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California Resources Corporation (CRC)

Energy | Oil & Gas E&P | Long Beach, United States | NYSE
63.40 USD +1.22 (1.962%) ⇧ (April 21, 2026, 11:15 a.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★★☆☆
Hot Take | April 18, 2026, 11:41 p.m. EDT

California Resources presents a 'buy the dip' opportunity with strong fundamentals but headwind originating from recent earnings. With a 52-week low at $33.85 and current trading near the $65 psychological support, the stock is undervalued relative to its forward PE of 13x, a 2.4% dividend yield, and a yield-to-target of roughly 30% based on the $81.50 analyst consensus. The short-term chart is technically neutral, oscillating between $63-$69, but the options flow suggests smart money is viewing this as a bullish setup, positioning long-term calls while using deep OTM puts for insurance.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.192673
AutoETS0.192767
MSTL0.193034
AutoTheta0.194976

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 45%
H-stat 7.91
Ljung-Box p 0.000
Jarque-Bera p 0.225
Excess Kurtosis -0.96
Attribute Value
Sector Energy
Ex Dividend Date 2026-03-12
Last Dividend Date 2026-03-12
Debt to Equity Ratio 37.044
Revenue per Share 39.115
Market Cap 5,625,919,488
Trailing P/E 15.28
Forward P/E 12.64
Beta 1.03
Profit Margins 10.67%
Website https://www.crc.com

As of April 18, 2026, 11:41 p.m. EDT: Options activity shows a clear bullish skew accelerated by the April 17 expiration. Call Open Interest (OI) is heavily concentrated 19.5% away (at $75 ATM/OTM) and there is a 'Major OI Wall' of 293 contracts at the $65 ATM anchor for May and Dec expirations. Notably, new volume at $65 for May 15 exceeds its OI, indicating fresh directional buying. Conversely, Put OI is overwhelmingly OTM ( >96%), with significant defensive positioning at $55-$62.5 for the short term, suggesting downside protection is being bought at levels the current price ($62.74) is fighting to breach. The IV structure is low on most strikes except for deep ITM calls and OTM puts, indicating a controlled fear/sentiment dynamic.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.66% 3.21% 2.99%
Dividend History
Date Dividend Yield %
2026-03-13 0.405 0.658858
2025-12-01 0.405 0.861674
2025-08-27 0.388 0.789982
2025-05-30 0.388 0.898770
2025-03-10 0.388 0.964671
2024-12-02 0.388 0.705161
2024-08-30 0.388 0.775833
2024-05-31 0.310 0.691938
2024-03-05 0.310 0.619113
2023-11-30 0.310 0.647800
2023-08-31 0.283 0.545630
2023-05-31 0.283 0.815721
2023-03-03 0.283 0.701631
2022-11-30 0.283 0.684269
2022-08-31 0.170 0.375743
2022-05-31 0.170 0.431356
2022-03-04 0.170 0.438711
2021-11-30 0.170 0.485928
Additional Data
dividendRate 1.62
dividendYield 2.61
exDividendDate 2026-03-13
trailingAnnualDividendRate 1.568
trailingAnnualDividendYield 0.02521711
lastDividendValue 0.405
lastDividendDate 2026-03-13
dividendDate 2026-03-20

