California Resources is a oil and gas company located in California, United States, which is part of the Energy sector, and is traded under the ticker CRC on the NYSE exchange.
California Resources stock last closed at $39.35, up 3.77% from the previous day, and has decreased 11.15% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.08 percentage points. California Resources stock is currently +15.67% from its 52-week low of $34.02, and -23.53% from its 52-week high of $51.46.
There are currently 70.55M shares of CRC outstanding. The market value of CRC is $2.78B. In the last 24 hours, 1.13M CRC shares were traded.
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Now that you've picked your brokerage, you need to fill out some personal information so you can invest in CRC stock today.
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Once you have selected the best place to buy California Resources stock, it's critical to analyze their stock before you invest, so you actually wrap your head around the risk and upside.
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on CRC's stock page.
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CRC's fair value.
Using relative valuations methods:
You can do additional valuation analysis on CRC's stock here.
Out of 5 Equities analysts who track CRC, the consensus analyst rating on California Resources is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Nitin Kumar, a top 3% analyst from Mizuho maintains CRC with a strong buy rating and lowers their CRC price target from $54.00 to $52.00, on May 19, 2023.
Derrick Whitfield, a top 27% analyst from Stifel Nicolaus maintains CRC with a strong buy rating and lowers their CRC price target from $64.00 to $52.00, on Mar 30, 2023.
Kalei Akamine, a bottom 37% analyst from Bank of America upgrades CRC to a strong buy rating and raises their CRC price target from $51.00 to $60.00, on Feb 27, 2023.
Scott Gruber, a top 22% analyst from Citigroup maintains CRC with a strong buy rating and lowers their CRC price target from $62.00 to $57.00, on Feb 15, 2023.
Scott Hanold, a top 5% analyst from RBC Capital maintains CRC with a buy rating and lowers their CRC price target from $68.00 to $65.00, on Jan 31, 2023.
You can dig deeper into what analysts are projecting on the California Resources stock forecast page.
Last year, CRC earnings were $1.00B. During the past four year, CRC's earnings have increased by 25.96% per year. This was slower than the Oil & Gas E&P industry average of 63.28%.
Last year, CRC revenue was $3.58B. Over the past four year, CRC's revenue has grown by 3.28% per year. This was slower than the Oil & Gas E&P industry average of 34.81%.
Dig into CRC's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at CRC have sold more shares than they have bought.
Mark Allen McFarland, Director of CRC, was the latest CRC insider to sell. They sold $586,075.50 worth of CRC shares on Apr 28, 2023.
Research more about who owns CRC stock here.
No, California Resources doesn't provide an income stream by paying out dividends.
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Now that you own some shares in CRC, you'll want to keep up with your company.
Create a watchlist to monitor your CRC stock.
To summarize, here are the 6 steps for buying California Resources stock:
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