California Resources Corporation (CRC) To Go Ex-Dividend on May 29th

Posted by Lindsey Winhoffer on May 27th, 2026

California Resources Corporation (NYSE:CRC – Get Free Report) declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Friday, May 29th will be paid a dividend of 0.405 per share by the oil and gas producer on Thursday, June 18th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, May 29th.

California Resources has a dividend payout ratio of 45.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect California Resources to earn $3.50 per share next year, which means the company should continue to be able to cover its $1.62 annual dividend with an expected future payout ratio of 46.3%.

California Resources Price Performance

Shares of CRC opened at $61.25 on Wednesday. The company has a market capitalization of $5.44 billion, a price-to-earnings ratio of -11.78 and a beta of 0.96. California Resources has a fifty-two week low of $41.88 and a fifty-two week high of $71.98. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.55 and a quick ratio of 0.47. The business’s 50-day moving average is $64.48 and its 200-day moving average is $55.60.

California Resources (NYSE:CRC – Get Free Report) last issued its earnings results on Tuesday, May 5th. The oil and gas producer reported $0.88 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.88. The company had revenue of $119.00 million for the quarter, compared to the consensus estimate of $947.50 million. California Resources had a positive return on equity of 10.12% and a negative net margin of 16.10%.The firm’s quarterly revenue was down 87.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.07 EPS. Equities research analysts expect that California Resources will post 5.56 EPS for the current fiscal year.

About California Resources

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California Resources Corporation (NYSE: CRC) is an independent exploration and production company focused exclusively on developing oil and natural gas assets in California. Headquartered in Newport Beach, the company engages in hydraulic fracturing, well completions, reservoir management and enhanced recovery operations to produce crude oil, natural gas and natural gas liquids.

CRC’s operations are concentrated in three core regions: the Los Angeles Basin, the Ventura Basin and the San Joaquin Basin.