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0.000662910175671182 0.00165727543917801 0.00132582035134236 -0.00464037122969839 0.00215445807093143 0.00215445807093143 0.00215445807093143 0.00215445807093143
Stock impact report

California Resources' Lofty Share Price Is Justified [Seeking Alpha]

California Resources Corporation (CRC) 
NASDAQ:AMEX Investor Relations: crc.com/investor-relations
Company Research Source: Seeking Alpha
CRC's 2026 EBITDAX guidance of $970M–$1.07B is below 2025's $1.24B, reflecting lower oil prices and higher operating costs post-Berry acquisition. Management targets $80M–$90M in 2026 synergies and $400M in cumulative cost reductions by 2028, supporting long-term value creation. CRC's Carbon TerraVault subsidiary advances carbon capture projects, positioning the company for scalable growth in voluntary carbon markets. Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More » peshkov/iStock via Getty Images On March 2nd of 2026, shares of California Resources Corporation ( CRC ) closed up 4.5%. With that increase, shares are now up 10.6% since I reaffirmed the company as a Buy candidate back in More on my IG service Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to valu Show less Read more
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