On Friday, California Resources Corporation (NYSE: CRC) opened higher 3.69% from the last session, before settling in for the closing price of $42.05. Price fluctuations for CRC have ranged from $38.02 to $60.41 over the past 52 weeks.
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Annual sales at Energy sector company grew by 7.53% over the past five years. Company’s average yearly earnings per share was noted -5.81% at the time writing. With a float of $74.75 million, this company’s outstanding shares have now reached $91.10 million.
Let’s look at the performance matrix of the company that is accounted for 1550 employees. In terms of profitability, gross margin is 81.75%, operating margin of 20.97%, and the pretax margin is 15.62%.
California Resources Corporation (CRC) Insider Updates
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of California Resources Corporation is 17.66%, while institutional ownership is 87.44%. The most recent insider transaction that took place on Mar 05 ’25, was worth 78,840. In this transaction Director of this company bought 2,000 shares at a rate of $39.42, taking the stock ownership to the 43,445 shares. Before that another transaction happened on Dec 12 ’24, when Company’s EVP – Operations sold 16,016 for $55.18, making the entire transaction worth $883,821. This insider now owns 30,940 shares in total.
California Resources Corporation (CRC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.81 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.81% per share during the next fiscal year.
California Resources Corporation (NYSE: CRC) Trading Performance Indicators
Check out the current performance indicators for California Resources Corporation (CRC). In the past quarter, the stock posted a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34. Likewise, its price to free cash flow for the trailing twelve months is 11.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.11, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 4.01 in one year’s time.
Technical Analysis of California Resources Corporation (CRC)
California Resources Corporation (NYSE: CRC) saw its 5-day average volume 0.99 million, a positive change from its year-to-date volume of 0.78 million. As of the previous 9 days, the stock’s Stochastic %D was 68.23%. Additionally, its Average True Range was 1.72.
During the past 100 days, California Resources Corporation’s (CRC) raw stochastic average was set at 24.93%, which indicates a significant decrease from 61.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.61% in the past 14 days, which was higher than the 37.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $48.29, while its 200-day Moving Average is $50.96. Nevertheless, the first resistance level for the watch stands at $44.02 in the near term. At $44.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $45.23. If the price goes on to break the first support level at $42.81, it is likely to go to the next support level at $42.03. Assuming the price breaks the second support level, the third support level stands at $41.60.
California Resources Corporation (NYSE: CRC) Key Stats
There are currently 90,778K shares outstanding in the company with a market cap of 3.96 billion. Presently, the company’s annual sales total 3,198 M according to its annual income of 376,000 K. Last quarter, the company’s sales amounted to 877,000 K and its income totaled 33,000 K.
