Q2 Earnings Forecast for CRC Issued By Capital One Financial

California Resources Co. (NYSE:CRC) – Equities researchers at Capital One Financial decreased their Q2 2025 earnings per share estimates for shares of California Resources in a research note issued to investors on Wednesday, April 16th. Capital One Financial analyst P. Johnston now anticipates that the oil and gas producer will post earnings per share of $0.65 for the quarter, down from their previous estimate of $0.77. The consensus estimate for California Resources’ current full-year earnings is $3.85 per share. Capital One Financial also issued estimates for California Resources’ Q3 2025 earnings at $0.94 EPS, Q4 2025 earnings at $0.71 EPS and FY2026 earnings at $2.74 EPS.

CRC has been the topic of several other research reports. JPMorgan Chase & Co. started coverage on shares of California Resources in a report on Friday, December 20th. They set a “neutral” rating and a $63.00 target price on the stock. Royal Bank of Canada reduced their price objective on California Resources from $68.00 to $60.00 and set an “outperform” rating on the stock in a research note on Friday, April 11th. Truist Financial started coverage on California Resources in a research report on Monday, January 13th. They issued a “buy” rating and a $75.00 target price for the company. Citigroup downgraded California Resources from a “buy” rating to a “neutral” rating and dropped their target price for the company from $62.00 to $36.00 in a report on Monday, April 7th. Finally, Barclays decreased their price target on California Resources from $57.00 to $55.00 and set an “equal weight” rating for the company in a report on Wednesday, March 5th. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, California Resources currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.83.

California Resources Trading Up 3.0 %

NYSE CRC opened at $35.65 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.97. California Resources has a one year low of $30.97 and a one year high of $60.41. The company’s 50 day moving average price is $42.00 and its 200 day moving average price is $49.54. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of 5.61, a PEG ratio of 1.02 and a beta of 1.03.

California Resources (NYSE:CRC) last released its quarterly earnings data on Monday, March 3rd. The oil and gas producer reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.05). California Resources had a return on equity of 12.16% and a net margin of 17.43%. The firm had revenue of $877.00 million during the quarter, compared to analysts’ expectations of $901.36 million.

California Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Monday, March 10th were paid a dividend of $0.3875 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $1.55 dividend on an annualized basis and a yield of 4.35%. California Resources’s dividend payout ratio (DPR) is 37.71%.

Insiders Place Their Bets

In related news, Director James N. Chapman purchased 2,000 shares of California Resources stock in a transaction dated Wednesday, March 5th. The shares were acquired at an average price of $39.42 per share, with a total value of $78,840.00. Following the completion of the transaction, the director now owns 43,445 shares of the company’s stock, valued at approximately $1,712,601.90. This trade represents a 4.83 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.03% of the stock is owned by company insiders.

Institutional Trading of California Resources

Institutional investors and hedge funds have recently bought and sold shares of the company. Yousif Capital Management LLC grew its position in shares of California Resources by 0.7% in the 4th quarter. Yousif Capital Management LLC now owns 26,924 shares of the oil and gas producer’s stock worth $1,397,000 after acquiring an additional 196 shares in the last quarter. GAMMA Investing LLC lifted its stake in California Resources by 22.8% during the fourth quarter. GAMMA Investing LLC now owns 1,196 shares of the oil and gas producer’s stock worth $62,000 after purchasing an additional 222 shares during the last quarter. Arizona State Retirement System boosted its holdings in California Resources by 1.2% in the fourth quarter. Arizona State Retirement System now owns 18,199 shares of the oil and gas producer’s stock worth $944,000 after purchasing an additional 222 shares during the period. Summit Investment Advisors Inc. increased its stake in California Resources by 3.3% during the fourth quarter. Summit Investment Advisors Inc. now owns 7,217 shares of the oil and gas producer’s stock valued at $374,000 after purchasing an additional 228 shares during the last quarter. Finally, SummerHaven Investment Management LLC raised its holdings in shares of California Resources by 1.9% during the first quarter. SummerHaven Investment Management LLC now owns 15,335 shares of the oil and gas producer’s stock worth $674,000 after purchasing an additional 293 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

About California Resources

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities.