Investors sentiment is 0.2 in Q2 2017. Its the same as in 2017Q1. It has no change, as 3 investors sold California Resources Corp shares while 2 reduced holdings. only 1 funds opened positions while 0 raised stakes. 197,169 shares or 1.32% less from 199,813 shares in 2017Q1 were reported.
Analysts await California Resources Corp (NYSE:CRC) to report earnings on November, 6 after the close. They expect $-1.61 EPS, up 8.00 % or $0.14 from last year’s $-1.75 per share. After $-1.83 actual EPS reported by California Resources Corp for the previous quarter, Wall Street now forecasts -12.02 % EPS growth. The stock increased 7.79% or $0.73 on October 27, reaching $10.1. About 2.38M shares traded or 84.50% up from the average. California Resources Corp (NYSE:CRC) has declined 15.53% since October 28, 2016 and is downtrending. It has underperformed by 32.23% the S&P500.
Among 7 analysts covering California Resources Corporation (NYSE:CRC), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. California Resources Corporation had 14 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was maintained by Susquehanna on Tuesday, January 26 with “Neutral”. Morgan Stanley maintained the stock with “Equal-Weight” rating in Wednesday, October 18 report. The firm has “Hold” rating given on Wednesday, March 2 by Societe Generale. The rating was initiated by Susquehanna with “Neutral” on Friday, October 30. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, November 22. Bank of America downgraded California Resources Corp (NYSE:CRC) on Tuesday, February 23 to “Neutral” rating. The stock of California Resources Corp (NYSE:CRC) has “Underperform” rating given on Friday, June 30 by Bank of America. On Monday, November 23 the stock rating was initiated by Ladenburg Thalmann with “Buy”. The stock of California Resources Corp (NYSE:CRC) has “Accumulate” rating given on Friday, September 25 by Johnson Rice.
California Resources Corporation is an independent oil and natural gas exploration and production company, with operating properties within the State of California. The company has market cap of $432.01 million. The Firm produced approximately 140 thousand barrels of oil equivalent per day , as of December 31, 2016. It has a 0.9 P/E ratio. As of December 31, 2016, the Company had net proved reserves of 568 million barrels of oil equivalent (MMBoe).