Capital One Financial Has Weak Forecast for CRC Q3 Earnings

California Resources Co. (NYSE:CRC) – Analysts at Capital One Financial decreased their Q3 2025 earnings per share (EPS) estimates for California Resources in a research note issued on Monday, May 19th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will earn $0.93 per share for the quarter, down from their prior estimate of $0.94. The consensus estimate for California Resources’ current full-year earnings is $3.85 per share. Capital One Financial also issued estimates for California Resources’ Q2 2026 earnings at $0.56 EPS.

California Resources (NYSE:CRC) last issued its quarterly earnings results on Tuesday, May 6th. The oil and gas producer reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.24. The business had revenue of $912.00 million for the quarter, compared to the consensus estimate of $862.14 million. California Resources had a return on equity of 12.16% and a net margin of 17.43%. The business’s quarterly revenue was up 100.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.75 earnings per share.

Other equities analysts also recently issued reports about the company. Citigroup upped their price target on California Resources from $36.00 to $44.00 and gave the stock a “neutral” rating in a research report on Monday. Roth Capital reissued a “buy” rating on shares of California Resources in a report on Wednesday, May 7th. StockNews.com lowered shares of California Resources from a “buy” rating to a “hold” rating in a report on Tuesday. Royal Bank of Canada dropped their price objective on shares of California Resources from $68.00 to $60.00 and set an “outperform” rating on the stock in a report on Friday, April 11th. Finally, UBS Group upped their price target on shares of California Resources from $49.00 to $51.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Four investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $60.36.

California Resources Stock Performance

Shares of CRC stock opened at $43.40 on Tuesday. The business’s fifty day simple moving average is $39.05 and its 200-day simple moving average is $47.25. The company has a market cap of $3.87 billion, a PE ratio of 6.83, a PEG ratio of 1.02 and a beta of 1.06. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32. California Resources has a 12-month low of $30.97 and a 12-month high of $60.41.

California Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a $0.3875 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 3.57%. California Resources’s dividend payout ratio (DPR) is currently 28.13%.

Insiders Place Their Bets

In related news, Director James N. Chapman purchased 2,000 shares of California Resources stock in a transaction that occurred on Wednesday, March 5th. The stock was purchased at an average price of $39.42 per share, for a total transaction of $78,840.00. Following the transaction, the director now directly owns 43,445 shares in the company, valued at approximately $1,712,601.90. This trade represents a 4.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.03% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Entropy Technologies LP acquired a new stake in California Resources in the 4th quarter valued at about $841,000. Bank of New York Mellon Corp boosted its position in California Resources by 2.0% in the 4th quarter. Bank of New York Mellon Corp now owns 739,057 shares of the oil and gas producer’s stock valued at $38,350,000 after buying an additional 14,240 shares during the period. Thrivent Financial for Lutherans boosted its position in California Resources by 1.2% in the 4th quarter. Thrivent Financial for Lutherans now owns 55,289 shares of the oil and gas producer’s stock valued at $2,869,000 after buying an additional 649 shares during the period. Empowered Funds LLC boosted its position in California Resources by 84.3% in the 4th quarter. Empowered Funds LLC now owns 48,929 shares of the oil and gas producer’s stock valued at $2,539,000 after buying an additional 22,383 shares during the period. Finally, Blue Trust Inc. boosted its position in California Resources by 518.4% in the 4th quarter. Blue Trust Inc. now owns 1,682 shares of the oil and gas producer’s stock valued at $88,000 after buying an additional 1,410 shares during the period. Institutional investors and hedge funds own 97.79% of the company’s stock.

About California Resources

California Resources Corporation operates as an independent oil and natural gas exploration and production, and carbon management company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities.