation
California Resources Corporation (CRC) has completed its all-stock merger with Berry Corporation, enhancing CRC's California portfolio and boosting its operational strength for 2026. Berry's former equity holders received approximately 5.6 million shares of CRC common stock, valued at around $253 million. The combined company will be headquartered in Long Beach, California, and led by CRC's executive team.
California Resources Finalises Asset Transfer With Berry Corporation For $253mn
California Resources Corporation has finalized an all-stock asset transfer with Berry Corporation, valued at approximately $253 million. This transaction strengthens California Resources' oil portfolio in California, particularly in the San Joaquin Basin, and adds strategic exposure to the Uinta Basin. The combined entity will continue to be led by California Resources' existing executive team and headquartered in Long Beach, California.
California Resources completes all-stock merger with Berry
California Resources Corporation (CRC) has successfully completed its all-stock merger with Berry Corporation (BRY). The combined entity is now the largest oil and natural gas producer in California and is expected to drive significant free cash flow generation. The merger brings together complementary assets, enhancing operational scale, capital efficiency, and shareholder returns.
California energy firm absorbs Berry in $253M all-stock merger
California Resources Corporation (CRC) has completed its all-stock merger with Berry Corporation, valued at approximately $253 million, establishing a combined company headquartered in Long Beach. Berry equity holders received roughly 5.6 million CRC shares, and the acquisition integrates Berry's San Joaquin assets and Uinta basin optionality into CRC's portfolio. CRC anticipates providing full-year 2026 guidance with its year-end and Q4 2025 results.
California Resources Corp amends credit agreement dated April 26, 2023 - SEC filing
California Resources Corp (CRC) has amended its credit agreement, which was originally dated April 26, 2023, as detailed in an SEC filing. This news comes amidst other recent corporate activities for CRC, including the completion of its acquisition of Berry Corporation and new agreements for decarbonized power solutions. The company continues to provide financial updates and earnings reports.
Here’s What Analysts Thinks About California Resources Corporation (CRC)
Analysts have provided updated ratings for California Resources Corporation (NYSE: CRC). While UBS reiterated a Buy rating but lowered its price target from $68 to $64, and Wells Fargo also lowered its price target to $56 from $58, both firms maintain a Buy rating due to optimism regarding the energy sector's future and CRC's conservative valuation. Analysts foresee potential growth in resource delineation, a datacenter joint venture, and carbon capture projects for the company.
California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California
California Resources Corporation (CRC) and its Carbon TerraVault (CTV) business have signed a Memorandum of Understanding (MOU) with Middle River Power (MRP) to develop carbon capture and sequestration (CCS) solutions for MRP's power facilities in California. This agreement, CRC's first with a brownfield power facility in Northern California, aims to decarbonize two of MRP's plants, with CTV providing exclusive CO2 transportation and sequestration services. The collaboration seeks to support California's decarbonization goals and highlights the growing momentum for practical CCS solutions in the power sector.
California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California
California Resources Corporation (CRC) and Middle River Power (MRP) have signed a non-binding Memorandum of Understanding (MOU) to evaluate carbon capture, transport, and sequestration for two MRP power plants in California. This agreement positions CRC's Carbon TerraVault as the exclusive CO2 transport and sequestration provider for these facilities, which collectively emit up to 2.75 MMTPA of CO2. The collaboration aims to advance decarbonized power solutions, contingent on definitive agreements, financing, and regulatory approvals.
California Resources Corporation and Middle River Power to Advance Decarbonized Power Solutions in California
California Resources Corporation (CRC) and Middle River Power (MRP) have signed a non-binding Memorandum of Understanding to develop carbon capture and sequestration (CCS) solutions for two MRP power facilities in California. This collaboration aims to decarbonize existing generation infrastructure, with CRC's Carbon TerraVault serving as the exclusive CO2 transportation and sequestration services provider. The agreement highlights increasing momentum in the power sector for practical decarbonization solutions and supports California's climate goals.
Berry Corporation stockholders approve combination with California Resources
Berry Corporation stockholders have approved the company's merger with California Resources Corporation. The transaction, based on a fixed exchange ratio of 0.0718 shares of CRC common stock for each Berry share, saw approximately 73% of total shares outstanding and 98% of shares voted in favor. The closing of the transaction was expected on December 18.
California Resources Corporation Announces January Investor Conference Participation
California Resources Corporation (CRC) announced its executives will participate in two investor conferences in January 2026: the Goldman Sachs Energy, CleanTech & Utilities Conference and the UBS Winter Infrastructure & Energy Conference. Presentation materials will be available on the company’s investor relations website. CRC is an independent energy and carbon management company focused on energy transition and environmental stewardship.
Cubist Systematic Strategies LLC Boosts Stake in California Resources Corporation $CRC
Cubist Systematic Strategies LLC increased its stake in California Resources Corporation (NYSE:CRC) by 85.7% in Q2, bringing its total to 569,299 shares valued at approximately $26 million. Other institutional investors also adjusted their holdings in the oil and gas producer. The company recently reported better-than-expected EPS and raised its quarterly dividend, while analysts maintain a "Moderate Buy" rating with a target price of $64.36.
