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How California Resources Stock Has Reacted to Past Results

Nicholas Chapman
How California Resources Stock Has Reacted to Past Results

In the last four quarters, California Resources (CRC) has beaten analysts’ EPS estimates three times—in Q3 2017, Q4 2017, and Q1 2018. However, it missed their EPS estimate in Q2 2017. In comparison, upstream players Encana (ECA), Pioneer Natural Resources (PXD), and Murphy Oil (MUR) have beaten analysts’ earnings expectations ~75%, ~100%, and ~75% of the time over the last four quarters, respectively.