California Resources Corporatio (CRC) Stock Analysis
Breakout setup
Energy · Oil & Gas E&P
Sell if holding. At $67.55, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: California; Concentration risk — Customer: California markets (crude oil sales).
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... Read more
Sell if holding. At $67.55, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: California; Concentration risk — Customer: California markets (crude oil sales). Chart setup: Golden cross, above all MAs, RSI 52, MACD bullish. Score 5.0/10, moderate confidence.
Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: moderate.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHGeographicCalifornia10-K Item 1A: 'Our operations are highly concentrated in California. As a result, the success and profitability of our operations may be disproportionately exposed to the effect of regional conditions'
- HIGHCustomerCalifornia markets (crude oil sales)10-K Item 1A: 'We sell nearly all of our crude oil production into California markets'
Material Events(8-K, last 90d)
- 2026-03-16Item 5.02LOWMichael Helm appointed VP Finance and Controller (principal accounting officer) effective March 16, 2026. Previously Berry Corporation Chief Accounting Officer since 2017 and CFO 2023-2025. No disagreement cited.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
2 floor-breakers
Revenue shrinking — -13.8% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $67.55, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: California; Concentration risk — Customer: California markets (crude oil sales). Chart setup: Golden cross, above all MAs, RSI 52, MACD bullish. Prior stop was $63.50. Score 5.0/10, moderate confidence.
Take-profit target: $70.62 (+4.7% upside). Prior stop was $63.50. Stop-loss: $63.50.
Concentration risk — Geographic: California; Concentration risk — Customer: California markets (crude oil sales); Thin upside margin: 4.7%.
California Resources Corporatio trades at a P/E of 16.4 (forward 13.7). TrendMatrix value score: 8.0/10. Verdict: Sell.
18 analysts cover CRC with a consensus score of 4.1/5. Average price target: $81.
What does California Resources Corporatio do?California Resources Corporation operates as an independent energy and carbon management company in the United States....
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.