California Resources Corporation

Equities

CRC

US13057Q3056

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 01:30:02 18/05/2024 am IST			5-day change	1st Jan Change
49.4 ^USD	+0.30%		+1.27%	-9.66%

13/05	Mizuho Adjusts Price Target on California Resources to $64 From $63, Maintains Buy Rating	MT
08/05	Transcript : California Resources Corporation, Q1 2024 Earnings Call, May 08, 2024

California Resources Corporation Declares a Quarterly Cash Dividend, Payable on June 14, 2024

May 08, 2024 at 02:00 am IST

On May 7, 2024, California Resources Corporation's Board of Directors declared a quarterly cash dividend of $0.31 per share of common stock. The dividend is payable to shareholders of record on May 31, 2024 and will be paid on June 14, 2024.

Latest news about California Resources Corporation

Mizuho Adjusts Price Target on California Resources to $64 From $63, Maintains Buy Rating	13/05	MT
Transcript : California Resources Corporation, Q1 2024 Earnings Call, May 08, 2024	08/05
California Resources Q1 Adjusted Earnings, Operating Revenue Fall	08/05	MT
Earnings Flash (CRC) CALIFORNIA RESOURCES CORPORATION Reports Q1 EPS $0.75	08/05	MT
Earnings Flash (CRC) CALIFORNIA RESOURCES CORPORATION Reports Q1 Revenue $454M, vs. Street Est of $471M	08/05	MT
California Resources Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	08/05	CI
California Resources Corporation Announces Board Changes	08/05	CI
California Resources Corporation Provides Production Guidance for the Second Quarter and Full Year of 2024	08/05	CI
California Resources Corporation Declares a Quarterly Cash Dividend, Payable on June 14, 2024	08/05	CI
Stifel Adjusts Price Target on California Resources to $69 From $68, Maintains Buy Rating	23/04	MT
Barclays Initiates Coverage on California Resources With Equalweight Rating, $62 Price Target	10/04	MT
Mizuho Securities Adjusts Price Target on California Resources to $63 From $69, Maintains Buy Rating	22/03	MT
Stifel Cuts Price Target on California Resources to $68 From $72, Maintains Buy Rating	22/03	MT
California Resources Corporation Enters into Third Amendment to Amended and Restated Credit Agreement	12/03	CI
Roth MKM Cuts Price Target on California Resources to $56 From $58, Keeps Buy Rating	11/03	MT
Sector Update: Energy Stocks Mixed in Late Afternoon Trading	09/03	MT
Sector Update: Energy Stocks Narrowly Mixed in Friday Afternoon Trading	09/03	MT
California Resources Still Plans to Execute Capital, Drilling Programs	08/03	MT
RBC Cuts Price Target on California Resources to $65 From $70 Amid Uncertainty Over Oil & Gas Permit, Keeps Outperform Rating	08/03	MT
Transcript : California Resources Corporation, Q4 2023 Earnings Call, Feb 28, 2024	28/02
California Resources Q4 Earnings Fall, Revenue Rises; Dividend Maintained	28/02	MT
Earnings Flash (CRC) CALIFORNIA RESOURCES CORPORATION Posts Q4 Revenue $726M, vs. Street Est of $557.8M	28/02	MT
Earnings Flash (CRC) CALIFORNIA RESOURCES CORPORATION Posts Q4 EPS $0.93	28/02	MT
California Resources Corporation Provides Production Guidance for the First Quarter and Full Year of 2024	28/02	CI
California Resources Corporation Declares Quarterly Cash Dividend, Payable on March 18, 2024	28/02	CI

Chart California Resources Corporation

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Company Profile

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.

Sector

Oil & Gas Exploration and Production

Calendar

01/08/2024 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for California Resources Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

49.4 USD

Average target price

63 USD

Spread / Average Target

+27.53%

Consensus

EPS Revisions

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Sector Other Oil & Gas Exploration and Production

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WOODSIDE ENERGY GROUP LTD	-11.43%	3.49TCr

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