California Resources Corp
NYSE:CRC

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California Resources Corp
NYSE:CRC
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Price: 50.56 USD -0.82% Market Closed
Market Cap: 4.6B USD
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California Resources Corp
Net Change in Cash

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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California Resources Corp
Net Change in Cash Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Change in Cash CAGR 3Y CAGR 5Y CAGR 10Y
California Resources Corp
NYSE:CRC
Net Change in Cash
-$238m
CAGR 3-Years
N/A
CAGR 5-Years
-93%
CAGR 10-Years
N/A
Hess Corp
NYSE:HES
Net Change in Cash
-$154m
CAGR 3-Years
N/A
CAGR 5-Years
33%
CAGR 10-Years
N/A
EOG Resources Inc
NYSE:EOG
Net Change in Cash
$796m
CAGR 3-Years
-13%
CAGR 5-Years
21%
CAGR 10-Years
17%
Texas Pacific Land Corp
NYSE:TPL
Net Change in Cash
-$125.6m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Diamondback Energy Inc
NASDAQ:FANG
Net Change in Cash
-$457m
CAGR 3-Years
N/A
CAGR 5-Years
-2%
CAGR 10-Years
-44%
Conocophillips
NYSE:COP
Net Change in Cash
-$3.6B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

California Resources Corp
Glance View

Market Cap
4.5B USD
Industry
Energy

California Resources Corporation (CRC) emerged from Occidental Petroleum's split in 2014, carving out its niche as a major player in the oil and natural gas industry. Rooted deeply in the landscapes of California, CRC's primary operations revolve around the extraction, production, and development of hydrocarbon assets situated primarily in the prolific San Joaquin, Los Angeles, Ventura, and Sacramento Basins. Leveraging advanced extraction technologies, CRC employs a combination of traditional drilling, enhanced oil recovery (EOR) techniques, such as water and steam flooding, and cutting-edge methods to optimize production. Their strategic focus is not only on maximizing output but also on managing costs effectively, which is crucial given the volatile nature of oil prices and regulatory challenges inherent in California. Beyond mere extraction, CRC has been intricately woven into California’s energy framework by emphasizing responsible energy production. It navigates through complex environmental regulations while striving to reduce greenhouse gas emissions and implement water recycling programs. This responsible approach aligns with the state’s robust environmental standards, positioning CRC as a company that aims to balance profitability with sustainability. Revenue streams are fundamentally tied to the fluctuating global prices of oil and gas, but strategic hedging practices and contracts often buffer against market shocks. By efficiently extracting resources from its well-established acreage, CRC has created a model that allows it to maintain economic viability amidst the ever-evolving energy landscape.

CRC Intrinsic Value
57.33 USD
Undervaluation 12%
Intrinsic Value
Price

See Also

What is California Resources Corp's Net Change in Cash?
Net Change in Cash
-238m USD

Based on the financial report for Sep 30, 2024, California Resources Corp's Net Change in Cash amounts to -238m USD.

What is California Resources Corp's Net Change in Cash growth rate?
Net Change in Cash CAGR 5Y
-93%

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