California Resources (CRC) Stock
California oil producer focused on San Joaquin basin assets. Here's the price, business snapshot, and what's worth knowing about California Resources in October 2026.
California Resources Corporation (CRC) is an independent oil and gas exploration and production company focused on onshore assets in California, chiefly the San Joaquin and Los Angeles basins. With a market capitalisation around $3.9 billion, CRC’s performance is closely tied to West Texas Intermediate and regional oil prices, local production levels and operational costs. Investors should note the company operates in a heavily regulated state where environmental policy, permitting and emissions rules can affect costs and future development. Strengths can include a concentrated asset base that may offer operational efficiencies and potential cash flow generation when oil prices are supportive. Key risks are commodity price volatility, regulatory and legal uncertainty in California, and capital allocation choices. This summary is for general educational purposes only and not investment advice; values can fall as well as rise, and prospective investors should consider their own situation or seek independent advice.
California Resources (CRC) Stock Forecast
Analyst price target, next 12 months
$71.96
+32.0% vs today's $54.53
Price range over the last 12 months
In the middle of its 12-month range
Analysts covering California Resources have a consensus 12-month target of $71.96, above the current price of $54.53.
Analyst targets are opinions, not guarantees. Capital at risk. Data as of 25 Oct 2026.
Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.
Sixth Month Growth Performance
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying California Resources Corp's stock with a target price of $71.96, indicating strong growth potential.
Financial Health
California Resources Corp is generating solid revenue and cash flow, with strong profit margins.
Dividend
California Resources Corp's dividend yield of 2.94% offers a reasonable return for dividend-seeking investors. If you invested $1000 you would be paid $29.40 a year in dividends (based on the last 12 months).
Why You’ll Want to Watch This Stock
Production and Cash Flow
A steady production base can support cash generation when oil prices are favourable, though revenues vary with commodity cycles.
California Regulation Impact
Strict state environmental rules and permitting can affect costs and growth plans; regulatory shifts remain an important risk to monitor.
Energy Transition Context
Longer-term policy and demand trends around decarbonisation may affect strategy and asset valuation, even as hydrocarbons remain central today.
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