CRC - California Resources Corporation
| Previous Close | 24.07 |
| Open | 23.67 |
| Bid | 24.55 x 800 |
| Ask | 25.57 x 1100 |
| Day's Range | 23.15 - 24.55 |
| 52 Week Range | 13.26 - 50.34 |
| Volume | 2,266,411 |
| Avg. Volume | 1,875,055 |
| Market Cap | 1.191B |
| Beta (3Y Monthly) | 5.93 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.40 |
| Earnings Date | Nov 5, 2018 - Nov 9, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2015-09-08 |
| 1y Target Est | 49.43 |
- Market Realist•18 hours ago
Oil Might Have Dragged Oil-Weighted Stocks
On November 7–14, our list of oil-weighted stocks fell 11.2%—compared to the 8.8% fall in US crude oil December futures. On average, our list of oil-weighted stocks underperformed US crude oil prices. In the previous part, we saw that most of these oil-weighted stocks’ correlations with oil prices rose significantly.
Market Realist•3 days agoRising Inventories Spread Might Drag Oil Prices
In the week ending on November 2, US crude oil inventories were 3% above their five-year average—one percentage point more than the previous week. Oil prices and the inventories spread usually move inversely, as you can see in the following chart. If the inventories spread expands more into the positive territory, it might drag down oil prices in the coming weeks. The inventories spread is the difference between inventories and their five-year average.
Market Realist•3 days agoFutures Spread: Oil’s Bearish Sentiments Are Increasing
On November 12, US crude oil December futures closed ~$1.6 below the December 2019 futures. On November 5, the futures spread was at a discount of ~$0.55. On November 5–12, US crude oil December futures fell 5%.
- Market Realist•4 days ago
Which Energy Stocks Fell the Most Last Week?
On November 2–9, upstream stock Denbury Resources (DNR) fell the most on our list of energy stocks. However, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the lowest gainer among the major energy subsector ETFs that we discussed in Part 3. On November 8, Denbury Resources announced its third-quarter earnings results. The company reported an adjusted income of $0.13 per diluted share—compared to analysts’ consensus estimates of $0.11 per share.
- GlobeNewswire•7 days ago
Report: Developing Opportunities within California Resources, America Movil, S.A.B. de C.V, Och-Ziff Capital Management Group, Taseko Mines, Entercom Communications, and Eagle Bulk Shipping — Future Expectations, Projections Moving into 2018
NEW YORK, Nov. 09, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Market Realist•8 days ago
Have Oil-Weighted Stocks Diverged from Oil’s Fall?
On October 31–November 7, our list of oil-weighted stocks rose 3.4%—compared to the 5.6% fall in US crude oil December futures. On average, our list of oil-weighted stocks outperformed US crude oil prices. In the previous part, we saw that most of these oil-weighted stocks had higher and positive correlations with the S&P 500 Index (SPY) than oil prices. In the trailing week, the S&P 500 Index (SPY) rose 3.8%.
- Thomson Reuters StreetEvents•9 days ago
Edited Transcript of CRC earnings conference call or presentation 1-Nov-18 9:00pm GMT
Q3 2018 California Resources Corp Earnings Call
- Market Realist•10 days ago
EIA’s Inventory Data Might Not Bring Fresh Longs in Oil Prices
In the week ending on October 26, US crude oil inventories were 2% above their five-year average—the same as the previous week. Oil prices and the inventories spread usually move inversely, as you can see in the following chart. If the inventories spread expands more into the positive territory, it might drag down oil prices in the coming weeks. The inventories spread is the difference between inventories and their five-year average.
Market Realist•10 days agoFutures Spread: Oil Bulls Should Stay Cautious
On November 5, US crude oil December futures closed ~$0.55 below the December 2019 futures. On October 29, the futures spread was at a discount of ~$0.01. On October 29–November 5, US crude oil December futures fell 5.9%.
- Zacks•10 days ago
Should Value Investors Buy California Resources (CRC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Market Realist•11 days agoWhich Oil-Tracking ETFs Outperformed US Crude Oil’s Fall?
On October 26–November 2, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 7.1% and 6.4%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 13.9%. These ETFs track US crude oil futures.
Market Realist•11 days agoUS Crude Oil Might Be Heading towards $60 This Week
On October 26–November 2, US crude oil December futures fell 6.6% and closed at $63.14 per barrel on November 2—the lowest closing level for active US crude oil futures since April 6. Last week, US crude oil prices recorded the second-biggest weekly decline in 2018.
