California Resources Corp
NYSE:CRC
Intrinsic Value
California Resources Corp. is an independent oil and natural gas company committed to energy transition in the sector. [ Read More ]
The intrinsic value of one CRC stock under the Base Case scenario is 67.36 USD. Compared to the current market price of 54.15 USD, California Resources Corp is Undervalued by 20%.
Valuation Backtest
California Resources Corp
Run backtest to discover the historical profit from buying and selling CRC stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
California Resources Corp
Current Assets | 929m |
Cash & Short-Term Investments | 479m |
Receivables | 314m |
Other Current Assets | 136m |
Non-Current Assets | 3B |
Long-Term Investments | 15m |
PP&E | 2.8B |
Other Non-Current Assets | 218m |
Current Liabilities | 694m |
Accounts Payable | 224m |
Accrued Liabilities | 183m |
Other Current Liabilities | 287m |
Non-Current Liabilities | 1.2B |
Long-Term Debt | 589m |
Other Non-Current Liabilities | 619m |
Earnings Waterfall
California Resources Corp
Revenue
|
2.8B
USD
|
Cost of Revenue
|
-822m
USD
|
Gross Profit
|
2B
USD
|
Operating Expenses
|
-1.2B
USD
|
Operating Income
|
779m
USD
|
Other Expenses
|
-215m
USD
|
Net Income
|
564m
USD
|
Free Cash Flow Analysis
California Resources Corp
What is Free Cash Flow?
CRC Profitability Score
Profitability Due Diligence
California Resources Corp's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
Score
California Resources Corp's profitability score is 61/100. The higher the profitability score, the more profitable the company is.
CRC Solvency Score
Solvency Due Diligence
California Resources Corp's solvency score is 69/100. The higher the solvency score, the more solvent the company is.
Score
California Resources Corp's solvency score is 69/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CRC Price Targets Summary
California Resources Corp
According to Wall Street analysts, the average 1-year price target for CRC is 62.73 USD with a low forecast of 55.55 USD and a high forecast of 71.4 USD.
Ownership
CRC Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
CRC Price
California Resources Corp
Average Annual Return | 46.92% |
Standard Deviation of Annual Returns | 47% |
Max Drawdown | -24% |
Market Capitalization | 3.7B USD |
Shares Outstanding | 69 270 000 |
Percentage of Shares Shorted | 14.51% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
California Resources Corp. is an independent oil and natural gas company committed to energy transition in the sector. The company is headquartered in Long Beach, California and currently employs 970 full-time employees. The company went IPO on 2014-11-13. The firm has the lowest carbon intensity production in the United States, which is focused on land, mineral and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. The CCS project at the Elk Hills Field is referred to as Carbon TerraVault I. These projects inject CO2 from industrial sources into depleted underground oil and gas reservoirs and permanently store CO2 deep underground. The firm has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, and Sacramento Basin. San Joaquin Basin operates and develops approximately 44 fields and holds approximately 1.3 million net mineral acres in the San Joaquin Basin. Los Angeles Basin holds approximately 30,000 net mineral acres. Sacramento Basin operates approximately 53 fields.
Contact
IPO
Employees
Officers
The intrinsic value of one CRC stock under the Base Case scenario is 67.36 USD.
Compared to the current market price of 54.15 USD, California Resources Corp is Undervalued by 20%.