California Resources (CRC) Projected to Announce Earnings on Monday

California Resources (NYSE:CRC) is expected to issue its Q2 2026 results after the market closes on Monday, August 10th. Analysts expect the company to post earnings of $1.36 per share and revenue of $960.2030 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Monday, August 10, 2026 at 1:00 PM ET.

California Resources Stock Performance

Shares of CRC stock opened at $52.08 on Friday. 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 stock has a market cap of $4.62 billion, a PE ratio of -10.01 and a beta of 0.93. The stock has a 50-day moving average of $54.18 and a 200-day moving average of $58.55. California Resources has a one year low of $43.24 and a one year high of $71.98.

Insider Activity

In related news, EVP Jay A. Bys sold 11,907 shares of the stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $54.00, for a total transaction of $642,978.00. Following the completion of the sale, the executive vice president directly owned 159,424 shares of the company’s stock, valued at approximately $8,608,896. This represents a 6.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.53% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC acquired a new stake in shares of California Resources during the fourth quarter worth $26,000. Pinnacle Holdings LLC acquired a new position in California Resources in the 4th quarter worth $27,000. Los Angeles Capital Management LLC acquired a new position in California Resources in the 4th quarter worth $47,000. Virtus Advisers LLC bought a new position in California Resources during the 4th quarter worth about $64,000. Finally, Quadrant Capital Group LLC bought a new position in California Resources during the 3rd quarter worth about $78,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on CRC. Barclays lifted their price objective on shares of California Resources from $72.00 to $80.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 26th. Zacks Research lowered shares of California Resources from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 15th. Citigroup reduced their price target on shares of California Resources from $78.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Weiss Ratings lowered shares of California Resources from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, July 14th. Finally, Mizuho upped their price objective on shares of California Resources from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $73.09.

About California Resources

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.