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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Net Margin
California Resources Corp

17.4%
Current
41%
Average
7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
17.4%
=
Net Income
531m
/
Revenue
3B

Net Margin Across Competitors

Country US
Market Cap 4.5B USD
Net Margin
17%
Country MY
Market Cap 5.2T MYR
Net Margin
-105%
Country US
Market Cap 123B USD
Net Margin
18%
Country CN
Market Cap 773.1B CNY
Net Margin
33%
Country US
Market Cap 67.2B USD
Net Margin
29%
Country CA
Market Cap 89.8B CAD
Net Margin
21%
Country US
Market Cap 46B USD
Net Margin
25%
Country US
Market Cap 45.4B USD
Net Margin
33%
Country US
Market Cap 39.5B USD
Net Margin
21%
Country AU
Market Cap 45.4B AUD
Net Margin
15%
Country US
Market Cap 25.8B EUR
Net Margin
40%
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

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
17.4%
=
Net Income
531m
/
Revenue
3B
What is the Net Margin of California Resources Corp?

Based on California Resources Corp's most recent financial statements, the company has Net Margin of 17.4%.