California Resources Corporation (CRCQW) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
California Resources Corporation (CRCQW) trades at $17.12. California Resources Corporation is an independent oil and natural gas company focused on exploration, production, and marketing in California. Market cap: $1.17B, Sector: Energy.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for CRCQW: CRCQW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CRCQW against Energy peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CRCQW: the 3 scored disciplines are evenly split. Dominant signal: Seth Klarman bullish.
How is this calculated? →California Resources Corporation (CRCQW) Energy Operations & Outlook
California Resources Corporation (CRCQW) is an independent energy company focused on oil and natural gas exploration and production within California, operating with 1.9 million net mineral acres and engaging in electricity generation, while navigating the competitive energy landscape and OTC market dynamics.
What Is the Investment Thesis for CRCQW?
California Resources Corporation presents a mixed investment case. The company's P/E ratio of 15.35 suggests a potentially reasonable valuation relative to earnings, while a dividend yield of 2.47% offers income potential. A profit margin of 10.4% and gross margin of 37.4% indicate profitability, but the company's beta of 1.42 suggests higher volatility compared to the market. Growth catalysts include potential increases in oil and gas prices and expansion in electricity generation. However, risks include regulatory challenges in California, fluctuating commodity prices, and the inherent uncertainties of oil and gas exploration and production. Investors should weigh these factors carefully.
Based on FMP financials and quantitative analysis
CRCQW Key Highlights
Market capitalization of $1.17B indicates the company's current valuation in the market.
- P/E ratio of 15.35 suggests how much investors are willing to pay for each dollar of the company's earnings.
- Profit margin of 10.4% demonstrates the company's ability to generate profit from its revenue after accounting for all expenses.
- Gross margin of 37.4% shows the percentage of revenue exceeding the cost of goods sold, reflecting production efficiency.
- Dividend yield of 2.47% provides investors with a return on investment through dividend payments.
Who Are CRCQW's Competitors?
CRCQW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AAGEF AAG Energy Holdings Limited | $0.17 | +0.00% | $569M | 51 |
| BKBEF Pipestone Energy Corp. | $1.37 | -2.55% | $384M | 59 |
| BTEGF Baytex Energy Corp. | $4.05 | +0.00% | $2.25B | 52 |
| CHRD Chord Energy Corporation | $152.51 | +3.17% | $8.59B | 78 |
| CWEGF Crew Energy Inc. | $5.51 | +2.61% | $866M | 43 |
| FLMN Falcon Minerals Corporation | $7.77 | +0.52% | $1.21B | 59 |
| DMLP Dorchester Minerals, L.P. | $28.59 | +1.33% | $1.38B | 97 |
| ATUUF Tenaz Energy Corp. | $43.45 | -0.50% | $1.43B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CRCQW's Key Strengths?
Significant proved reserves of 480 million barrels of oil equivalent.
- Diversified operations including oil, gas, and electricity generation.
- Strategic focus on California's energy market.
- Established infrastructure and expertise in the region.
What Are CRCQW's Weaknesses?
Exposure to fluctuating commodity prices.
- Dependence on California's regulatory environment.
- Higher beta indicating greater volatility.
- OTC market trading may present liquidity challenges.
What Could Drive CRCQW Stock Higher?
Potential for increased oil and gas prices to boost revenue and profitability.
- Expansion of electricity generation capabilities to diversify revenue streams.
- Potential for strategic acquisitions of additional proved reserves.
- Development of carbon capture and storage projects to enhance environmental sustainability.
- Leveraging existing infrastructure for renewable energy projects to diversify operations.
What Are the Key Risks for CRCQW?
Financial-distress signal — its Altman Z-Score of 0.36 sits in the distress zone (elevated bankruptcy risk).
- Exposure to fluctuating commodity prices impacting revenue and profitability.
- Stringent environmental regulations in California increasing compliance costs.
- Competition from larger integrated oil companies.
- Geopolitical events impacting oil and gas prices.
- OTC market trading may present liquidity challenges and increased volatility.
What Are the Growth Opportunities for CRCQW?
- Expansion of Electricity Generation: California Resources Corporation's engagement in electricity generation presents a growth opportunity, particularly with the increasing demand for reliable power sources. Investing in and expanding electricity generation capabilities could provide a stable revenue stream and diversify the company's operations. The market for electricity generation is substantial, with California being one of the largest energy consumers in the United States. Timeline for expansion depends on regulatory approvals and infrastructure development.
