profit from every $100 of sales.
$0$100
California Resources
$48.31+0.90% today
-1.2% in 1 year
1-year low $43.551-year high $70.13
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $11.75 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What California Resources sold, what it kept, and what it did with the cash.
Sales went from $3.24 billion in 2022 to $3.40 billion in 2025, with $363 million of profit last year.
SalesProfit
California Resources handed back 61% of the cash it generated last year.
Buybacks $389M$136M
Free cash flow 2025$865M
Bought back its own shares$389M
Paid as dividends$136M
Cash vs. debt$132M vs. $1.4B
California Resources vs. similar companies
California Resources grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| California Resources | 11.7× · Cheap | ||
 EQT | 16.2× · Fair price | ||
 Coterra Energy | 14.4× · Cheap | ||
 Expand Energy | 11.2× · Cheap | ||
 Permian Resources | 20.7× · Fair price |
AI analysis
An AI analyst reads California Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,235 | 2,813 | 2,957 | 3,403 | |
| 1,967 | 1,542 | 1,410 | 1,458 | |
| 1,283 | 799 | 412 | 442 | |
| 1,012 | 1,029 | 991 | 1,119 | |
| 524 | 564 | 376 | 363 | |
| 6.75 | 7.78 | 4.62 | 4.15 | |
| 60.8% | 54.8% | 47.7% | 42.8% | |
| 39.7% | 28.4% | 13.9% | 13.0% | |
| 16.2% | 20.0% | 12.7% | 10.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,967 | 3,998 | 7,135 | 7,403 |
| Cash | 307 | 496 | 372 | 132 |
| Total debt | 662 | 610 | 1,223 | 1,359 |
| Total liabilities | 2,103 | 1,779 | 3,597 | 3,729 |
| 1,864 | 2,219 | 3,538 | 3,674 | |
| 78 | 73 | 81 | 87 | |
| 25.5% | 22.5% | 10.0% | 9.5% | |
| 28.1% | 25.4% | 10.6% | 9.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 690 | 653 | 610 | 865 | |
| 12 | 185 | – | – | |
| 690 | 653 | 610 | 865 | |
| Dividends paid | 59 | 81 | 113 | 136 |
| 313 | 146 | 234 | 389 | |
| 30 | 48 | 40 | 39 |
Valuation
- 11.7×
- 9.8×
- –
- 1.8×
- 1.3×
- 4.9×
- 4.9×
- 20.3%
- 8.5%
- 2.7%
Profitability
- 42.8%
- 13.0%
- 10.7%
- 38.6%
- 12.8%
- 16.4%
- -13.8%
- -6.5%
- 12.8%
- –
Growth
- +1.7%
- −15.0%
- +55.1%
- –
- +1.5%
Financial health
- 1.0×
- 0.47
- 19.3%
- 6.8×
- 0.55
- 0.47
- 0.49
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 21%of 467
Top 49%of 466
Top 26%of 387
Top 48%of 461
Top 7%of 460
What analysts expect
- Average price target
- $68.33
- Range
- $56.00 – $84.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 0.88 | 0.83 | +6.0% |
| Mar 2, 2026 | 0.47 | 0.49 | −4.1% |
| Nov 4, 2025 | 1.46 | 1.31 | +11.5% |
| Aug 5, 2025 | 1.10 | 0.91 | +20.9% |
| May 6, 2025 | 1.07 | 0.83 | +28.9% |
| Mar 3, 2025 | 0.91 | 0.96 | −5.2% |
| Nov 5, 2024 | 1.50 | 0.89 | +68.5% |
| Aug 6, 2024 | 0.60 | 0.96 | −37.5% |
2.7%of the share price, paid each year
On $1,000 invested$27a year at today's yield, before tax
–per share
Raised4 yearsin a row, in our data
Paid per share, each year
$0.17 in 2021 → $1.57 in 2025
How safe it looks
37.5% of its profit
Room to growStretchedMore than it earns: 15.7%
News
Western Union purchase of Intermex gets conditional California approvalSeeking Alpha · Nov 11, 2026Berkshire Hathaway utility asks California regulators for 57% rate increaseSeeking Alpha · Nov 7, 2026Billionaires aren’t off the hook for higher taxes, even if they did dodge California’s wealth taxMarketWatch · Nov 6, 2026Banc of California expects Q4 pretax pre-provision income of $125M-$130M as NIM guides to 3.35%-3.40%Seeking Alpha · Oct 28, 2026TV’s Nick and Vanessa Lachey cut price of Southern California home to $7.6 millionMarketWatch · Oct 28, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
64Pass
Benjamin Graham
65Pass
Philip Fisher
47No pass
Peter Lynch
24No pass
Joel Greenblatt
52No pass
Charlie Munger
53No pass
Terry Smith
48No pass
Questions about California Resources
Is California Resources a good stock to buy?
A solid business, and the price looks low. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the California Resources AI analysis
What does California Resources do?
California Resources Corporation operates as an independent oil and natural gas company. It is in Oil & Gas Exploration & Production, based in Long Beach, CA, United States, with 2,500 employees.
Does California Resources pay a dividend?
Yes. At today's price the dividend is 2.7% a year, about 37% of its yearly profit. In 2025 it paid out $136 million in dividends.
Is California Resources stock halal?
Questionable. California Resources sits in a grey zone: its debt is 32% of its market value, between 30% and 33%. How we check
How has California Resources stock done over the past year?
Down 1.2% over the past twelve months, to $48.31. It traded between $43.55 and $70.13 and is 31.1% below its high.
Who are California Resources's competitors?
The largest listed companies in the same industry are EQT, Coterra Energy, Expand Energy and Permian Resources. The peers table on this page compares their profit, growth and price with California Resources's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.