California Resources Corp (CRC)
California Resources Corp operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Long Beach, CA, US. The stock last traded at $53.78, down 0.65% on the session, giving a market capitalisation of $4.78B. On trailing twelve-month figures it carries a trailing P/E of -40.44, a net margin of -3.0%. Its beta of 0.90 implies it has historically moved less than the broad market.
California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management. It explores, develops, and produces crude oil, oil condensate, natural gas liquids and natural gas to california refineries, marketers, and other purchasers. The company also provides Carbon TerraVault which builds, installs, operates, and maintains CO2 capture equipment, transportation assets, and storage facilities. In addition, it owns and operates power generation facilities, as well as smaller gas-fired power plants used to generate power for oil and natural gas operations. The company was incorporated in 2014 and is based in Long Beach, California.
California Resources Corp is most often compared with the following Energy names: