Capital One Financial Has Strong Outlook for CRC Q2 Earnings

California Resources Co. (NYSE:CRC) – Stock analysts at Capital One Financial upped their Q2 2025 earnings estimates for California Resources in a research note issued on Tuesday, March 4th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings per share of $0.95 for the quarter, up from their prior forecast of $0.64. Capital One Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for California Resources’ current full-year earnings is $3.85 per share. Capital One Financial also issued estimates for California Resources’ Q3 2025 earnings at $1.24 EPS, Q4 2025 earnings at $1.00 EPS, FY2025 earnings at $3.93 EPS and FY2026 earnings at $3.68 EPS.

CRC has been the subject of several other research reports. JPMorgan Chase & Co. started coverage on shares of California Resources in a research report on Friday, December 20th. They set a “neutral” rating and a $63.00 price objective for the company. Truist Financial assumed coverage on California Resources in a report on Monday, January 13th. They set a “buy” rating and a $75.00 target price for the company. Barclays cut their price target on California Resources from $57.00 to $55.00 and set an “equal weight” rating on the stock in a report on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and set a $70.00 price objective on shares of California Resources in a report on Tuesday, January 14th. Finally, StockNews.com raised California Resources from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. Three analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.08.

California Resources Trading Up 1.5 %

NYSE:CRC opened at $40.89 on Thursday. The business’s 50-day simple moving average is $49.34 and its 200-day simple moving average is $51.96. California Resources has a fifty-two week low of $38.02 and a fifty-two week high of $60.41. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.97 and a quick ratio of 0.89. The stock has a market capitalization of $3.74 billion, a PE ratio of 6.44, a price-to-earnings-growth ratio of 1.02 and a beta of 1.06.

California Resources (NYSE:CRC) last posted its earnings results on Monday, March 3rd. The oil and gas producer reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.05). California Resources had a net margin of 17.43% and a return on equity of 12.16%. The business had revenue of $877.00 million during the quarter, compared to analyst estimates of $901.36 million.

California Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Stockholders of record on Monday, March 10th will be paid a dividend of $0.3875 per share. The ex-dividend date is Monday, March 10th. This represents a $1.55 annualized dividend and a dividend yield of 3.79%. California Resources’s dividend payout ratio is presently 24.41%.

Insider Activity

In related news, Director James N. Chapman acquired 2,000 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were bought at an average cost of $39.42 per share, with a total value of $78,840.00. Following the completion of the transaction, the director now directly owns 43,445 shares of the company’s stock, valued at $1,712,601.90. This trade represents a 4.83 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Omar Hayat sold 16,016 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $55.18, for a total transaction of $883,762.88. Following the sale, the executive vice president now owns 30,940 shares of the company’s stock, valued at approximately $1,707,269.20. This represents a 34.11 % decrease in their position. The disclosure for this sale can be found here. 0.03% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new stake in shares of California Resources during the third quarter worth approximately $682,000. Swiss National Bank lifted its holdings in California Resources by 12.7% during the 3rd quarter. Swiss National Bank now owns 121,900 shares of the oil and gas producer’s stock worth $6,396,000 after purchasing an additional 13,700 shares during the last quarter. Geode Capital Management LLC boosted its stake in California Resources by 3.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,592,663 shares of the oil and gas producer’s stock valued at $83,583,000 after purchasing an additional 55,815 shares during the period. Natixis Advisors LLC acquired a new position in California Resources in the 3rd quarter valued at $579,000. Finally, State Street Corp increased its position in California Resources by 5.1% during the 3rd quarter. State Street Corp now owns 3,449,988 shares of the oil and gas producer’s stock worth $181,021,000 after buying an additional 168,278 shares during the period. 97.79% of the stock is owned by institutional investors.

About California Resources

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, 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.