California Resources Corp Ordinary Shares - New CRC

Morningstar Rating
$52.09 −0.18 (0.34%)
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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 LOCK|<s>$< premium.
Price
$52.27
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
$52.27
Day Range
$51.8652.79
52-Week Range
$43.2571.98
Bid/Ask
$51.51 / $54.00
Shares Outstanding
88.79M
Market Cap
$4.63B
Volume/Avg
929 / 816,144

Key Statistics

Price/Earnings (Normalized)
12.14
Price/Sales
1.31
Dividend Yield (Trailing)
3.07%
Dividend Yield (Forward)
3.10%
Total Yield
9.61%

Company Profile

California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Small Core
Total Number of Employees
2,500

Valuation

Metric
CRC
Price/Earnings (Normalized)
12.14
Price/Book Value
1.59
Price/Sales
1.31
Price/Cash Flow
4.52
Price/Earnings
CRC

Financial Strength

Metric
CRC
Quick Ratio
0.43
Current Ratio
0.55
Interest Coverage
−2.94
Quick Ratio
CRC

Profitability

Metric
CRC
Return on Assets (Normalized)
4.88%
Return on Equity (Normalized)
10.02%
Return on Invested Capital (Normalized)
9.17%
Return on Assets
CRC

Oil & Gas E&P Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|>%Nr^g$zLOCK|T<#r$136B
Canadian Natural Resources Ltd
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LOCK|$j?$>@%LOCK|>$?!$89B
EOG Resources Inc
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LOCK|>w#%gTs#LOCK|PGn!$73B
Occidental Petroleum Corp
OXY
LOCK|R#LOCK|K>p$53B
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FANG
LOCK|^ZR%V!W>LOCK|%^N%K$53B
Devon Energy Corp
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LOCK|H>M!S@M#LOCK|$lKn$50B
EQT Corp
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LOCK|wW@VhthLOCK|%j$31B
Expand Energy Corp Ordinary Shares - New
EXE
LOCK|c@FN#DLOCK|%S$21B
Antero Resources Corp
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LOCK|$$?Jg!LOCK|kr@$10B
Range Resources Corp
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LOCK|SCvr<&bLOCK|v&$8B

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