California Resources: Lots Of Upside From Current Prices [Seeking Alpha]
California Resources Corporation (CRC)
NASDAQ:AMEX Investor Relations:
crc.com/investor-relations
Company Research
Source: Seeking Alpha
California Resources: Lots Of Upside From Current Prices Summary California Resources has been crushed in recent weeks by negative sentiment regarding their debt and the operating environment in California. We think that at current levels the company is a strong buy with most of the downside priced in. Discussion follows. Introduction In mid 2017, California Resources, ( CRC the world changed derisked SOURCE That's a big "if," I know. Stability and energy prices aren't two words that belong in the same sentence normally. In full disclosure we bought into the late April head-fake and favorably discussed CRC in the Daily Drilling Repor The question we now have to ask, is the crude market as dodgy now as it was in December? The answer is of course it is, but the market has now priced in several things that were supportive during the first quarter rally in oil prices. When you add those to the relentless increase in U.S. daily production - mm BOEPD as of the last STEO Buoying the crud
Show less
Read more
Impact Snapshot
Event Time:
CRC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRC alerts
High impacting California Resources Corporation news events
Weekly update
A roundup of the hottest topics
CRC
News
- California Resources' (NYSE:CRC) Earnings Might Be Weaker Than You Think [Yahoo! Finance]Yahoo! Finance
- California Resources Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]Yahoo! Finance
- California Resources Co. (NYSE: CRC) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- California Resources Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- California Resources Corp (CRC) Q3 2024 Earnings Call Highlights: Strong Production and ... [Yahoo! Finance]Yahoo! Finance
CRC
Earnings
- 11/5/24 - Beat
CRC
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form 4
- CRC's page on the SEC website