Capital One Financial Predicts CRC FY2025 Earnings

California Resources Corporation (NYSE:CRC) – Stock analysts at Capital One Financial boosted their FY2025 EPS estimates for shares of California Resources in a report released on Monday, November 17th. Capital One Financial analyst P. Johnston now anticipates that the oil and gas producer will post earnings of $4.31 per share for the year, up from their previous estimate of $3.91. The consensus estimate for California Resources’ current full-year earnings is $3.85 per share. Capital One Financial also issued estimates for California Resources’ Q4 2025 earnings at $0.68 EPS, Q1 2026 earnings at $0.78 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.88 EPS, Q4 2026 earnings at $0.90 EPS, FY2026 earnings at $3.27 EPS and FY2027 earnings at $3.76 EPS.

California Resources (NYSE:CRC) last released its quarterly earnings results on Tuesday, November 4th. The oil and gas producer reported $1.46 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.15. California Resources had a net margin of 10.60% and a return on equity of 11.59%. The firm had revenue of $855.00 million for the quarter, compared to analyst estimates of $888.58 million. During the same period in the previous year, the business earned $1.50 earnings per share. The company’s revenue for the quarter was down 36.8% compared to the same quarter last year.

A number of other brokerages have also recently weighed in on CRC. UBS Group reduced their price target on shares of California Resources from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Mizuho set a $71.00 price objective on shares of California Resources in a report on Monday, September 15th. Weiss Ratings reissued a “hold (c)” rating on shares of California Resources in a report on Wednesday, October 8th. Jefferies Financial Group set a $71.00 price target on California Resources and gave the stock a “buy” rating in a research report on Sunday, September 21st. Finally, Bank of America increased their price objective on shares of California Resources from $60.00 to $66.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, California Resources has a consensus rating of “Moderate Buy” and a consensus price target of $66.27.

California Resources Stock Performance

Shares of NYSE:CRC opened at $47.97 on Wednesday. The business has a 50-day moving average price of $50.51 and a two-hundred day moving average price of $47.86. California Resources has a 1-year low of $30.97 and a 1-year high of $60.08. The stock has a market capitalization of $4.02 billion, a P/E ratio of 11.16 and a beta of 1.15. The company has a current ratio of 0.89, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in shares of California Resources by 15.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,549,636 shares of the oil and gas producer’s stock worth $188,776,000 after purchasing an additional 474,521 shares in the last quarter. American Century Companies Inc. boosted its holdings in California Resources by 5.6% during the 3rd quarter. American Century Companies Inc. now owns 3,006,430 shares of the oil and gas producer’s stock worth $159,882,000 after acquiring an additional 159,708 shares during the last quarter. Sourcerock Group LLC boosted its holdings in California Resources by 63.8% during the 2nd quarter. Sourcerock Group LLC now owns 2,000,649 shares of the oil and gas producer’s stock worth $91,370,000 after acquiring an additional 779,280 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in shares of California Resources by 6.1% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,289,479 shares of the oil and gas producer’s stock worth $58,891,000 after acquiring an additional 73,885 shares in the last quarter. Finally, Orbis Allan Gray Ltd increased its position in shares of California Resources by 3.0% during the 1st quarter. Orbis Allan Gray Ltd now owns 1,198,841 shares of the oil and gas producer’s stock valued at $52,713,000 after purchasing an additional 34,593 shares during the last quarter. Institutional investors own 97.79% of the company’s stock.

California Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be issued a dividend of $0.405 per share. This represents a $1.62 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from California Resources’s previous quarterly dividend of $0.39. The ex-dividend date is Monday, December 1st. California Resources’s dividend payout ratio (DPR) is presently 36.05%.

California Resources Company Profile

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.