Info Dump

Attribute Value
52 Week Change 0.7770792
Address1 1 World Trade Center
Address2 Suite 1500
All Time High 71.98
All Time Low 10.99
Ask 63.38
Ask Size 100
Audit Risk 8
Average Analyst Rating 1.4 - Strong Buy
Average Daily Volume10 Day 812,610
Average Daily Volume3 Month 983,304
Average Volume 983,304
Average Volume10Days 812,610
Beta 1.033
Bid 63.25
Bid Size 300
Board Risk 2
Book Value 41.395
City Long Beach
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 63.4
Current Ratio 0.893
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 63.49
Day Low 62.25
Debt To Equity 37.044
Display Name California Resources
Dividend Date 1,773,964,800
Dividend Rate 1.62
Dividend Yield 2.61
Earnings Call Timestamp End 1,778,086,800
Earnings Call Timestamp Start 1,778,086,800
Earnings Growth -0.615
Earnings Quarterly Growth -0.636
Earnings Timestamp 1,778,011,200
Earnings Timestamp End 1,778,011,200
Earnings Timestamp Start 1,778,011,200
Ebitda 1,258,000,000
Ebitda Margins 0.36967
Enterprise To Ebitda 5.356
Enterprise To Revenue 1.98
Enterprise Value 6,737,991,168
Eps Current Year 5.32162
Eps Forward 5.01756
Eps Trailing Twelve Months 4.15
Esg Populated 0
Ex Dividend Date 1,773,360,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 62.5436
Fifty Day Average Change 0.85640335
Fifty Day Average Change Percent 0.0136929015
Fifty Two Week Change Percent 77.707924
Fifty Two Week High 71.98
Fifty Two Week High Change -8.580002
Fifty Two Week High Change Percent -0.1191998
Fifty Two Week Low 34.09
Fifty Two Week Low Change 29.310001
Fifty Two Week Low Change Percent 0.85978293
Fifty Two Week Range 34.09 - 71.98
Financial Currency USD
First Trade Date Milliseconds 1,603,891,800,000
Float Shares 87,755,798
Forward Eps 5.01756
Forward P E 12.635624
Free Cashflow 544,625,024
Full Exchange Name NYSE
Full Time Employees 2,500
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.54423
Gross Profits 1,852,000,000
Has Pre Post Market Data 1
Held Percent Insiders 0.049990002
Held Percent Institutions 1.0300801
Implied Shares Outstanding 88,736,895
Industry Oil & Gas E&P
Industry Disp Oil & Gas E&P
Industry Key oil-gas-e-p
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,773,360,000
Last Dividend Value 0.405
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name California Resources Corporation
Market us_market
Market Cap 5,625,919,488
Market State REGULAR
Max Age 86,400
Message Board Id finmb_263774786
Most Recent Quarter 1,767,139,200
Net Income To Common 363,000,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,517,660,131
Number Of Analyst Opinions 12
Open 62.8
Operating Cashflow 865,000,000
Operating Margins 0.18672001
Overall Risk 2
Payout Ratio 0.3777
Peg Ratio 0.22
Phone 888 848 4754
Previous Close 62.18
Price Eps Current Year 11.913666
Price Hint 2
Price To Book 1.5315859
Price To Sales Trailing12 Months 1.6532234
Profit Margins 0.10667
Quick Ratio 0.559
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.41667
Region US
Regular Market Change 1.2200012
Regular Market Change Percent 1.9620476
Regular Market Day High 63.49
Regular Market Day Low 62.25
Regular Market Day Range 62.25 - 63.49
Regular Market Open 62.8
Regular Market Previous Close 62.18
Regular Market Price 63.4
Regular Market Time 1,776,784,542
Regular Market Volume 108,807
Return On Assets 0.064229995
Return On Equity 0.10067
Revenue Growth -0.138
Revenue Per Share 39.115
Sand P52 Week Change 0.34445214
Sector Energy
Sector Disp Energy
Sector Key energy
Share Holder Rights Risk 5
Shares Outstanding 88,736,895
Shares Percent Shares Out 0.038599998
Shares Short 3,429,171
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 4,289,277
Short Name California Resources Corporatio
Short Percent Of Float 0.0592
Short Ratio 2.49
Source Interval 15
State CA
Symbol CRC
Target High Price 92.0
Target Low Price 72.0
Target Mean Price 81.5
Target Median Price 84.0
Total Cash 132,000,000
Total Cash Per Share 1.49
Total Debt 1,360,999,936
Total Revenue 3,403,000,064
Tradeable 0
Trailing Annual Dividend Rate 1.568
Trailing Annual Dividend Yield 0.02521711
Trailing Eps 4.15
Trailing P E 15.277108
Trailing Peg Ratio 0.2149
Triggerable 1
Two Hundred Day Average 52.28085
Two Hundred Day Average Change 11.119152
Two Hundred Day Average Change Percent 0.21268117
Type Disp Equity
Volume 108,807
Website https://www.crc.com
Zip 90,831