California Resources Corporation

California Resources Corporationverified

CRC

Price:

$50.67

Market Cap:

$4.54B

California Resources Corporation operates as an independent oil and natural gas company. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2021, it had interests in approximately 1.9 million net mineral acres with proved reserves totaled an estimated 480 million barrels of oil equivalent. The company also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.[Read more]

Industry

Oil & Gas Exploration & Production

IPO Date

2020-10-28

Stock Exchange

NYSE

Ticker

CRC

The Enterprise Value as of September 2024 (TTM) for California Resources Corporation (CRC) is 4.74B

According to California Resources Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 4.74B. This represents a change of 22.11% compared to the average of 3.88B of the last 4 quarters.

California Resources Corporation (CRC) Historical Enterprise Value (quarterly & annually)

How has CRC Enterprise Value performed in the past?

The mean historical Enterprise Value of California Resources Corporation over the last ten years is 5.32B. The current 4.74B Enterprise Value has changed 8.82% with respect to the historical average. Over the past ten years (40 quarters), CRC's Enterprise Value was at its highest in in the March 2015 quarter at 35.55B. The Enterprise Value was at its lowest in in the March 2021 quarter at 2.50B.

Quarterly (TTM)
Annual

Average

5.32B

Median

5.76B

Minimum

2.58B

Maximum

8.45B

California Resources Corporation (CRC) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of California Resources Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 111.20%

Maximum Annual Enterprise Value = 8.45B

Minimum Annual Increase = -52.88%

Minimum Annual Enterprise Value = 2.58B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20233.92B7.68%
20223.64B-5.07%
20213.83B48.81%
20202.58B-52.88%
20195.47B-9.49%
20186.04B-1.15%
20176.11B-0.07%
20166.12B-12.92%
20157.02B-16.89%
20148.45B111.20%

California Resources Corporation (CRC) Average Enterprise Value

How has CRC Enterprise Value performed in the past?

The current Enterprise Value of California Resources Corporation (CRC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

3.80B

5-year avg

3.89B

10-year avg

5.32B

California Resources Corporation (CRC) Enterprise Value vs. Peers

How is CRC’s Enterprise Value compared to its peers?

California Resources Corporation’s Enterprise Value is greater than Berry Corporation (844.13M), greater than Magnolia Oil & Gas Corporation (4.66B), less than Comstock Resources, Inc. (5.85B), greater than Gulfport Energy Corporation (3.33B), greater than Evolution Petroleum Corporation (178.05M), greater than GeoPark Limited (855.41M), greater than Granite Ridge Resources, Inc (964.69M), greater than PHX Minerals Inc. (160.88M), greater than Epsilon Energy Ltd. (104.17M), less than CNX Resources Corporation (6.64B), less than Civitas Resources, Inc. (10.06B), less than Matador Resources Company (8.19B), less than Chord Energy Corporation (9.22B), greater than SilverBow Resources, Inc. (2.04B), greater than North European Oil Royalty Trust (44.98M),

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Frequently asked questions❓

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