CRC
California Resources Corporation
September 16, 2026 · market open
- Rarity
- 1.77
- Peak move
- −6.07%
- Float cap
- $4.5B
California Resources Corporation is an independent energy and carbon management company. Its oil and natural gas segment explores for, develops, and produces crude oil, condensate, natural gas liquids, and natural gas in California and Utah, supplying local, responsibly sourced energy. Its Carbon TerraVault segment develops carbon capture and storage, transportation, and underground storage facilities for industrial decarbonization.
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What we found
6 events · 0 from SEC or newswire · 0 timed with the movecommodity_eventThe American Petroleum Institute reported US crude inventories rose 7.1 million barrels in the week to Sept 11, against expectations of a 1.6 million-barrel draw, with gasoline and distillate stocks also higher.
commodity_eventUS Energy Secretary Chris Wright told CNBC he expects crude to resume flowing through Saudi Arabia's East-West pipeline within days, after Riyadh temporarily shut the line and suspended loadings from Yanbu port.
geopoliticalIran-backed Houthi forces said they fired dozens of missiles and drones at Saudi Arabia's King Khalid Military City air base in Khamis Mushait, extending attacks that had already disabled the Saudi East-West crude pipeline.
commodity_eventBrent and WTI crude prices rose after Saudi Arabia's East-West pipeline was shut following a Sept 11 drone attack, with Brent settling around $105.68/bbl and WTI at $101.39/bbl on Sept 14.
analyst_ratingUBS raised its price target on California Resources (CRC) to $73 from $67 and maintained a Buy rating, citing higher oil prices and demand from data centers, power and energy security.
analyst_ratingRoyal Bank of Canada reiterated an Outperform rating on California Resources (CRC) with a $77 price target, implying roughly 34% upside from the $57.46 opening price.