- Increased Oil and Gas Production Efficiency: Implementing advanced technologies and optimizing operational processes can lead to increased oil and gas production efficiency. This includes utilizing enhanced oil recovery techniques, improving drilling methods, and reducing operational costs. Increased efficiency can boost production volumes and profitability. The timeline for realizing these benefits depends on the adoption and implementation of new technologies and practices.
- Strategic Acquisitions of Proved Reserves: Acquiring additional proved reserves can significantly increase California Resources Corporation's asset base and future production potential. Identifying and acquiring strategic assets in California's oil and gas fields can enhance the company's long-term growth prospects. The timeline for acquisitions depends on market conditions and the availability of suitable assets.
- Development of Carbon Capture and Storage (CCS) Projects: Investing in carbon capture and storage projects can position California Resources Corporation as a leader in reducing carbon emissions and promoting environmental sustainability. CCS technology involves capturing carbon dioxide emissions from industrial sources and storing them underground. This can help mitigate the environmental impact of oil and gas production and potentially generate revenue through carbon credits. The timeline for CCS projects depends on technological advancements, regulatory support, and infrastructure development.
- Leveraging Existing Infrastructure for Renewable Energy Projects: California Resources Corporation can leverage its existing infrastructure and expertise to develop renewable energy projects, such as solar and wind power. Utilizing existing land holdings and infrastructure can reduce development costs and accelerate the deployment of renewable energy projects. This diversification can enhance the company's long-term sustainability and appeal to environmentally conscious investors. The timeline for renewable energy projects depends on regulatory approvals, financing, and technological advancements.
What Are CRCQW's Competitive Advantages?
- Extensive land holdings: Approximately 1.9 million net mineral acres provide a significant resource base.
- Established infrastructure: Existing facilities for exploration, production, and processing.
- Expertise in California's regulatory environment: Navigating the complex regulations specific to California's energy sector.
- Electricity generation capabilities: Diversified revenue streams beyond oil and gas production.
What Does CRCQW Do?
California Resources Corporation (CRCQW) is an independent oil and natural gas company dedicated to exploring, producing, gathering, processing, and marketing crude oil, natural gas, and natural gas liquids. These resources are primarily supplied to marketers, California refineries, and other purchasers with access to transportation and storage facilities. Incorporated in 2014 and based in Santa Clarita, California, the company emerged as a spin-off, focusing on the unique geological and regulatory environment of California's energy sector. As of December 31, 2021, California Resources Corporation held interests in approximately 1.9 million net mineral acres, boasting estimated proved reserves of 480 million barrels of oil equivalent. In addition to its core oil and gas operations, the company is involved in the generation and sale of electricity to the local utility and the grid, diversifying its revenue streams and contributing to California's energy supply. The company's strategic focus on California allows it to leverage its expertise in the region's specific geological conditions and regulatory framework, positioning it as a key player in the state's energy market.
What Products and Services Does CRCQW Offer?
- Explores for crude oil, natural gas, and natural gas liquids.
- Produces crude oil, natural gas, and natural gas liquids.
- Gathers and processes extracted resources.
- Markets crude oil, natural gas, and natural gas liquids to refineries and other purchasers.
- Engages in electricity generation.
- Sells electricity to local utilities and the grid.
How Does CRCQW Make Money?
- Generates revenue through the sale of crude oil, natural gas, and natural gas liquids.
- Derives income from electricity generation and sales.
- Focuses on exploration and production activities within California.
- Manages and operates approximately 1.9 million net mineral acres.
What Industry Does CRCQW Operate In?
California Resources Corporation operates within the oil and gas exploration and production industry, a sector characterized by fluctuating commodity prices and evolving regulatory landscapes. The industry is influenced by global supply and demand dynamics, geopolitical events, and technological advancements. California's energy market is particularly unique due to its stringent environmental regulations and focus on renewable energy sources. Competitors include both large integrated oil companies and smaller independent producers. California Resources Corporation's focus on California positions it as a key player in the state's energy supply, but also exposes it to specific regional challenges and opportunities.
Who Are CRCQW's Key Customers?
