CALIFORNIA RESOURCES CORPORATION Financials California Resources Corporation
Equities
CRC
US13057Q3056
Oil & Gas Exploration and Production
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 47.5 USD | +0.74% |
|
+0.32% | -13.13% |
| May. 31 | California Resources Insider Sold Shares Worth $2,630,095, According to a Recent SEC Filing | MT |
| May. 29 | US energy sector consolidation extends into 2024 | RE |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 3,434 | 3,167 | 3,752 | 3,255 | - | - |
| Enterprise Value (EV) 1 | 3,718 | 3,452 | 3,796 | 3,930 | 3,434 | 3,255 |
| P/E ratio | 5.8 x | 6.45 x | 7.03 x | 10.5 x | 7.61 x | 7.94 x |
| Yield | 0.4% | 1.82% | 2.12% | 2.61% | 2.61% | - |
| Capitalization / Revenue | 1.82 x | 1.17 x | 1.34 x | 1.11 x | 1.01 x | 1.13 x |
| EV / Revenue | 1.97 x | 1.28 x | 1.36 x | 1.34 x | 1.06 x | 1.13 x |
| EV / EBITDA | 4.32 x | 4.05 x | 4.4 x | 3.9 x | 2.5 x | 2.68 x |
| EV / FCF | 7.98 x | 11.1 x | 8.11 x | 7.33 x | 4.69 x | 5.55 x |
| FCF Yield | 12.5% | 9.01% | 12.3% | 13.6% | 21.3% | 18% |
| Price to Book | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 80,393 | 72,788 | 68,620 | 68,531 | - | - |
| Reference price 2 | 42.71 | 43.51 | 54.68 | 47.50 | 47.50 | 47.50 |
| Announcement Date | 2/24/22 | 2/24/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,634 | - | 1,889 | 2,707 | 2,801 | 2,938 | 3,228 | 2,883 |
| EBITDA 1 | 1,142 | - | 860 | 852 | 862 | 1,008 | 1,374 | 1,216 |
| EBIT 1 | 671 | - | 583 | 594 | 564 | 562 | 871 | 860 |
| Operating Margin | 25.47% | - | 30.86% | 21.94% | 20.14% | 19.13% | 26.98% | 29.83% |
| Earnings before Tax (EBT) 1 | 100 | 1,871 | 229 | 761 | 748 | 456.7 | - | - |
| Net income 1 | -28 | 1,766 | 612 | 524 | 564 | 355.6 | 613.5 | 539 |
| Net margin | -1.06% | - | 32.4% | 19.36% | 20.14% | 12.1% | 19.01% | 18.7% |
| EPS 2 | - | - | 7.370 | 6.750 | 7.780 | 4.543 | 6.240 | 5.980 |
| Free Cash Flow 1 | 159 | - | 466 | 311 | 468 | 536 | 732 | 587 |
| FCF margin | 6.04% | - | 24.67% | 11.49% | 16.71% | 18.24% | 22.68% | 20.36% |
| FCF Conversion (EBITDA) | 13.92% | - | 54.19% | 36.5% | 54.29% | 53.15% | 53.28% | 48.27% |
| FCF Conversion (Net income) | - | - | 76.14% | 59.35% | 82.98% | 150.75% | 119.32% | 108.91% |
| Dividend per Share 2 | - | - | 0.1700 | 0.7925 | 1.158 | 1.240 | 1.240 | - |
| Announcement Date | 2/26/20 | 3/11/21 | 2/24/22 | 2/24/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 634 | 628 | 747 | 1,125 | 682 | 1,024 | 591 | 460 | 726 | 454 | 501.7 | 1,021 | 960.7 | 929.2 | 886.8 |
| EBITDA 1 | 260 | 206 | 204 | 234 | 208 | 358 | 138 | 187 | 179 | 149 | 148 | 370.5 | 341.5 | 375 | 363 |
| EBIT 1 | 192 | 142 | 139 | 169 | 144 | 281 | 63 | 113 | 107 | 79 | 88.63 | 242.7 | 211 | 226.8 | 227.5 |
| Operating Margin | 30.28% | 22.61% | 18.61% | 15.02% | 21.11% | 27.44% | 10.66% | 24.57% | 14.74% | 17.4% | 17.67% | 23.77% | 21.96% | 24.4% | 25.65% |
| Earnings before Tax (EBT) 1 | 318 | - | 266 | 579 | 117 | 376 | 135 | -30 | 267 | -19 | 96.9 | 223 | 155.8 | 121.3 | 133.9 |
| Net income 1 | 714 | -175 | 190 | 426 | 83 | 301 | 97 | -22 | 188 | -10 | 62.6 | 169.4 | 133.5 | 134.6 | 135 |
| Net margin | 112.62% | -27.87% | 25.44% | 37.87% | 12.17% | 29.39% | 16.41% | -4.78% | 25.9% | -2.2% | 12.48% | 16.59% | 13.9% | 14.48% | 15.22% |
| EPS 2 | 8.710 | -2.230 | 2.410 | 5.580 | 1.110 | 4.090 | 1.350 | -0.3200 | 2.600 | -0.1400 | 0.8800 | 1.850 | 1.473 | 1.510 | 1.460 |
| Dividend per Share | - | - | - | - | - | - | - | - | 0.3100 | 0.3100 | - | - | - | - | - |
| Announcement Date | 2/24/22 | 5/5/22 | 8/3/22 | 11/3/22 | 2/24/23 | 5/2/23 | 7/31/23 | 11/1/23 | 2/27/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 4,960 | - | 284 | 285 | 44 | 675 | 179 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.343 x | - | 0.3302 x | 0.3345 x | 0.051 x | 0.6693 x | 0.1303 x | - |
| Free Cash Flow 1 | 159 | - | 466 | 311 | 468 | 536 | 732 | 587 |
| ROE (net income / shareholders' equity) | - | - | 43.3% | 21.6% | 27.6% | 38.9% | - | - |
| ROA (Net income/ Total Assets) | -0.4% | - | - | - | - | - | - | - |
| Assets 1 | 7,058 | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | - | 7.950 | 8.890 | 9.010 | 10.60 | 12.30 | 10.30 |
| Capex 1 | 455 | - | 194 | 379 | 185 | 271 | 382 | 339 |
| Capex / Sales | 17.27% | - | 10.27% | 14% | 6.6% | 9.24% | 11.82% | 11.76% |
| Announcement Date | 2/26/20 | 3/11/21 | 2/24/22 | 2/24/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
47.5
USD
Average target price
62
USD
Spread / Average Target
+30.53%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -13.13% | 3.26B | |
| +4.64% | 288B | |
| -3.51% | 131B | |
| +11.44% | 75.26B | |
| -0.63% | 69.07B | |
| -0.39% | 52.74B | |
| +2.34% | 45.31B | |
| -12.40% | 34.01B | |
| +22.71% | 33.94B | |
| +3.29% | 29.6B |
- Stock Market
- Equities
- CRC Stock
- Financials California Resources Corporation
