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CRC
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CRC stock forecast, quote, news & analysis

California Resources Corp is an independent oil and natural gas exploration and production company... Show more

CRC
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Gain/Loss:
A.I.Advisor
published price charts

Why Is California Resources Corporation (CRC) Stock Up +1.39% Today?

Key Takeaways

  • CRC shares rose 1.39% to close at $70.13 from the previous close of $69.17.
  • Primary catalyst: Strong Q1 2026 earnings with adjusted EPS of $0.88 beating estimates, revenue of $967 million topping expectations, and raised full-year adjusted EBITDAX guidance by 42% to $1,400-$1,500 million midpoint.
  • Secondary drivers: Increased 2026 capital budget to accelerate drilling, targeting 175 MBoe/d production exit rate, and quarterly dividend declaration of $0.405 per share.
  • Volume reached 822,200 shares, below the average of approximately 940,000, indicating moderate trading interest.
  • Move outperformed the energy sector, where XLE ETF dipped slightly.
  • Traders watch the May 6 earnings conference call for further guidance details and carbon management updates.

Opening Summary

California Resources Corporation (CRC), an independent energy company focused on oil and natural gas production in California alongside carbon management initiatives, saw its stock advance 1.39%. Shares closed at $70.13, up from the prior session's $69.17. The gain followed the release of better-than-expected first-quarter results after market close on May 5, highlighting robust operational performance amid favorable oil prices.

Earnings Results

California Resources delivered adjusted net income of $79 million, or $0.88 per diluted share, surpassing analyst consensus. Total operating revenues hit $967 million, exceeding forecasts, driven by average net production of 154 MBoe/d (81% oil) at realized oil prices of $74.53 per barrel. Despite a GAAP net loss from non-cash derivative fair-value adjustments, adjusted EBITDAX reached $304 million, underscoring underlying strength from higher oil realizations and merger synergies.

Raised Guidance and Capital Allocation

The company boosted its 2026 outlook significantly, lifting adjusted EBITDAX guidance by 42% to $1,400-$1,500 million, fueled by elevated oil prices, expanded drilling, and $90-$100 million in annual Berry merger synergies. Capital spending rose to $520-$560 million, supporting a five-rig program and a 175 MBoe/d year-end production target. This positions CRC for entry-to-exit growth while advancing carbon capture projects like CO2 injection at Elk Hills.

Shareholder Returns

Reinforcing capital discipline, CRC's board declared a $0.405 per share quarterly dividend, payable June 18 to shareholders of record May 29. This reflects ongoing commitment to returns, with $36 million distributed in Q1 amid $1.276 billion liquidity.

Market Context and Trading Activity

Trading volume of 822,200 shares trailed the 940,000 average, suggesting measured reaction post-earnings. CRC's advance diverged positively from the energy sector, as the XLE ETF closed flat to slightly lower around 59.45 from 59.39 prior. The stock traded above key moving averages, with the session high at $70.44 testing recent 52-week peaks near $71.98, signaling bullish technical momentum.

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What Comes Next for CRC

Investors await the May 6 conference call for deeper insights into guidance execution, drilling ramps, and CCS progress. Upcoming catalysts include Q2 production updates, oil price sensitivity, and regulatory developments in California energy policy. Analyst consensus eyes sustained output growth, though volatility from commodity swings and merger integration persists as key risks.

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full Disclaimers and Limitations.

A.I.Advisor
a Summary for CRC with price predictions
Jun 18, 2026

CRC's Indicator enters downward trend

The Aroon Indicator for CRC entered a downward trend on June 18, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 142 similar instances where the Aroon Indicator formed such a pattern. In of the 142 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 04, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CRC as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CRC turned negative on June 09, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for CRC crossed bearishly below the 50-day moving average on May 12, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 20 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CRC advanced for three days, in of 328 cases, the price rose further within the following month. The odds of a continued upward trend are .

CRC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.683) is normal, around the industry mean (6.948). P/E Ratio (16.899) is within average values for comparable stocks, (46.197). Projected Growth (PEG Ratio) (0.260) is also within normal values, averaging (4.960). Dividend Yield (0.029) settles around the average of (0.060) among similar stocks. P/S Ratio (1.385) is also within normal values, averaging (5.537).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 74, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CRC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Dividends

CRC paid dividends on June 18, 2026

California Resources Corp CRC Stock Dividends
А dividend of $0.41 per share was paid with a record date of June 18, 2026, and an ex-dividend date of May 29, 2026. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), Canadian Natural Resources Limited (NYSE:CNQ), EOG Resources (NYSE:EOG), Diamondback Energy (NASDAQ:FANG), Occidental Petroleum Corp (NYSE:OXY), Devon Energy Corp (NYSE:DVN), EQT Corp (NYSE:EQT), Expand Energy Corporation (NASDAQ:EXE), APA Corp (NASDAQ:APA), ANTERO RESOURCES Corp (NYSE:AR).

Industry description

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

Market Cap

The average market capitalization across the Oil & Gas Production Industry is 9.02B. The market cap for tickers in the group ranges from 3.28K to 131.26B. COP holds the highest valuation in this group at 131.26B. The lowest valued company is PSTRQ at 3.28K.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Production Industry was -6%. For the same Industry, the average monthly price growth was -15%, and the average quarterly price growth was 16%. CKX experienced the highest price growth at 9%, while BATL experienced the biggest fall at -39%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Production Industry was -50%. For the same stocks of the Industry, the average monthly volume growth was 9% and the average quarterly volume growth was -22%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 53
Price Growth Rating: 61
SMR Rating: 74
Profit Risk Rating: 74
Seasonality Score: -46 (-100 ... +100)
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published General Information

General Information

an oil and natural gas exploration and production company

Industry OilGasProduction

Profile
Details
Industry
Oil And Gas Production
Address
1 World Trade Center
Phone
+1 888 848-4754
Employees
970
Web
https://www.crc.com
Why Is California Resources Corporation (CRC) Stock Up +1.39% Today?