CHARGED ALPHATMFrontier AI stock research

CRC · NYSE

California Resources Corporation

Oil & Gas E&P · United States

USD 52.33-1.3% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$4.65B
Trailing P/E
—
Forward P/E
12.63x
Quarterly revenue growth
33.0%
Trailing net margin
-3.2%
Indicated dividend yield
3.1%

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-03 (provider estimate, not issuer-confirmed).

Company background

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.

Company website

Q2 2026

Go beyond the headline.

CRC Stock Q2 2026: EPS Missed 27% And The Stock Rose - The Hedge Book Explains Both

Published 2026-08-15

Comparable businesses

CRC peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricCRCCalifornia Resources CorporationSnapshot 2026-10-06Financial period: 2026-06-30VISTVista Energy, S.A.B. de C.V.Snapshot 2026-10-06Financial period: 2026-06-30CHRDChord Energy CorporationSnapshot 2026-10-06Financial period: 2026-06-30Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$4.65BUS$7.33BUS$7.51BUS$7.42Bn=2
Forward P/EProvider forward earnings estimate12.63x6.75x8.45x7.60xn=2
EV / EBITDAEnterprise value / trailing EBITDA11.05x5.01x3.19x4.10xn=2
Revenue growthLatest quarter vs prior-year quarter33.0%102.3%84.1%93.2%n=2
Operating marginLatest reported quarter46.8%44.2%34.7%39.5%n=2
Free cash flow yieldTrailing cash flow / market cap6.4%1.7%12.8%7.2%n=2
Net debt / EBITDANet debt / trailing EBITDA2.38x1.47x0.33x0.90xn=2
Debt / equityTotal debt / positive book equity0.40x1.07x0.18x0.62xn=2
Trailing P/ETrailing twelve-month earnings—8.76x9.24x9.00xn=2
Price / bookPrice / positive book equity per share1.37x2.21x0.91x1.56xn=2
EV / salesEnterprise value / trailing revenue1.61x3.05x1.43x2.24xn=2
Earnings growthLatest quarter vs prior-year quarter200.0%29.8%——
Gross marginTrailing twelve months56.8%82.5%48.1%65.3%n=2
Net marginTrailing twelve months-3.2%23.6%14.2%18.9%n=2
Return on equityProvider trailing return; positive equity only-3.6%29.8%10.3%20.1%n=2
Free cash flow marginTrailing free cash flow / revenue8.0%3.5%16.1%9.8%n=2
Dividend yieldIndicated annual dividend / price3.1%—3.8%—
Earnings payoutProvider trailing dividend payout37.8%0.0%35.0%17.5%n=2
Current ratioCurrent assets / current liabilities0.66x0.69x1.22x0.96xn=2
BetaProvider historical market sensitivity1.02-0.460.470.01n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

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Market context

Valuation & price history

Adjusted closing price

Price history

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for CRC

All available reporting periods
Q2 20262026-08-15

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.