California Resources Corp logo CRC - California Resources Corp

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 5
SELL 1
STRONG
SELL
0
| PRICE TARGET: $79.40 DETAILS
HIGH: $87.00
LOW: $67.00
MEDIAN: $84.00
CONSENSUS: $79.40
UPSIDE: 49.98%

Stock News

California Resources: Executing On Strategic Priorities But Hedges Sap Away Earnings Power

California Resources: Executing On Strategic Priorities But Hedges Sap Away Earnings Power

California Resources delivered a solid quarter, but hedging limited upside from strong commodity prices, resulting in underwhelming bottom-line growth. The company executed strategic initiatives: commencing CO2 injection operations, acquiring Crimson midstream assets, and optimizing Berry acquisition synergies and refinancing. Despite the 'California Discount,' California Resources remains a value play, with carbon sequestration offering significant new revenue potential and a competitive dividend.

Aug 11, 2026 07:13 AM seekingalpha.com

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