California Resources CRC
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
California Resources (CRC) Business Model and Operations Summary
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
Key Insights
California Resources (CRC) Core Market Data and Business Metrics
Latest Closing Price
$45.31Market Cap
$4.10 BillionAverage Daily Trade Volume
1,023,318 SharesPrice-Earnings Ratio
9.81Total Outstanding Shares
90.65 Million SharesCEO
Mr. Francisco J. LeonTotal Employees
1,550Dividend
$0.39 Per Share QuarterlyIPO Date
October 28, 2020SIC Description
Crude Petroleum & Natural GasPrimary Exchange
New York Stock ExchangeHeadquarters
1 World Trade Center, Long Beach, CA, 90831
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Financing Activities | $343 Million |
| Net Cash Flow | $-124 Million |
| Net Cash Flow From Operating Activities, Continuing | $610 Million |
| Net Cash Flow From Investing Activities | $-1.08 Billion |
| Net Cash Flow From Operating Activities | $610 Million |
| Net Cash Flow, Continuing | $-124 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Preferred Stock Dividends And Other Adjustments | $0 |
| Income Tax Expense/Benefit, Current | $69 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Income/Loss From Continuing Operations After Tax | $376 Million |
| Income/Loss From Equity Method Investments | $-10 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $377 Million |
| Comprehensive Income/Loss Attributable To Parent | $377 Million |
| Other Comprehensive Income/Loss | $377 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $1 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Current Assets | $906 Million |
| Equity Attributable To Parent | $3.54 Billion |
| Current Liabilities | $980 Million |
| Other Non-current Liabilities | $1.49 Billion |
| Long-term Debt | $1.13 Billion |
| Equity | $3.54 Billion |
Historical Dividends
Current dividend: $0.39 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 3, 2025 | Mar 21, 2025 | Mar 10, 2025 | $0.3875 | Quarterly |
| Nov 5, 2024 | Dec 16, 2024 | Dec 2, 2024 | $0.3875 | Quarterly |
| Aug 5, 2024 | Sep 16, 2024 | Aug 30, 2024 | $0.3875 | Quarterly |
| May 7, 2024 | Jun 14, 2024 | May 31, 2024 | $0.31 | Quarterly |
| Feb 27, 2024 | Mar 18, 2024 | Mar 6, 2024 | $0.31 | Quarterly |
| Nov 1, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.31 | Quarterly |