California Resources Corporation (CRC)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-04
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-11-04
QuarterlyIQ Insights · CRC
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-11-04.
The screen ranks CRC against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Energy names rated weak grew net income 60% of the time over the next year (vs 56% for the rest of the cohort, n=1774).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.
Stated in 4 of 4 supplied quarters. Management reported: “About California Resources Corporation California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition.” “CTV is advancing a portfolio of carbon capture and storage (CCS) projects, including CTV I, which is now operational and injecting CO 2 for permanent sequestration in a depleted reservoir deep underground.”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
“CTV is advancing a portfolio of carbon capture and storage (CCS) projects, including CTV I, which is now operational and injecting CO 2 for permanent sequestration in a depleted reservoir deep underg…”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
In addition, we remain committed to our shareholder capital return program with share repurchases and dividends, the latter demonstrated by the 4% dividend per share increase we announced today.
Stated in 4 of 4 supplied quarters. Management reported: “In addition, we remain committed to our shareholder capital return program with share repurchases and dividends, the latter demonstrated by the 4% dividend per share increase we announced today.” “About California Resources Corporation California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition.”
Having built, in our view, California’s leading energy infrastructure platform, our focus now turns to running it better by lowering costs, improving capital efficiency and putting our midstream, pow…
Stated in 4 of 4 supplied quarters. Management reported: “Specifically, we are now able to maintain flat California production with fewer rigs and less maintenance capital, creating operational and financial momentum into 2027 and beyond.” “As a result, we are adding incremental drilling activity this year to drive higher production, EBITDAX and cash flow.”
CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.
Stated in 3 of 4 supplied quarters. Management reported: “See www.goldenvalleytechhub.com for additional information • Implemented more than 100% of the annual Berry merger synergy target, representing $103 million of annualized savings six months ahead of schedule • Achieved first carbon dioxide (CO 2 ) injection and revenue at Carbon TerraVault I (CTV I), California's inaugural carbon capture and storage (CCS) project.” “CRC cautions you not to place undue reliance on forward-looking statements contained in this document, which speak only as of the date hereof, and CRC is under no obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statements, whether as a result of new information, future events or otherwise.”
CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.
Stated in 4 of 4 supplied quarters. Management reported: “CTV is advancing a portfolio of carbon capture and storage (CCS) projects, including CTV I, which is now operational and injecting CO 2 for permanent sequestration in a depleted reservoir deep underground.” “CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
Over the trailing year it converted -1.80x of net income into operating cash flow.
Most sensitive to long-term interest rates.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, the broad stock market (low R² over the window).
22 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated volatile grew net income 54% of the time over the next year (vs 59% for the rest of the cohort, n=1684).
Not investment advice. As of 2026-11-04.
“In addition, we remain committed to our shareholder capital return program with share repurchases and dividends, the latter demonstrated by the 4% dividend per share increase we announced today.”
“About California Resources Corporation California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition.”
“Highlights • Delivered average net production of 154 thousand barrels of oil equivalent per day (MBoe/d) (81% oil); oil volumes were reduced by approximately 1.5 thousand barrels of oil per day (MBo/…”
“1Q26E Total Year 2026E Net Production (MBoe/d) 155 - 157 152 - 157 Percentage Oil 81% 1 Capital Investments ($ millions) $110 - $130 $430 - $470 Adjusted EBITDAX 1 ($ millions) $240 - $280 $970 - $1,…”
“Having built, in our view, California’s leading energy infrastructure platform, our focus now turns to running it better by lowering costs, improving capital efficiency and putting our midstream, pow…”
“Specifically, we are now able to maintain flat California production with fewer rigs and less maintenance capital, creating operational and financial momentum into 2027 and beyond.”
“As a result, we are adding incremental drilling activity this year to drive higher production, EBITDAX and cash flow.”
“"Our 2026 priorities are clear: safely and efficiently operate our core businesses, deliver on the synergies from the Berry merger, and continue to advance high-return opportunities across our portfo…”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
“See www.goldenvalleytechhub.com for additional information • Implemented more than 100% of the annual Berry merger synergy target, representing $103 million of annualized savings six months ahead of…”
“CRC cautions you not to place undue reliance on forward-looking statements contained in this document, which speak only as of the date hereof, and CRC is under no obligation, and expressly disclaims…”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
“CTV is advancing a portfolio of carbon capture and storage (CCS) projects, including CTV I, which is now operational and injecting CO 2 for permanent sequestration in a depleted reservoir deep underg…”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”
“CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing CCS and other emissions reducing projects.”