- California refineries that process crude oil.
- Marketers who distribute oil and gas products.
- Local utilities that purchase electricity.
- The electricity grid, which receives power generated by the company.
Company Profile
California Resources Corporation operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Santa Clarita, US. The company is led by CEO Francisco J. Leon. CRCQW has traded publicly since 2020.
Financial Health
California Resources Corporation's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.36 places it in the distress zone, a signal of elevated financial risk.
CRCQW Financials
Bull Case vs Bear Case
Bull Case
- Significant proved reserves of 480 million barrels of oil equivalent.
- Diversified operations including oil, gas, and electricity generation.
- Strategic focus on California's energy market.
- Established infrastructure and expertise in the region.
Bear Case
- Exposure to fluctuating commodity prices.
- Dependence on California's regulatory environment.
- Higher beta indicating greater volatility.
- OTC market trading may present liquidity challenges.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
CRCQW Latest News
No recent news available for CRCQW.
CRCQW Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CRCQW.
Price Targets
Wall Street price target analysis for CRCQW.
CRCQW MoonshotScore
What does this score mean?
The MoonshotScore rates CRCQW 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Francisco J. Leon
Unknown
Information about Francisco J. Leon's background is not available in the provided data. Without further information, it is difficult to provide a comprehensive overview of his career history, education, previous roles, or credentials. His leadership role at California Resources Corporation involves managing a workforce of 970 employees within the energy sector.
Track Record: Due to the limited information available, a detailed track record of Francisco J. Leon's achievements and strategic decisions at California Resources Corporation cannot be provided. Key milestones and company performance under his leadership require additional data for accurate assessment.
CRCQW OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, encompassing stocks that may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it harder for investors to assess their true financial health and operational performance compared to companies listed on major exchanges like the NYSE or NASDAQ, which have stringent listing requirements.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower trading volumes can lead to price volatility.
- Wider bid-ask spreads increase transaction costs.
- Potential for fraud or manipulation is higher on the OTC market.
- Regulatory oversight is less stringent compared to major exchanges.
- Verify the company's registration and legal standing.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Understand the risks associated with the OTC market.
- Consult with a financial advisor before investing.
- Monitor news and developments related to the company.
- Company has been in operation since 2014.
- Company has significant assets, including 1.9 million net mineral acres.
- Company engages in electricity generation and sales, diversifying its revenue streams.
- Company employs 970 people, suggesting a substantial operation.
- Company has proved reserves totaled an estimated 480 million barrels of oil equivalent.
Common Questions About CRCQW (Energy)
What does California Resources Corporation do?
California Resources Corporation is an independent oil and natural gas company focused on exploration, production, and marketing in California. The company extracts and processes crude oil, natural gas, and natural gas liquids, selling these resources to refineries, marketers, and other purchasers. Additionally, California Resources Corporation engages in electricity generation and sales, contributing to California's energy supply.
What do analysts say about CRCQW stock?
Analyst sentiment on CRCQW is currently unavailable due to pending AI analysis. Key valuation metrics to consider include the company's P/E ratio of 15.35, profit margin of 10.4%, and dividend yield of 2.47%. Growth considerations involve the company's ability to expand electricity generation, acquire additional reserves, and navigate California's regulatory environment. Investors should conduct their own due diligence and consider their individual risk tolerance before making any investment decisions.
What are the main risks for CRCQW?
California Resources Corporation faces several key risks, including exposure to fluctuating commodity prices, stringent environmental regulations in California, and competition from larger integrated oil companies. The company's operations are also subject to geopolitical events that can impact oil and gas prices. Trading on the OTC market presents liquidity challenges and increased volatility.
What are the key factors to evaluate for CRCQW?
Evaluate CRCQW on fundamentals, analyst consensus, and risk factors. California Resources Corporation presents a mixed investment case. Not financial advice.
How frequently does CRCQW data refresh on this page?
CRCQW's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven CRCQW's recent stock price performance?
California Resources Corporation (CRCQW) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Significant proved reserves of 480 million barrels of oil equivalent. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CRCQW overvalued or undervalued right now?
California Resources Corporation (CRCQW) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research CRCQW before investing?
Before investing in California Resources Corporation (CRCQW), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on data available as of 2026-03-17.
- AI analysis is pending for further insights.