California Stock Analysis

CRC -  USA Stock  

USD 31.19  1.41  4.33%

The current price rise of California Resources Corp could raise concerns from investors as the firm it trading at a share price of 31.19 on 616,727 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.06. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from California Resources partners.
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The California Resources stock analysis report makes it easy to digest most publicly released information about California Resources and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. California stock analysis module also helps to analyze the California Resources price relationship with some important fundamental indicators such as market cap and management efficiency.

California Stock Analysis Notes

About 83.0% of the company shares are held by institutions such as insurance companies. The book value of California Resources was currently reported as 12.56. The company has Price/Earnings To Growth (PEG) ratio of 0.01. California Resources Corp recorded earning per share (EPS) of 56.36. The entity next dividend is scheduled to be issued on the 8th of September 2015. The firm had 1:10 split on the 1st of June 2016. California Resources Corporation operates as an independent oil and natural gas exploration and production company in the State of California. The company was founded in 2014 and is based in Santa Clarita, California. California Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1000 people. For more info on California Resources Corp please contact Todd Stevens at 888 848 4754 or go to http://www.crc.com.

California Resources Quarterly Cost of Revenue

261 MillionShare

California Resources Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. California Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding California Resources Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
California Resources appears to be risky and price may revert if volatility continues
California Resources Corp was previously known as CALIFORNIA RESOURCES CORP and was traded on OTC Exchange under the symbol CRCQW.
The company has 632 M in debt with debt to equity (D/E) ratio of 0.58, which is OK given its current industry classification. California Resources Corp has a current ratio of 0.73, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
California Resources has a poor financial position based on the latest SEC disclosures
Over 83.0% of California Resources shares are held by institutions such as insurance companies

California Resources SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. California Resources prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that California Resources investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial California Resources Corp specific information freely available to individual and institutional investors to make a timely investment decision.
27th of May 2021
Unclassified Corporate Event
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25th of May 2021
Unclassified Corporate Event
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20th of May 2021
Unclassified Corporate Event
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13th of May 2021
Financial Statements and Exhibits. Submission of Matters to a Vote of Security Holders. Results of Operations and Financial Condition
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10th of May 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
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6th of May 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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19th of April 2021
Unclassified Corporate Event
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12th of April 2021
Unclassified Corporate Event
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California Resources Thematic Classifications

In addition to having California Resources stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Petroleum and Natural IdeaPetroleum and Natural
USA Equities from Petroleum and Natural industry as classified by Fama & French

California Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 2.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate California Resources's market, we take the total number of its shares issued and multiply it by California Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

California Profitablity

California Resources' profitability indicators refer to fundamental financial ratios that showcase California Resources' ability to generate income relative to its revenue or operating costs. If, let's say, California Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, California Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of California Resources' profitability requires more research than a typical breakdown of California Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 205.09 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 18.57 %, which entails that for every 100 dollars of revenue, it generated 0.19 of operating income.
Last ReportedProjected for 2021
Return on Investment 8.15  8.79 
Return on Average Assets(0.0036) (0.003695) 
Return on Average Equity 0.08  0.09 
Return on Invested Capital 0.0297  0.0295 
Return on Sales 0.13  0.15 

Management Efficiency

The entity has Return on Asset of 0.29 % which means that on every $100 spent on asset, it made $0.29 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 221.68 %, implying that it generated $221.68 on every 100 dollars invested. California Resources management efficiency ratios could be used to measure how well california resources corp manages its routine affairs as well as how well it operates its assets and liabilities. California Resources Return on Investment is projected to slightly grow based on the last few years of reporting. The past year's Return on Investment was at 8.15. The current year Return on Average Equity is expected to grow to 0.09, whereas Return on Average Assets are forecasted to decline to (0.003695) . California Resources Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 8 Billion. The current year Current Assets is expected to grow to about 608.7 M, whereas Revenue to Assets are forecasted to decline to 0.32.
Last ReportedProjected for 2021
Book Value per Share(7.17) (7.74) 
Enterprise Value over EBIT 17.25  19.69 
Enterprise Value over EBITDA 7.53  6.19 
Price to Book Value(1.03) (1.11) 
Tangible Assets Book Value per Share 128.32  128.53 
Enterprise Value6.2 B6.4 B
Tangible Asset ValueB8.1 B

Technical Drivers

As of the 17th of June 2021, California Resources shows the Downside Deviation of 2.66, mean deviation of 2.14, and Risk Adjusted Performance of 0.0908. California Resources Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for California Resources Corp, which can be compared to its rivals. Please confirm California Resources Corp treynor ratio, and the relationship between the variance and potential upside to decide if California Resources Corp is priced correctly, providing market reflects its regular price of 31.19 per share. Given that California Resources has jensen alpha of 0.4233, we suggest you to validate California Resources Corp's prevailing market performance to make sure the company can sustain itself at a future point.

