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California Resources (CRC)

(Delayed Data from NYSE)

$50.96 USD

50.96
467,682

-0.16 (-0.31%)

Updated Jul 29, 2024 04:00 PM ET

After-Market: $50.96 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 32% (171 out of 251)

Industry: Oil and Gas - Exploration and Production - United States

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Balance Sheet

Research for CRC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for California Resources Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 496 307 305 28 17
Receivables 235 359 245 177 277
Notes Receivable 0 0 0 0 0
Inventories 72 60 60 61 67
Other Current Assets 126 138 143 63 130
Total Current Assets 929 864 753 329 491
Net Property & Equipment 2,770 2,786 2,599 2,655 6,352
Investments & Advances 19 13 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 132 164 396 0 0
Intangibles 0 0 0 0 0
Deposits & Other Assets 148 140 98 90 115
Total Assets 3,998 3,967 3,846 3,074 6,958
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 245 345 266 212 296
Current Portion Long-Term Debt 0 0 0 0 100
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 358 298 297 261 313
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 13 251 291 0 0
Total Current Liabilities 616 894 854 473 709
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 146
Convertible Debt 0 0 0 0 0
Long-Term Debt 540 592 589 597 4,877
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 623 617 715 822 720
Minority Interest (Liabilities) 0 0 0 0 802
Total Liabilities 1,779 2,103 2,158 1,892 7,254
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 1 0
Capital Surplus 1,329 1,305 1,288 1,268 5,004
Retained Earnings 1,419 938 475 -123 -5,370
Other Equity 74 81 72 36 70
Treasury Stock 604 461 148 0 0
Total Shareholder's Equity 2,219 1,864 1,688 1,182 -296
Total Liabilities & Shareholder's Equity 3,998 3,967 3,846 3,074 6,958
Total Common Equity 2,219 1,864 1,688 1,182 -296
Shares Outstanding 68.60 73.40 80.30 83.30 NA
Book Value Per Share 32.35 25.40 21.02 14.19 0.00

Fiscal Year End for California Resources Corporation falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 403 496 479 448
Receivables NA 258 235 269 212
Notes Receivable NA 0 0 0 0
Inventories NA 70 72 71 69
Other Current Assets NA 108 126 110 138
Total Current Assets NA 839 929 929 867
Net Property & Equipment NA 2,793 2,770 2,722 2,745
Investments & Advances NA 16 19 15 14
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 139 132 150 108
Intangibles NA 0 0 0 0
Deposits & Other Assets NA 123 148 136 166
Total Assets NA 3,910 3,998 3,952 3,900
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 251 245 224 206
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 338 358 362 299
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 5 13 108 77
Total Current Liabilities NA 594 616 694 582
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 541 540 589 593
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 623 619 615
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 1,817 1,779 1,902 1,790
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 1,295 1,329 1,324 1,317
Retained Earnings NA 1,387 1,419 1,253 1,295
Other Equity NA 72 74 76 81
Treasury Stock NA 662 604 604 584
Total Shareholder's Equity NA 2,093 2,219 2,050 2,110
Total Liabilities & Shareholder's Equity NA 3,910 3,998 3,952 3,900
Total Common Equity 0 2,093 2,219 2,050 2,110
Shares Outstanding 68.50 68.50 68.60 68.60 68.90
Book Value Per Share 0.00 30.55 32.35 29.88 30.62