Research Analysts’ Recent Ratings Updates for California Resources (CRC)

A number of research firms have changed their ratings and price targets for California Resources (NYSE: CRC):

• 8/17/2026 – California Resources was given a new $74.00 price target by Barclays PLC. They now have an “overweight” rating on the stock.
• 8/12/2026 – California Resources had its price target lowered by UBS Group AG from $70.00 to $67.00. They now have a “buy” rating on the stock.
• 8/11/2026 – California Resources was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 8/11/2026 – California Resources had its “overweight” rating reaffirmed by Barclays PLC. They now have a $77.00 price target on the stock, down from $80.00.
• 7/17/2026 – California Resources was given a new $85.00 price target by Stephens. They now have an “overweight” rating on the stock.
• 7/15/2026 – California Resources was downgraded by Zacks Research from “hold” to “strong sell”.
• 7/14/2026 – California Resources was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 7/13/2026 – California Resources had its “buy” rating reaffirmed by UBS Group AG. They now have a $70.00 price target on the stock, down from $78.00.
• 6/30/2026 – California Resources had its price target lowered by Citigroup Inc. from $78.00 to $70.00. They now have a “buy” rating on the stock.

California Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be issued a dividend of $0.405 per share. This represents a $1.62 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, September 4th. California Resources’s payout ratio is currently -119.12%.

Insider Activity at California Resources

In related news, EVP Jay A. Bys sold 11,907 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $54.00, for a total value of $642,978.00. Following the transaction, the executive vice president owned 147,517 shares in the company, valued at approximately $7,965,918. This represents a 7.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 35,721 shares of company stock valued at $2,020,380. Insiders own 0.53% of the company’s stock.

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.