- Zacks•14 days ago
California Resources (CRC) Q3 Earnings and Revenues Surpass Estimates
California Resources (CRC) delivered earnings and revenue surprises of 1112.50% and 21.23%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press•14 days ago
California Resources: 3Q Earnings Snapshot
On a per-share basis, the Los Angeles-based company said it had net income of $1.32. Earnings, adjusted for non-recurring gains, came to 81 cents per share. The oil and natural gas company posted revenue ...
- Business Wire•15 days ago
California Resources Corporation Announces Third Quarter 2018 Results
California Resources Corporation , an independent California-based oil and gas exploration and production company, today reported net income attributable to common stock of $66 million, or $1.32 per diluted share, for the third quarter of 2018.
Market Realist•15 days agoIs the Broader Market Steering Oil-Weighted Stocks?
On October 31, US crude oil December futures fell 1.3% and closed at $65.31 per barrel—the lowest closing level in more than two months. On the same day, the rise of 3.2 MMbbls (million barrels) in US crude oil inventories for the week ending October 26 might have limited US crude oil’s fall triggered by rising supply concerns. A Reuters poll indicated a rise of 4.11 MMbbls in US crude oil inventories.
- Business Wire•18 days ago
California Resources Corporation to Participate in November 2018 Investor Conferences
California Resources Corporation , an independent California-based oil and gas exploration and production company, announced that its executives will be participating in
Market Realist•24 days agoWhy EIA Inventory Data Might Be a Concern for Oil Prices
In the week ending October 12, US crude oil inventories were 2% above their five-year average. In the previous week, US crude oil inventories were at their five-year average. Oil prices and the inventories spread usually move inversely, as you can see in the following chart. If the inventories spread expands further into positive territory, it might drag oil prices in the coming weeks. The inventories spread is the difference between inventories and their five-year average.
Market Realist•24 days agoFutures Spread Nearing Discount: US Crude Sentiment Might Reverse
On October 22, US crude oil December 2018 futures closed just ~$0.6 above the December 2019 futures. On October 15, the futures spread was at a premium of ~$2.1. Between October 15 and October 22, US crude oil December futures fell 3.1%. In fact, during this period, the futures spread is heading for a discount that might reflect a possible reversal in oil’s bullish sentiments.
- Market Realist•25 days ago
Top Energy Declines Last Week
On October 12–19, downstream energy stock PBF Energy (PBF) fell the most on our list of energy stocks. In fact, the VanEck Vectors Oil Refiners ETF (CRAK) fell 4.6%—the largest decline among the major energy subsector ETFs that we discussed in Part 2.
- GlobeNewswire•25 days ago
Royale Signs Joint Venture to Expand Drilling in Rio Vista Field
Royale Energy, Inc. (ROYL) announces it has entered into a joint venture with California Resources Corporation (CRC) to drill 30 wells throughout the Rio Vista field, the largest dry gas field in California. The Rio Vista field was discovered in 1936 and has produced approximately 4 trillion cubic ft. from more than 15 stacked gas reservoirs. This new agreement expands the joint venture development area to the entire Rio Vista field.
- Market Realist•29 days ago
Are Oil-Weighted Stocks Falling Less than US Crude Oil?
On October 10–17, our list of oil-weighted stocks fell 4% compared to the 4.7% fall in US crude oil November futures. On average, our list of oil-weighted stocks outperformed US crude oil prices.
- GlobeNewswire•last month
Report: Exploring Fundamental Drivers Behind Dermira, California Resources, OGE Energy, Oasis Petroleum, Harmonic, and CBIZ — New Horizons, Emerging Trends, and Upcoming Developments
NEW YORK, Oct. 17, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Market Realist•last monthFutures Spread: Are Oil’s Bullish Sentiments Declining?
On October 15, US crude oil November futures closed ~$2 above the November 2019 futures. On October 8, the futures spread was at a premium of ~$2.2. On October 8–15, US crude oil November futures fell 3.4%.
Market Realist•last monthHow Weak Crude Oil Prices Could Affect Viper Energy Partners
So far in this series, we’ve looked at Northern Oil & Gas (NOG), Denbury Resources (DNR), California Resources (CRC), W&T Offshore (WTI), Whiting Petroleum (WLL), and Penn Virginia (PVAC). In this article, we’ll focus on Viper Energy Partners (VNOM).
