Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from California Resources Corp ( (CRC) ).
On October 8, 2025, California Resources Corporation completed a private offering of $400 million in senior notes due 2034, with interest accruing from the same date. The notes, which are unsecured and rank equally with other senior unsecured debt, are part of the company’s strategic financial maneuvers, including a pending merger with Berry Corporation. The notes are subject to mandatory redemption if the merger does not occur by March 14, 2026, or if the merger agreement is terminated.
The most recent analyst rating on (CRC) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on California Resources Corp stock, see the CRC Stock Forecast page.
Spark’s Take on CRC Stock
According to Spark, TipRanks’ AI Analyst, CRC is a Outperform.
California Resources Corp’s strong financial performance, undervaluation, and positive earnings call sentiment contribute significantly to its high score. Technical indicators support a stable outlook, while the company’s strategic advancements and shareholder returns further enhance its position.
To see Spark’s full report on CRC stock, click here.
More about California Resources Corp
California Resources Corporation operates in the energy sector, focusing on oil and natural gas exploration and production primarily in California. The company is involved in developing and producing energy resources with a market focus on sustainable and efficient energy solutions.
Average Trading Volume: 995,199
Technical Sentiment Signal: Strong Buy
Current Market Cap: $4.37B
For an in-depth examination of CRC stock, go to TipRanks’ Overview page.