California Resources
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
323% more call options, than puts
Call options by funds: $82.4M | Put options by funds: $19.5M
108% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 26
86% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 65
10% more funds holding
Funds holding: 251 [Q3] → 277 (+26) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 7 (+0) [Q4]
1% less capital invested
Capital invested by funds: $4.48B [Q3] → $4.43B (-$55M) [Q4]
1.99% less ownership
Funds ownership: 95.39% [Q3] → 93.4% (-1.99%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$55
21%
upside
Avg. target
$66
46%
upside
High target
$75
66%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
RBC Capital Scott Hanold 13% 1-year accuracy 5 / 38 met price target | 50%upside $68 | Outperform Reiterated | 27 Mar 2025 |
Barclays Betty Jiang 56% 1-year accuracy 19 / 34 met price target | 21%upside $55 | Equal-Weight Maintained | 5 Mar 2025 |
Truist Securities Neal Dingmann 29% 1-year accuracy 42 / 147 met price target | 66%upside $75 | Buy Initiated | 13 Jan 2025 |
Financial journalist opinion
Based on 6 articles about CRC published over the past 30 days
Neutral
Benzinga
2 weeks ago
California Resources Faces Permit Challenges And Oversupply Risks—Analyst Sees Growth, But Stay Cautious
J.P. Morgan analyst Alejandra Magana maintained a Neutral rating on California Resources Corporation CRC with a price forecast of $63.
Neutral
Seeking Alpha
4 weeks ago
California Resources Corporation (CRC) Q4 2024 Earnings Call Transcript
California Resources Corporation (NYSE:CRC ) Q4 2024 Earnings Conference Call March 3, 2025 1:00 PM ET Company Participants Joanna Park - VP, IR & Treasurer Francisco Leon - CEO, President & Director Clio Crespy - EVP & CFO Francisco Leon - CEO, President & Director Jay Bys - EVP & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Merrill Lynch Nate Pendleton - Texas Capital Josh Silverstein - UBS Betty Jiang - Barclays Neal Dingmann - Truist Securities David Deckelbaum - TD Cowen Alejandra Magana - JPMorgan Leo Mariani - Roth Michael Scialla - Stephens Operator Good day, and welcome to the California Resources Corporation Fourth Quarter and Year-End 2024 Earnings Conference Call. [Operator Instructions] Note this event is being recorded.
Negative
Zacks Investment Research
4 weeks ago
California Resources Corporation (CRC) Lags Q4 Earnings and Revenue Estimates
California Resources Corporation (CRC) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.93 per share a year ago.
Neutral
GlobeNewsWire
4 weeks ago
California Resources Reports Fourth Quarter and Full Year 2024 Financial and Operating Results
Achieves Meaningful Capital Efficiency Improvements and Significant Cost Reductions Following Aera Merger LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) today reported financial and operating results for the fourth quarter and full year 2024, as well as its guidance for 2025.
Neutral
GlobeNewsWire
4 weeks ago
Carbon TerraVault Provides 2024 Update
Signs Carbon Management MOU 1 with National Cement for California's First Net Zero Cement Facility LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), provided a 2024 update and announced the signing of a Memorandum of Understanding1 (MOU) to help achieve California's first net zero cement facility in partnership with National Cement Company of California Inc. (National Cement).
Neutral
GlobeNewsWire
4 weeks ago
Carbon TerraVault and National Cement Sign MOU for California's First Net Zero Cement Facility
Carbon TerraVault Expects to Transport and Sequester up to 1 Million Metric Tons of CO 2 Emissions Annually LONG BEACH, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) and its carbon management business, Carbon TerraVault (CTV), today announced the signing of a Memorandum of Understanding1 (MOU) with National Cement Company of California Inc. (National Cement) to provide carbon management services for the “Lebec Net Zero” - a first-of-its-kind initiative to produce carbon-neutral cement at National Cement's facility in California.
Neutral
Zacks Investment Research
1 month ago
Ahead of California Resources (CRC) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of California Resources (CRC) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Positive
Zacks Investment Research
1 month ago
CRC or RRC: Which Is the Better Value Stock Right Now?
Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with California Resources Corporation (CRC) and Range Resources (RRC). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
1 month ago
Should Value Investors Buy California Resources (CRC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Negative
Zacks Investment Research
1 month ago
After Plunging -5.28% in 4 Weeks, Here's Why the Trend Might Reverse for California Resources (CRC)
California Resources (CRC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
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