CRC or RRC: Which Is the Better Value Stock Right Now?
Investors interested in Oil and Gas - Exploration and Production - United States stocks are likely familiar with California Resources Corporation (CRC) and Range Resources (RRC). But which of these two stocks presents investors with the better value opportunity right now?
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.
After Plunging -5.28% in 4 Weeks, Here's Why the Trend Might Reverse for California Resources (CRC)
California Resources (CRC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Bet on Energy With 4 U.S. Upstream Oil & Gas Stocks
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise buying shares of EOG, LNG, CRC and GPOR.
California Resources Stock Could Be a Huge Long-Term Winner
With all the talk around AI and data centers, markets have been swooning over companies that can provide one key resource to power these trends: electricity. AI workloads run on data centers that need a lot of electricity.
California Resources Corporation (CRC) Q3 2024 Earnings Call Transcript
California Resources Corporation (NYSE:CRC ) Q3 2024 Earnings Conference Call November 6, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations and Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President and CCO Omar Hayat - Executive Vice President, Operations Conference Call Participants Scott Hanold - RBC Capital Markets Kalei Akamine - Bank of America Betty Jiang - Barclays David Deckelbaum - TD Cowen Josh Silverstein - UBS Scott Gruber - Citigroup Leo Mariani - ROTH Michael Scialla - Stephens Noel Parks - Tuohy Brothers Operator Good day. And welcome to the California Resources Corporation Third Quarter 2024 Conference Call.
California Resources Corporation (CRC) Q3 Earnings and Revenues Surpass Estimates
California Resources Corporation (CRC) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.02 per share a year ago.
California Resources Has 'Unique Exposure' To Meet Power Demand, Says Bullish Analyst On Heels Of Aera Merger
Last month, California Resources Corp CRC completed its all-stock merger with Aera Energy, in a deal valued at $2.1 billion.
California Resources Corporation (CRC) Q2 2024 Earnings Call Transcript
California Resources Corporation (NYSE:CRC ) Q2 2024 Earnings Conference Call August 7, 2024 1:00 PM ET Company Participants Joanna Park - Vice President, Investor Relations & Treasurer Francisco Leon - Chief Executive Officer Nelly Molina - Chief Financial Officer Jay Bys - Executive Vice President & Chief Commercial Officer Conference Call Participants Scott Hanold - RBC Kalei Akamine - Bank of America Betty Jiang - Barclays Scott Gruber - Citigroup Kevin MacCurdy - Pickering Energy Partners David Deckelbaum - TD Cowen Leo Mariani - ROTH Noel Parks - Tuohy Brothers Investment Research Operator Good day, and welcome to the California Resources Corporation Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
New Strong Sell Stocks for August 7th
IPGP, CRC and CUYTY have been added to the Zacks Rank #5 (Strong Sell) List on August 7, 2024.
California Resources Corporation (CRC) Misses Q2 Earnings and Revenue Estimates
California Resources Corporation (CRC) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.53 per share a year ago.
California Resources (CRC) Concludes Merger With Aera Energy
California Resources (CRC) expects capital expenditure to be in the $170-$210 million range for the combined entity and net daily production in the band of 140-146 mboe per day for second-half 2024.
