$-0.29 EPS Expected for California Resources Corporation (CRC)

July 11, 2018 - By Hannah Black

Investors sentiment decreased to 0 in Q1 2018. Its down 0.50, from 0.5 in 2017Q4. It dived, as 1 investors sold California Resources Corporation shares while 0 reduced holdings. 0 funds opened positions while 0 raised stakes. 197,046 shares or 0.00% less from 197,048 shares in 2017Q4 were reported.
Cypress Cap Mgmt (Wy) holds 0% or 4 shares. Adams Asset Advisors Ltd Liability reported 197,006 shares. Gemmer Asset Limited Liability Company, a California-based fund reported 27 shares. Messner Smith Theme Value Management Ltd Ca has 0% invested in California Resources Corporation (NYSE:CRC) for 2 shares. Vantage Investment Advsr Limited Liability reported 7 shares.

Analysts expect California Resources Corporation (NYSE:CRC) to report $-0.29 EPS on August, 2.They anticipate $1.54 EPS change or 84.15 % from last quarter’s $-1.83 EPS. After having $0.18 EPS previously, California Resources Corporation’s analysts see -261.11 % EPS growth. The stock decreased 8.30% or $3.86 during the last trading session, reaching $42.63. About 2.84 million shares traded or 23.14% up from the average. California Resources Corporation (NYSE:CRC) has risen 180.92% since July 12, 2017 and is uptrending. It has outperformed by 168.35% the S&P500.

California Resources Corporation (NYSE:CRC) Ratings Coverage

Among 5 analysts covering California Resources (NYSE:CRC), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. California Resources had 10 analyst reports since January 16, 2018 according to SRatingsIntel. Bank of America upgraded the shares of CRC in report on Tuesday, January 16 to “Buy” rating. The rating was upgraded by Goldman Sachs to “Hold” on Thursday, February 1. The rating was maintained by Susquehanna on Monday, March 5 with “Hold”. Imperial Capital maintained California Resources Corporation (NYSE:CRC) rating on Thursday, May 17. Imperial Capital has “Outperform” rating and $41 target. The firm has “Buy” rating by Imperial Capital given on Monday, February 12. On Friday, April 27 the stock rating was downgraded by Societe Generale to “Hold”. Bank of America maintained California Resources Corporation (NYSE:CRC) rating on Friday, May 4. Bank of America has “Buy” rating and $38 target. The firm earned “Hold” rating on Wednesday, January 17 by Susquehanna. On Thursday, April 19 the stock rating was maintained by Susquehanna with “Hold”. The firm has “Buy” rating by Imperial Capital given on Monday, May 7.

California Resources Corporation operates as an oil and natural gas exploration and production firm in the State of California. The company has market cap of $2.06 billion. It produces and markets crude oil, natural gas, and natural gas liquids. It currently has negative earnings. The firm holds interests in approximately 2.3 million net acres of mineral acreage.

California Resources Corporation (NYSE:CRC) Ratings Chart

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