California Resources Net Worth
California Resources Net Worth Breakdown | CRC |
California Resources Net Worth Analysis
California Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including California Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of California Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform California Resources' net worth analysis. One common approach is to calculate California Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares California Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing California Resources' net worth. This approach calculates the present value of California Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of California Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate California Resources' net worth. This involves comparing California Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into California Resources' net worth relative to its peers.
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To determine if California Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding California Resources' net worth research are outlined below:
| California Resources generated a negative expected return over the last 90 days | |
| California Resources Corp has 1.22 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. California Resources Corp has a current ratio of 0.69, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for California to invest in growth at high rates of return. | |
| Over 96.0% of California Resources shares are held by institutions such as insurance companies | |
| Latest headline from simplywall.st: California Resources Insider Lowered Holding By 57 percent During Last Year |
California Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in California Resources Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to California Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
California Resources Target Price Consensus
California target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. California Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 13 | Strong Buy |
Most California analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand California stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of California Resources Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationCalifornia Resources Target Price Projection
California Resources' current and average target prices are 43.76 and 68.62, respectively. The current price of California Resources is the price at which California Resources Corp is currently trading. On the other hand, California Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
California Resources Market Quote on 24th of March 2025
Target Price
Analyst Consensus On California Resources Target Price
Know California Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as California Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading California Resources Corp backward and forwards among themselves. California Resources' institutional investor refers to the entity that pools money to purchase California Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-12-31 | 1.6 M | Orbis Allan Gray Ltd | 2024-12-31 | 1.2 M | Ubs Group Ag | 2024-12-31 | 1.2 M | Sourcerock Group Llc | 2024-12-31 | 1.1 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1 M | Victory Capital Management Inc. | 2024-12-31 | 1 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2024-12-31 | 882.9 K | Northern Trust Corp | 2024-12-31 | 854.7 K | Private Management Group Inc | 2024-12-31 | 797.2 K | Blackrock Inc | 2024-12-31 | 11.2 M | Canada Pension Plan Investment Board | 2024-12-31 | 10.5 M |
Follow California Resources' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.97 B.Market Cap |
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Project California Resources' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.14 | 0.14 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.11 | 0.10 |
When accessing California Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures California Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of California Resources' profitability and make more informed investment decisions.
Please note, the presentation of California Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, California Resources' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of California Resources' management manipulating its earnings.
Evaluate California Resources' management efficiency
California Resources Corp has Return on Asset of 0.0764 % which means that on every $100 spent on assets, it made $0.0764 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1306 %, implying that it generated $0.1306 on every 100 dollars invested. California Resources' management efficiency ratios could be used to measure how well California Resources manages its routine affairs as well as how well it operates its assets and liabilities. At present, California Resources' Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.07, whereas Return On Equity is forecasted to decline to 0.10. At present, California Resources' Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 596.4 M, whereas Non Currrent Assets Other are forecasted to decline to about 74.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 44.62 | 48.44 | |
| Tangible Book Value Per Share | 45.30 | 48.50 | |
| Enterprise Value Over EBITDA | 5.01 | 5.26 | |
| Price Book Value Ratio | 1.16 | 1.22 | |
| Enterprise Value Multiple | 5.01 | 5.26 | |
| Price Fair Value | 1.16 | 1.22 | |
| Enterprise Value | 3 B | 2.8 B |
The strategic initiatives led by California Resources' management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 1.6437 | Revenue | Quarterly Revenue Growth 0.587 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific California Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on California Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases California Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
California Resources Corporate Filings
| 19th of March 2025 Other Reports | ViewVerify | |
F4 | 6th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 3rd of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 14th of February 2025 Other Reports | ViewVerify |
California Resources Earnings per Share Projection vs Actual
California Resources Corporate Directors
| Avedick Poladian | Independent Director | Profile | |
| Harold Korell | Lead Independent Director | Profile | |
| Justin Gannon | Independent Director | Profile | |
| Julio Quintana | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Resources Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Resources. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Dividend Share 1.395 | Earnings Share 4.62 | Revenue Per Share | Quarterly Revenue Growth 0.587 |
The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources' value that differs from its market value or its book value, called intrinsic value, which is California Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Resources' market value can be influenced by many factors that don't directly affect California Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if California Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.