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California Resources Corp Ordinary Shares - New CRC

Morningstar Rating
$55.76 +0.82 (1.49%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CRC is trading at a 3% discount.
Price
$54.90
Fair Value
$86.46
Uncertainty
High
1-Star Price
$41.80
5-Star Price
$94.66
Economic Moat
Zjh
Capital Allocation
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News

Trading Information

Previous Close Price
$54.94
Day Range
$54.6956.29
52-Week Range
$37.2158.44
Bid/Ask
$47.00 / $89.10
Market Cap
$3.83 Bil
Volume/Avg
520,186 / 1.1 Mil

Key Statistics

Price/Earnings (Normalized)
10.89
Price/Sales
1.42
Dividend Yield (Trailing)
2.16%
Dividend Yield (Forward)
2.26%
Total Yield
5.88%

Company Profile

California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Value
Total Number of Employees
970

Comparables

Valuation

Metric
CRC
SBOW
AR
Price/Earnings (Normalized)
10.896.6056.89
Price/Book Value
1.700.631.32
Price/Sales
1.421.072.21
Price/Cash Flow
6.161.5311.11
Price/Earnings
CRC
SBOW
AR

Financial Strength

Metric
CRC
SBOW
AR
Quick Ratio
1.260.560.31
Current Ratio
1.511.050.33
Interest Coverage
14.365.764.54
Quick Ratio
CRC
SBOW
AR

Profitability

Metric
CRC
SBOW
AR
Return on Assets (Normalized)
9.39%7.19%2.30%
Return on Equity (Normalized)
18.00%15.04%4.64%
Return on Invested Capital (Normalized)
15.23%11.73%3.52%
Return on Assets
CRC
SBOW
AR
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Oil & Gas E&P Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
COP
ConocoPhillipsLtxkfmvkssHwzcm$151.5 Bil
EOG
EOG Resources IncCghkmmbhtNqhgr$77.0 Bil
PXD
Pioneer Natural Resources CoFfvgxwgyHdzjkf$63.9 Bil
OXY
Occidental Petroleum CorpSdcvsnyrYkwz$58.5 Bil
HES
Hess CorpMjndlhtjbvGsygs$47.6 Bil
FANG
Diamondback Energy IncWjckctfrXydvdr$36.1 Bil
DVN
Devon Energy CorpMcvmgrxmjmJryths$32.7 Bil
MRO
Marathon Oil CorpLssgdtykgJtsqg$15.8 Bil
APA
APA CorpPzzzcplfCyd$12.0 Bil
AR
Antero Resources CorpYhxjcyqxSgy$9.2 Bil

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