Should Value Investors Buy California Resources (CRC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
California Resources to Divest Uinta Basin Assets for $90 Million
CRC plans to sell its non-core Uinta Basin assets for about $90 million, freeing cash to support its California-focused strategy and capital allocation.
Why Is California Resources (CRC) Up 2.7% Since Last Earnings Report?
California Resources (CRC) reported earnings 30 days ago. What's next for the stock?
California Resources Completes $63M Acquisition of Crimson Midstream
CRC's $63 million Crimson acquisition expands its California pipeline network, boosting transport flexibility while opening potential CO2 infrastructure options.
CRC Down 14.1% in 3 Months: Can Cost Gains Turn It Around?
California Resources is cutting costs and improving drilling efficiency, but weaker estimates and market-access uncertainty continue to weigh on shares.
Is CRC Stock Worth Buying Despite Its Premium Valuation?
California Resources Corporation is cutting costs and improving well productivity, but a rich valuation and falling 2026 estimates keep the investment case mixed.
Can CRC's $63M Crimson Deal Ease California Constraints?
California Resources Corporation is adding pipelines, storage and market access after Q2 bottlenecks hurt realizations and raised transport costs.
CRC Q2 Earnings Miss on Takeaway Constraints, Revenues Beat
CRC's revenues surge 50.4% as Berry synergies, drilling gains and midstream expansion support growth despite weaker differentials.
California Resources: Executing On Strategic Priorities But Hedges Sap Away Earnings Power
California Resources delivered a solid quarter, but hedging limited upside from strong commodity prices, resulting in underwhelming bottom-line growth. The company executed strategic initiatives: commencing CO2 injection operations, acquiring Crimson midstream assets, and optimizing Berry acquisition synergies and refinancing. Despite the 'California Discount,' California Resources remains a value play, with carbon sequestration offering significant new revenue potential and a competitive dividend.
California Resources Corporation (CRC) Q2 2026 Earnings Call Transcript
California Resources Corporation (CRC) Q2 2026 Earnings Call Transcript
California Resources Q2 Earnings Call Highlights
California Resources NYSE: CRC reported second-quarter results marked by operational efficiency gains, early delivery of Berry-related synergies, and progress in expanding its midstream, carbon management and power businesses.
California Resources Corporation (CRC) Q2 Earnings Lag Estimates
California Resources Corporation (CRC) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.1 per share a year ago.