California Resources Corp Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of California Resources Corp more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

California Resources Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific California Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on California Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases California Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Todd Stevens over a year ago via Macroaxis 
Acquisition by Todd Stevens of 666667 shares of California Resources subject to Rule 16b-3
Roy Pineci over a year ago via Macroaxis 
Payment of 5044 shares by Roy Pineci of California Resources subject to Rule 16b-3
Robert Barnes over a year ago via Macroaxis 
Purchase by Robert Barnes of 2450 shares of California Resources
Darren Williams over a year ago via Macroaxis 
Exercise or conversion by Darren Williams of 7635 shares of California Resources subject to Rule 16b-3
Francisco Leon over a year ago via Macroaxis 
Exercise or conversion by Francisco Leon of 5453 shares of California Resources subject to Rule 16b-3
Francisco Leon over a year ago via Macroaxis 
Acquisition by Francisco Leon of 30212 shares of California Resources subject to Rule 16b-3
Roy Pineci over a year ago via Macroaxis 
Acquisition by Roy Pineci of 13440 shares of California Resources subject to Rule 16b-3
Francisco Leon over a year ago via Macroaxis 
Payment of 1981 shares by Francisco Leon of California Resources subject to Rule 16b-3
William Albrecht over a year ago via Macroaxis 
Acquisition by William Albrecht of 11128 shares of California Resources subject to Rule 16b-3
Roy Pineci over a year ago via Macroaxis 
Exercise or conversion by Roy Pineci of 7271 shares of California Resources subject to Rule 16b-3
Shawn Kerns over a year ago via Macroaxis 
Acquisition by Shawn Kerns of 25082 shares of California Resources subject to Rule 16b-3
Roy Pineci over a year ago via Macroaxis 
Exercise or conversion by Roy Pineci of 7271 shares of California Resources subject to Rule 16b-3

California Resources Predictive Daily Indicators

California Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of California Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

California Resources Forecast Models

California Resources time-series forecasting models is one of many California Resources' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary California Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About California Resources Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how California Resources stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling California shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as California Resources. By using and applying California Stock analysis, traders can create a robust methodology for identifying California entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 18.73  15.14 
EBITDA Margin 0.29  0.34 
Gross Margin 0.76  0.75 
Profit Margin(0.0099) (0.0102) 
California Resources Corporation operates as an independent oil and natural gas exploration and production company in the State of California. The company was founded in 2014 and is based in Santa Clarita, California. California Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1000 people.

Current California Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. California analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. California analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
1.1Sell2Odds
California Resources Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most California analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand California stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of California Resources Corp, talking to its executives and customers, or listening to California conference calls.
California Analyst Advice Details

California Stock Analysis Indicators

California Resources Corp stock analysis indicators help investors evaluate how California Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading California Resources shares will generate the highest return on investment. By understating and applying California Resources stock analysis, traders can identify California Resources position entry and exit signals to maximize returns.
Quick Ratio0.60
Fifty Two Week Low10.99
Revenue Growth16.60%
Average Daily Volume Last 10 Day1.17M
Shares Short Prior Month729.84k
Average Daily Volume In Three Month466.58k
Shares Percent Shares Out1.32%
Gross Margins49.79%
Forward Price Earnings-4.99
Short Percent Of Float3.99%
Float Shares44.3M
Fifty Two Week High34.09
Fifty Day Average27.01
Enterprise Value To Ebitda10.34
Two Hundred Day Average24.64
Implied Shares Outstanding83.32M
Enterprise Value To Revenue1.92
Continue to Trending Equities. Note that the California Resources Corp information on this page should be used as a complementary analysis to other California Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for California Resources Stock analysis

When running California Resources Corp stock analysis, check to measure California Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy California Resources is operating at the current time. Most of California Resources' stock examination focuses on studying past and present price action to predict the probability of California Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move California Resources' price. Additionally, you may evaluate how the addition of California Resources to your portfolios can decrease your overall portfolio volatility.
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The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources stock's value that differs from its market value or its book value, called intrinsic value, which is California Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Resources' market value can be influenced by many factors that don't directly affect California Resources Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Resources' stock value and its price as these two are different measures arrived at by different means. Investors typically determine California Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Resources' stock price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.