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 Income (Common)

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 Income (Common) Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income (Common) CAGR 3Y CAGR 5Y CAGR 10Y
California Resources Corp
NYSE:CRC
Net Income (Common)
$531m
CAGR 3-Years
-48%
CAGR 5-Years
7%
CAGR 10-Years
-5%
EQT Corp
NYSE:EQT
Net Income (Common)
$314.2m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-5%
Hess Corp
NYSE:HES
Net Income (Common)
$2.6B
CAGR 3-Years
138%
CAGR 5-Years
N/A
CAGR 10-Years
-5%
EOG Resources Inc
NYSE:EOG
Net Income (Common)
$7.1B
CAGR 3-Years
33%
CAGR 5-Years
19%
CAGR 10-Years
9%
Diamondback Energy Inc
NASDAQ:FANG
Net Income (Common)
$3.2B
CAGR 3-Years
94%
CAGR 5-Years
25%
CAGR 10-Years
39%
Conocophillips
NYSE:COP
Net Income (Common)
$9.9B
CAGR 3-Years
28%
CAGR 5-Years
4%
CAGR 10-Years
1%
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 Income (Common)?
Net Income (Common)
531m USD

Based on the financial report for Sep 30, 2024, California Resources Corp's Net Income (Common) amounts to 531m USD.

What is California Resources Corp's Net Income (Common) growth rate?
Net Income (Common) CAGR 10Y
-5%

Over the last year, the Net Income (Common) growth was 16%. The average annual Net Income (Common) growth rates for California Resources Corp have been -48% over the past three years , 7% over the past five years , and -5% over the past ten years .

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