Equities

California Resources Corp

California Resources Corp

Actions
EnergyOil, Gas and Coal
  • Price (USD)54.90
  • Today's Change-0.36 / -0.65%
  • Shares traded299.07k
  • 1 Year change+41.13%
  • Beta1.4643
Data delayed at least 15 minutes, as of Apr 26 2024 21:10 BST.
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About the company

California Resources Corporation is an independent energy and carbon management company committed to energy transition. It produces the lowest carbon intensity oil in the United States. It is in the early stages of developing several carbon capture and storage projects in California. Its carbon management business, Carbon TerraVault, is focused on building, installing, operating, and maintaining carbon dioxide (CO2) capture equipment, transportation assets and storage facilities in California. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. It holds substantially all the working, surface and mineral interests in the Elk Hills field, which is its largest producing asset in the San Joaquin basin, and has a large ownership interest in several other oil fields located in the San Joaquin basin, including Buena Vista and Coles Levee. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide.

  • Revenue in USD (TTM)2.80bn
  • Net income in USD564.00m
  • Incorporated2014
  • Employees970.00
  • Location
    California Resources Corp1 World Trade Center, Suite 1500LONG BEACH 90831United StatesUSA
  • Phone+1 (310) 208-8800
  • Fax+1 (302) 636-5454
  • Websitehttps://www.crc.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CRC:NYQ since
announced
Transaction
value
Aera Energy LLCAnnounced07 Feb 202407 Feb 2024Announced16.78%1.95bn
Data delayed at least 15 minutes, as of Apr 26 2024 21:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Kosmos Energy Ltd1.70bn213.52m2.75bn243.0013.122.604.111.620.44430.44433.542.240.35762.7317.287,002,502.004.49-0.47325.09-0.535277.0775.2012.55-1.390.48786.950.6984---24.2213.93-5.75---4.65--
Gulfport Energy Corp1.79bn1.25bn2.91bn226.002.431.361.631.6366.3866.3894.84120.540.6176--8.067,927,885.0050.70-9.6563.07-11.7694.2991.8582.10-23.95--17.170.2323--34.602.92203.6723.83-9.94--
Comstock Resources Inc1.57bn211.57m3.00bn251.0013.481.223.661.910.76390.76395.658.470.262--4.226,235,494.003.554.844.045.4555.9874.4813.5413.33----0.5256---56.8632.02-81.12--34.82--
CVR Energy, Inc.9.25bn769.00m3.36bn1.57k4.363.962.850.36297.657.6592.008.432.1012.9928.715,904,215.0019.908.0833.4211.7413.769.779.504.350.936416.680.6779134.32-15.135.3666.0924.3218.95-9.71
Black Stone Minerals LP592.22m400.77m3.38bn108.008.843.947.585.711.821.822.725.420.4667--5.555,483,482.0033.3020.7934.0621.4988.4685.8771.3557.95--477.480.00102.40-10.76-0.5759-12.017.86-41.826.45
CNX Resources Corp1.38bn1.72bn3.63bn470.002.500.84751.692.649.589.587.4728.250.160623.115.932,928,587.0020.081.6122.931.8360.5473.16125.016.810.4884--0.33750.00-64.13-4.511,311.1216.65-9.46--
Sitio Royalties Corp593.36m-16.58m3.74bn62.00--2.3315.296.30-0.1961-0.19615.9210.220.1195--4.769,570,258.00-0.9405---1.63-------7.87----3.290.194--60.53---209.67--150.9639.26
California Resources Corp2.80bn564.00m3.83bn970.007.151.714.851.377.737.7339.1332.300.703312.4510.342,887,629.0014.1615.7217.4719.9070.6566.9420.1431.781.3911.980.19574.453.47-1.787.6311.93-23.15--
Liberty Energy Inc4.56bn475.55m3.83bn5.50k8.432.024.140.84112.732.7326.2311.411.5615.956.67828,904.8016.246.9321.429.7228.8521.6410.434.771.1624.130.160311.1414.4317.1139.2234.5118.4417.08
Northern Oil and Gas Inc2.17bn922.97m4.35bn38.004.292.123.092.0110.0410.0423.5420.320.5887--6.7557,006,790.0025.087.0827.858.1876.5971.5442.6113.70--8.290.472734.3837.9326.1226.8345.0631.20--
Sunoco LP23.07bn311.00m4.75bn2.39k15.485.818.180.20613.643.64271.979.703.3825.3830.969,655,923.005.776.577.247.865.926.791.712.050.7562.960.7854117.72-10.346.30-21.66--6.220.298
National Fuel Gas Co.2.04bn440.20m5.06bn2.24k11.521.595.822.484.774.7722.1034.460.24411.487.82910,836.205.264.426.125.0860.07--21.5816.990.46955.320.458351.48-0.56156.42-15.7510.6111.582.83
Data as of Apr 26 2024. Currency figures normalised to California Resources Corp's reporting currency: US Dollar USD

Institutional shareholders

52.83%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Dec 20239.78m14.12%
The Vanguard Group, Inc.as of 31 Dec 20237.65m11.05%
Dimensional Fund Advisors LPas of 31 Dec 20233.30m4.76%
SSgA Funds Management, Inc.as of 31 Dec 20233.17m4.58%
LSV Asset Managementas of 31 Dec 20233.13m4.51%
Ares Management LLCas of 31 Dec 20232.70m3.90%
Fidelity Management & Research Co. LLCas of 31 Dec 20232.36m3.40%
Pacer Advisors, Inc.as of 31 Dec 20231.97m2.84%
Geode Capital Management LLCas of 31 Dec 20231.44m2.07%
American Century Investment Management, Inc.as of 31 Dec 20231.11m1.60%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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