Professional
Added to YB: 2025-04-21
Pitch date: 2025-04-16
CRC [neutral]
California Resources Corporation
+37.02%
current return
Author Info
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Company Info
California Resources Corporation operates as an independent energy and carbon management company in the United States.
Market Cap
$4.1B
Pitch Price
$34.15
Price Target
N/A
Dividend
3.32%
EV/EBITDA
4.03
P/E
11.38
EV/Sales
1.42
Sector
Oil, Gas and Consumable Fuels
Category
value
Stock Sonar Report - April 16, 2025 - California Resources Corporation (CRC)
CRC (pass): Independent oil/gas in California with 10-year reserve life in long-term decline. Despite strong cash flow at 3.8x EV/EBITDA, aggressive share buybacks undermines long-term value. For depleting assets, dividends preferred over buybacks as repurchasing all shares still results in zero value.
Read full article (1 min)