Q3 EPS Estimate for California Resources Cut by Analyst

California Resources Corporation (NYSE:CRC) – Equities research analysts at Roth Capital dropped their Q3 2025 earnings per share estimates for California Resources in a research report issued on Monday, September 15th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will earn $1.53 per share for the quarter, down from their prior forecast of $1.58. The consensus estimate for California Resources’ current full-year earnings is $3.85 per share. Roth Capital also issued estimates for California Resources’ Q4 2025 earnings at $0.63 EPS and FY2025 earnings at $4.34 EPS.

California Resources (NYSE:CRC) last issued its quarterly earnings results on Tuesday, August 5th. The oil and gas producer reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.19. The business had revenue of $978.00 million during the quarter, compared to analysts’ expectations of $820.93 million. California Resources had a return on equity of 11.95% and a net margin of 16.14%.The business’s quarterly revenue was up 90.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 earnings per share.

A number of other analysts have also recently commented on the company. Citigroup upped their price target on California Resources from $44.00 to $47.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Mizuho set a $71.00 target price on California Resources in a research report on Monday. Bank of America increased their target price on California Resources from $53.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Barclays increased their target price on California Resources from $60.00 to $66.00 and gave the stock an “overweight” rating in a research report on Tuesday. Finally, UBS Group increased their target price on California Resources from $63.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday. Three analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $65.50.

California Resources Stock Performance

Shares of CRC opened at $57.86 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.78 and a debt-to-equity ratio of 0.26. The business has a 50-day simple moving average of $49.54 and a two-hundred day simple moving average of $44.35. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 7.90 and a beta of 1.16. California Resources has a 52 week low of $30.97 and a 52 week high of $60.41.

California Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 12th. Stockholders of record on Wednesday, August 27th were paid a $0.3875 dividend. This represents a $1.55 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, August 27th. California Resources’s dividend payout ratio (DPR) is presently 21.17%.

Institutional Investors Weigh In On California Resources

Institutional investors and hedge funds have recently modified their holdings of the business. Principal Financial Group Inc. lifted its stake in shares of California Resources by 2.1% during the 1st quarter. Principal Financial Group Inc. now owns 384,200 shares of the oil and gas producer’s stock worth $16,893,000 after acquiring an additional 8,047 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of California Resources by 50.7% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 10,211 shares of the oil and gas producer’s stock worth $463,000 after acquiring an additional 3,436 shares during the last quarter. New York State Teachers Retirement System lifted its stake in shares of California Resources by 1.4% during the 1st quarter. New York State Teachers Retirement System now owns 22,000 shares of the oil and gas producer’s stock worth $967,000 after acquiring an additional 300 shares during the last quarter. KBC Group NV lifted its stake in shares of California Resources by 41.3% during the 1st quarter. KBC Group NV now owns 3,569 shares of the oil and gas producer’s stock worth $157,000 after acquiring an additional 1,043 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of California Resources by 17.4% during the 1st quarter. Crossmark Global Holdings Inc. now owns 4,823 shares of the oil and gas producer’s stock worth $212,000 after acquiring an additional 716 shares during the last quarter. 97.79% of the stock is owned by institutional investors.

California Resources Company Profile

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.