CRC Stock Summary and Trading Ideas (California Resources | NYSE:CRC)

California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.

California Resources trades on the NYSE stock market under the symbol CRC.

As of June 11, 2026, CRC stock price declined to $56.86 with 691,143 million shares trading.

CRC has a beta of -0.39, meaning it tends to be less sensitive to market movements. CRC has a correlation of 0.02 to the broad based SPY ETF.

CRC has a market cap of $5.05 billion. This is considered a Mid Cap stock.

Last quarter California Resources reported $119 million in Revenue and $.88 earnings per share. This fell short of revenue expectation by $-818 million and missed earnings estimates by -$.01.

In the last 3 years, CRC traded as high as $71.98 and as low as $30.97.

The top ETF exchange traded funds that CRC belongs to (by Net Assets): IJR, VTI, AVUV, VB, IWM.

CRC has outperformed the market in the last year with a return of +28.9%, while the SPY ETF gained +23.6%. However, in the most recent history, CRC shares have underperformed the stock market with its stock returning -6.4% in the last 3 month period and -4.2% for the last 2 week period, while SPY has returned +9.2% and -1.7%, respectively.

CRC support price is $57.51 and resistance is $60.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRC shares will trade within this expected range on the day.