California Resources Corporation (CRC)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-14
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-14
Research Workspace
Put CRC beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Exploration & Production is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar broken — Adjusted EBITDAX of $1.4-$1.5 billion for 2026: Q2 EBITDA margin 49.5% vs target $1.4B FY26.
View ThesisRevenue is contracting — down about 22% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens weak on margins, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskCalifornia Resources (CRC) must increase drilling activity to justify its price. The recent acquisition supports this goal. Revenue growth has been weak, and the last quarter missed expectations. CRC trades at 15× P/E, below the peer median of 17×. The price reflects less growth than expected. A specific risk is the 41% chance of a miss next quarter. Peer multiples imply a price about 9% below where it trades. This read is provisional.
Trailing returns as of 2026-09-14. CRC is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 13 analysts currently covering CRC (as of Sep 2026).
Based on 4 Wall Street analysts offering 12-month price targets for CRC in the last 4 months.
Continue this research
Compare CRC with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| CRC Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Exploration & Production — fair value, gap to price, and forward P/E.
Compare the value case
Put CRC next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase drilling activity and accelerate oil development
Acquisition supports increased drilling activity and oil development.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $55.79
The last 12 months of price, then the range of analyst 12-month targets from today’s $55.79.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
