Q1 Earnings Forecast for CRC Issued By Capital One Financial

California Resources Co. (NYSE:CRC) – Research analysts at Capital One Financial issued their Q1 2025 EPS estimates for California Resources in a note issued to investors on Wednesday, January 8th. Capital One Financial analyst P. Johnston forecasts that the oil and gas producer will post earnings per share of $0.83 for the quarter. Capital One Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for California Resources’ current full-year earnings is $3.58 per share. Capital One Financial also issued estimates for California Resources’ Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $1.11 EPS, Q4 2025 earnings at $1.01 EPS and FY2026 earnings at $3.66 EPS.

California Resources (NYSE:CRC) last released its earnings results on Tuesday, November 5th. The oil and gas producer reported $1.50 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.62. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $973.13 million. California Resources had a net margin of 17.43% and a return on equity of 12.16%. The company’s quarterly revenue was up 194.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.02 earnings per share.

A number of other equities analysts have also weighed in on the stock. Jefferies Financial Group assumed coverage on shares of California Resources in a research report on Thursday, October 24th. They set a “buy” rating and a $64.00 price target on the stock. UBS Group initiated coverage on shares of California Resources in a research note on Wednesday, October 16th. They issued a “buy” rating and a $68.00 price target on the stock. JPMorgan Chase & Co. initiated coverage on shares of California Resources in a research note on Friday, December 20th. They issued a “neutral” rating and a $63.00 price target on the stock. Barclays boosted their price target on shares of California Resources from $55.00 to $57.00 and gave the company an “equal weight” rating in a research note on Thursday, October 3rd. Finally, StockNews.com raised shares of California Resources from a “sell” rating to a “hold” rating in a research note on Saturday, November 16th. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $66.09.

California Resources Stock Up 0.3 %

CRC stock opened at $52.78 on Friday. The stock has a market capitalization of $4.82 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.35 and a beta of 1.05. California Resources has a 52 week low of $43.09 and a 52 week high of $60.41. The firm has a 50-day simple moving average of $54.89 and a 200-day simple moving average of $52.47. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 0.32.

California Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a $0.3875 dividend. This represents a $1.55 annualized dividend and a dividend yield of 2.94%. The ex-dividend date of this dividend was Monday, December 2nd. California Resources’s dividend payout ratio (DPR) is presently 24.41%.

Insider Transactions at California Resources

In other California Resources news, VP Noelle M. Repetti sold 8,770 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $55.75, for a total transaction of $488,927.50. Following the sale, the vice president now directly owns 8,531 shares of the company’s stock, valued at $475,603.25. This trade represents a 50.69 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Omar Hayat sold 16,016 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $55.18, for a total transaction of $883,762.88. Following the sale, the executive vice president now directly owns 30,940 shares in the company, valued at $1,707,269.20. This represents a 34.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.03% of the company’s stock.

Institutional Investors Weigh In On California Resources

Several hedge funds have recently modified their holdings of CRC. GAMMA Investing LLC lifted its position in California Resources by 22.8% during the fourth quarter. GAMMA Investing LLC now owns 1,196 shares of the oil and gas producer’s stock valued at $62,000 after buying an additional 222 shares in the last quarter. Farther Finance Advisors LLC increased its stake in California Resources by 9.4% during the third quarter. Farther Finance Advisors LLC now owns 3,224 shares of the oil and gas producer’s stock valued at $169,000 after purchasing an additional 276 shares during the last quarter. KBC Group NV increased its stake in California Resources by 29.1% during the third quarter. KBC Group NV now owns 1,910 shares of the oil and gas producer’s stock valued at $100,000 after purchasing an additional 431 shares during the last quarter. Amalgamated Bank increased its stake in California Resources by 3.1% during the third quarter. Amalgamated Bank now owns 20,406 shares of the oil and gas producer’s stock valued at $1,071,000 after purchasing an additional 605 shares during the last quarter. Finally, AlphaMark Advisors LLC boosted its holdings in shares of California Resources by 10.9% during the third quarter. AlphaMark Advisors LLC now owns 6,658 shares of the oil and gas producer’s stock valued at $349,000 after acquiring an additional 652 shares during the period. 97.79% of the stock is owned by institutional investors and hedge funds.

About California Resources

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities.