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
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CRC
News
- California Resources Co. (NYSE: CRC) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $63.00 price target on the stock.MarketBeat
- California Resources Corporation Announces January Investor Conference Participation [Yahoo! Finance]Yahoo! Finance
- California Resources Corporation Announces January Investor Conference ParticipationGlobeNewswire
- California Resources Co. (NYSE: CRC) was upgraded by analysts at Capital One Financial Co. to a "strong-buy" rating.MarketBeat
- California Resources and Net Power link for low-carbon power solutions [Yahoo! Finance]Yahoo! Finance
CRC
Earnings
- 11/5/24 - Beat
CRC
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- 12/12/24 - Form 144
- CRC's page on the SEC website