California Resources Corp

California Resources Corp

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.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying California Resources Corp stock with a target price of $68.08, indicating strong potential for growth.

Above Average

Financial Health

California Resources Corp is performing well with solid revenue and cash flow, indicating strong financial health.

Average

Dividend

California Resources Corp offers a dividend yield of 3.33%, which is appealing for those seeking dividend income. If you invested $1000 you would be paid $33.30 a year in dividends (based on the last 12 months).

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.

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Why You’ll Want to Watch This Stock

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Production and Cash Flow

A steady production base can support cash generation when oil prices are favourable, though revenues vary with commodity cycles.

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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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