California Resources Reports Oil Fluid Spill in Monterey County
A subsidiary of California Resources Corporation, Aera Energy, experienced a 96-barrel oil and water fluid spill from a pipeline in Monterey County, California. The spill, which was contained immediately and did not affect waterways, occurred early Friday morning. This incident comes as California Governor Gavin Newsom aims to increase oil production in the state amidst rising gasoline prices, drawing criticism from environmental groups.
New York State Common Retirement Fund Grows Stake in California Resources Corporation $CRC
The New York State Common Retirement Fund increased its holding in California Resources Corporation by 18.5%, now owning 198,364 shares valued at approximately $9.06 million. California Resources surpassed EPS estimates with $1.46 for the quarter, despite a revenue decline, and has raised its quarterly dividend to $0.405. Analysts maintain a "Moderate Buy" rating with an average price target of $64.82 for the company.
The Bull Case For California Resources (CRC) Could Change Following New Focus On Carbon Capture Economics
California Resources (CRC) is shifting its focus towards carbon capture and power operations to diversify revenue beyond traditional oil production. New analyst coverage from Wells Fargo highlights the potential of these low-carbon ventures, which could reshape the company's investment narrative. While these projects offer significant upside, their success heavily depends on timely regulatory approvals in a heavily regulated state.
California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets
California Resources Corporation (CRC) has been awarded a 'Grade A' certification by MiQ for its Ventura County production assets, recognizing its leadership in methane emissions transparency. This marks CRC's second 'Grade A' certification, following one in 2024 for its Los Angeles Basin assets, making it the only oil and natural gas producer in California and the Rocky Mountain Region with MiQ certification. The certification reinforces CRC's commitment to lower emissions energy production and California's climate goals, with plans for further certification across its operations.
California Resources Corporation Supports Food Security Efforts Across California with $200,000 Donation
California Resources Corporation (NYSE: CRC) has announced a $200,000 donation to support community food security efforts across California. The funds will be distributed to local food banks and community organizations in areas where CRC operates, as well as to the statewide California Association of Food Banks. This initiative reflects CRC's ongoing commitment to community well-being, building on nearly $20 million in cumulative contributions since 2015.
California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets
California Resources Corporation (CRC) has been awarded a 'Grade A' certification by MiQ for its Ventura County operating assets, making it the only oil and natural gas producer in California and the Rocky Mountain Region to achieve this status. This certification independently verifies CRC's commitment to reducing methane emissions and aligns with California's climate goals. The company plans to continue certifying its production across California, reinforcing its leadership in emissions transparency.
California Resources Corporation Achieves MiQ ‘Grade A’ Certification for its Ventura Basin Assets
California Resources Corporation (NYSE: CRC) announced its Ventura Basin production assets have received MiQ ‘Grade A’ certification for methane emissions performance, following a similar certification for its Los Angeles Basin assets in 2024. This makes CRC the only oil and natural gas producer in California and the Rocky Mountain Region with MiQ certification, reflecting high scores in practices, monitoring technology, and methane intensity. The company plans to continue certifying its production across California as part of its commitment to lower emissions and California's climate goals.
California Resources Corporation and Capital Power to Explore Decarbonized Power Solutions in California
California Resources Corporation (CRC) and Capital Power (CPX) have signed a non-binding Memorandum of Understanding to explore carbon management services for CPX's La Paloma generation facility in California. CRC's Carbon TerraVault business intends to evaluate serving as the exclusive provider for the transportation and sequestration of up to 3 million metric tons of captured CO2 annually. This partnership aims to advance California's decarbonization goals and accelerate low-carbon power generation by leveraging CRC's storage infrastructure and Capital Power's generation capabilities.
How Investors Are Reacting To California Resources (CRC) Breaking Ground on Carbon Capture Venture - simplywall.st
California Resources Corporation (CRC) has broken ground on Carbon TerraVault I, California's first commercial carbon capture and storage project, aiming to store 1.6 million metric tons of CO₂ per year. This development is seen as a pivotal moment for CRC's carbon capture ambitions, although investors are also focused on ongoing regulatory clarity for its core oil operations and the implications of a recent $400 million senior notes offering. The company faces investor uncertainty stemming from regulatory permitting issues and projected declines in revenue and earnings, despite a fair value estimate suggesting significant upside.
Brokerages Set California Resources Corporation (NYSE:CRC) Price Target at $66.83 - Defense World
Several brokerage firms have updated their price targets and ratings for California Resources Corporation (NYSE:CRC), leading to an average price objective of $66.83. Institutional investors have also adjusted their holdings in CRC, with hedge funds and other large investors collectively owning 97.79% of the company's stock. The company recently declared a quarterly dividend of $0.3875 per share, representing an annualized dividend of $1.55 and a yield of 3.3%.
California Resources (CRC): A Fresh Look at Valuation After Launching California’s First Carbon Capture Project - simplywall.st
California Resources (CRC) recently launched its first carbon capture project, Carbon TerraVault I, a strategic move that has yet to ignite a stock uptrend despite its long-term potential. While the stock has seen muted short-term price momentum and a 1-year total shareholder return of -4.7%, a widely followed narrative suggests CRC is 28% undervalued with a fair value of $65.64, driven by expectations of regulatory reforms and new revenue streams from carbon management. Investors are questioning if the current stock price reflects future upside or if market skepticism is causing a discount.
