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California Resources Corp (CRC)

US · Energy · Oil & Gas E&P

$54.42-0.09%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.30B
Revenue YoY
+58.0%
Net profit
$514.0M
Profit YoY
+198.8%
EPS
$0.99
EPS estimate
$1.31
Net margin
39.6%

EPS came in at 0.99 against a street estimate of 1.31 — a miss of 24.4%.

Key statistics

Market cap
$5.04B
Forward P/E
24.7
P/B
1.47
Book value
$38.30
EPS (TTM)
$-1.26
Dividend yield
2.85%
52-week high
$70.96
52-week low
$42.35
50-day MA
$52.80
200-day MA
$55.77
Beta
0.90

Analyst view

Analysts rate California Resources Corp a buy (10 buy, 2 hold, 0 sell out of 12) with an average price target of $76.00.

Shareholding

Insiders
4.93%
Institutions
105.70%

Largest institutional holders

FundStake
BlackRock Inc13.93%
Canada Pension Plan Investment Board7.89%
Gimbel Daniel Scott7.03%
Vanguard Portfolio Management, LLC5.91%
Sourcerock Group LLC5.51%
Dimensional Fund Advisors, Inc.4.47%
State Street Corp4.46%
Vanguard Capital Management, LLC4.18%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
CALIFORNIA RESOURCES CORPORATION – FORM 10-Q SUMMARY For Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Total Assets: $7,103 million (June 30,
2026-08-10
Results announced · Q3 2026
CALIFORNIA RESOURCES CORPORATION – Q2 2026 SUMMARY HEADLINE NUMBERS • Net production: 149 MBoe/d (81% oil), down from 154 MBoe/d in Q1 2026 • Net in
2026-08-10
Results announced · Q3 2026
CALIFORNIA RESOURCES CORPORATION (CRC) - FORM 8-K SUMMARY HEADLINE NUMBERS • Q2 2026 Oil Realized Price (without derivatives): $91.64 per barrel • Q
2026-07-14
Material agreement · Q2 2026
CALIFORNIA RESOURCES CORPORATION (CRC) – FORM 8-K SUMMARY HEADLINE NUMBERS • Company completed a $550 million private offering of 7.250% senior unse
2026-06-26
Company announcement · Q2 2026
CALIFORNIA RESOURCES CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • Company issued $550 million in aggregate principal amount of senior notes • I
2026-06-16
Quarterly report · Q1 2026
CALIFORNIA RESOURCES CORPORATION - Q1 2026 SUMMARY HEADLINE NUMBERS • Net loss of $711 million for Q1 2026 vs. net income of $115 million for Q1 202
2026-05-06
Proxy statement · Q2 2026
CALIFORNIA RESOURCES CORPORATION (CRC) 2026 PROXY SUMMARY CEO COMPENSATION • Francisco J. Leon (President & CEO) total compensation: Not fully detai
2026-03-18
Annual report FY2025
CALIFORNIA RESOURCES CORPORATION - 2025 ANNUAL REPORT SUMMARY HEADLINE NUMBERS • Proved Reserves: 654 MMBoe total (541 MMBbl crude oil & condensate,
2026-03-02

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Corporate actions

ActionDetailDate
Dividend$0.41 / share
ex-date Sep 4, 2026 · pay Sep 18, 2026
2026-09-04
Dividend$0.41 / share
ex-date May 29, 2026 · pay Jun 18, 2026
2026-05-29
Dividend$0.41 / share
ex-date Mar 13, 2026 · pay Mar 20, 2026
2026-03-13
Dividend$0.41 / share
ex-date Dec 1, 2025 · pay Dec 15, 2025
2025-12-01
Dividend$0.39 / share
ex-date Aug 27, 2025 · pay Sep 12, 2025
2025-08-27

Deals & corporate news

AnnouncementDate
Completed all-stock merger acquisition of Berry Corporation
California Resources Corporation (CRC) completed its all-stock merger with Berry Corporation on December 18, 2025. Under the merger agreement dated September 14, 2025, each Berry share conve
2025-12-18
HSR waiting period expired for merger with Berry Corporation
California Resources Corporation (CRC) announced that the Hart-Scott-Rodino (HSR) antitrust waiting period for its merger with Berry Corporation expired on November 10, 2025. This means CRC
2025-11-12
Company to merge with Berry in stock-and-cash transaction
This 8-K filing announces procedural details related to an upcoming merger between the company (CRC) and Berry Corporation. The document is primarily administrative, outlining how shareholde
2025-10-08
Commenced $400M senior unsecured notes offering for Berry Merger
California Resources Corporation announced on September 24, 2025, that it is launching a private offering of $400 million in senior unsecured notes due in 2034. This is a debt financing tran
2025-09-24
Merger transaction between two companies announced
This SEC 8-K filing from California Resources Corporation (CRC) dated September 24, 2025 is primarily a procedural document containing boilerplate regulatory language and references to discl
2025-09-24

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Data updated 2026-09-18.