Truist initiated coverage on California Resources Corp with a new price target
$CRC
Oil & Gas Production
Energy
Truist initiated coverage of California Resources Corp with a rating of Buy and set a new price target of $75.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/15/2025 | $63.00 | Neutral → Overweight | Analyst |
| 5/30/2025 | $60.00 | Equal Weight → Overweight | Barclays |
| 4/7/2025 | $36.00 | Buy → Neutral | Citigroup |
| 1/13/2025 | $75.00 | Buy | Truist |
| 12/20/2024 | $63.00 | Neutral | Analyst |
| 10/24/2024 | $64.00 | Buy | Jefferies |
| 10/22/2024 | $73.00 | Overweight | Stephens |
| 10/16/2024 | $68.00 | Buy | UBS |
10-Q - California Resources Corp (0001609253) (Filer)
8-K - California Resources Corp (0001609253) (Filer)
424B3 - California Resources Corp (0001609253) (Filer)
Analyst upgraded California Resources from Neutral to Overweight and set a new price target of $63.00
Barclays upgraded California Resources from Equal Weight to Overweight and set a new price target of $60.00
Citigroup downgraded California Resources from Buy to Neutral and set a new price target of $36.00
California Resources Corporation (NYSE:CRC), an independent energy and carbon management company committed to energy transition, today announced that Nicole Parra has been appointed as Vice President of Community Affairs, effective July 6, 2023. In this role, she will be responsible for engaging community stakeholders to help further strengthen CRC's local partnerships and enact regional Community Benefits Plans for CRC's low-carbon oil and natural gas and carbon management businesses. Ms. Parra has spent most of her life in public service with 30 years of extensive legislative and political experience. Most recently, she served as Director of the California Renewable Energy Laboratory at
California Resources Corporation (NYSE:CRC) (the "Company") today announced that Chris Gould has been appointed as the Company's first ever Executive Vice President and Chief Sustainability Officer. "Bringing Chris on board reflects the importance of our ESG initiatives and our commitment to decarbonization and a realistic energy transition," said Mac McFarland, CEO and President. "His considerable leadership skills and experience in climate change and implementation of new technologies will help the Company deliver on our goals while maintaining ESG leadership." For the past decade, Mr. Gould has served as Senior Vice President Corporate Strategy and Chief Innovation and Sustainability Of
California Resources Corporation (NYSE:CRC) (the "Company") announced today that Tiffany (TJ) Thom Cepak has been appointed as the Chair of the Board of Directors of the Company. Ms. Cepak replaces Mark A. (Mac) McFarland as the Chair following his appointment as the permanent President and Chief Executive Officer of the Company on March 22, 2021. Mr. McFarland will continue to serve as a director the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210415005357/en/Tiffany (TJ) Thom Cepak, Chair of the Board of Directors of California Resources Corporation (Photo: Business Wire) Mr. McFarland, President and Chief Executive
4 - California Resources Corp (0001609253) (Issuer)
4 - California Resources Corp (0001609253) (Issuer)
4 - California Resources Corp (0001609253) (Issuer)
Raised Quarterly Dividend by 5% Early Redemption of All Remaining 2026 Senior Notes LONG BEACH, Calif, Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) (CRC) today reported financial and operating results for the third quarter of 2025. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 5, 2025. Conference call details can be found within this release. Third Quarter Highlights Reported net income of $64 million, adjusted net income1 of $123 million and $338 million of adjusted EBITDAX1Generated net cash provided by operating activities of $279 million and $188 million of free cash flow1Delivered 137 thous
Expands Power-To-CCS Story: Signs Carbon Management MOU with Capital Power for Up to 3 Million Metric Tons Per Annum of CO2 Emissions LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE:CRC), today provided an update on third quarter 2025 operating and financial results. "We are encouraged by and commend the state's recent actions to advance CCS development in California and support decarbonization across hard-to-abate industries," said Francisco Leon, President and Chief Executive Officer of CRC. "CTV is moving closer to first injection from California's first CCS project, a
CRC's Carbon TerraVault and Capital Power Sign MOU to Explore Transportation and Sequestration of up to 3 Million Metric Tons of CO2 Emissions Per Year New MOU Demonstrates Rising Interest in Carbon TerraVault's Power-to-CCS Solution LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Capital Power (TSX:CPX) to provide carbon management services for CPX's La Paloma generation facility in Kern County, California. Highlights: CTV and CPX plan to jointly evaluate and develop carbon capture and sequestration ("CCS") solutions
4 - California Resources Corp (0001609253) (Issuer)
4 - California Resources Corp (0001609253) (Issuer)
4 - California Resources Corp (0001609253) (Issuer)
Raised Quarterly Dividend by 5% Early Redemption of All Remaining 2026 Senior Notes LONG BEACH, Calif, Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) (CRC) today reported financial and operating results for the third quarter of 2025. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 5, 2025. Conference call details can be found within this release. Third Quarter Highlights Reported net income of $64 million, adjusted net income1 of $123 million and $338 million of adjusted EBITDAX1Generated net cash provided by operating activities of $279 million and $188 million of free cash flow1Delivered 137 thous
Expands Power-To-CCS Story: Signs Carbon Management MOU with Capital Power for Up to 3 Million Metric Tons Per Annum of CO2 Emissions LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE:CRC), today provided an update on third quarter 2025 operating and financial results. "We are encouraged by and commend the state's recent actions to advance CCS development in California and support decarbonization across hard-to-abate industries," said Francisco Leon, President and Chief Executive Officer of CRC. "CTV is moving closer to first injection from California's first CCS project, a
CRC's Carbon TerraVault and Capital Power Sign MOU to Explore Transportation and Sequestration of up to 3 Million Metric Tons of CO2 Emissions Per Year New MOU Demonstrates Rising Interest in Carbon TerraVault's Power-to-CCS Solution LONG BEACH, Calif., Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE:CRC) and its carbon management business, Carbon TerraVault (CTV), today announced a Memorandum of Understanding1 (MOU) with Capital Power (TSX:CPX) to provide carbon management services for CPX's La Paloma generation facility in Kern County, California. Highlights: CTV and CPX plan to jointly evaluate and develop carbon capture and sequestration ("CCS") solutions
SC 13G/A - California Resources Corp (0001609253) (Subject)
SC 13G/A - California Resources Corp (0001609253) (Subject)
SC 13G/A - California Resources Corp (0001609253) (Subject)