Head-To-Head Contrast: California Resources (CRC) and Its Rivals

California Resources (NYSE: CRC) is one of 229 public companies in the “Oil & Gas Exploration and Production” industry, but how does it compare to its rivals? We will compare California Resources to similar businesses based on the strength of its analyst recommendations, valuation, earnings, risk, dividends, profitability and institutional ownership.

Profitability

This table compares California Resources and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
California Resources -10.23% N/A -3.96%
California Resources Competitors -277.55% 26.56% 5.85%

Analyst Recommendations

This is a summary of current ratings and price targets for California Resources and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
California Resources 0 3 1 0 2.25
California Resources Competitors 1609 7771 12640 271 2.52

California Resources presently has a consensus price target of $18.00, indicating a potential downside of 17.96%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 17.55%. Given California Resources’ rivals stronger consensus rating and higher possible upside, analysts plainly believe California Resources has less favorable growth aspects than its rivals.

Earnings & Valuation

This table compares California Resources and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
California Resources $1.55 billion $279.00 million -4.39
California Resources Competitors $1.86 billion -$438.87 million -18.82

California Resources’ rivals have higher revenue, but lower earnings than California Resources. California Resources is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Volatility and Risk

California Resources has a beta of 6.63, indicating that its share price is 563% more volatile than the S&P 500. Comparatively, California Resources’ rivals have a beta of 1.39, indicating that their average share price is 39% more volatile than the S&P 500.

Insider & Institutional Ownership

75.2% of California Resources shares are owned by institutional investors. Comparatively, 61.4% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 0.9% of California Resources shares are owned by company insiders. Comparatively, 12.4% of shares of all “Oil & Gas Exploration and Production” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

California Resources rivals beat California Resources on 8 of the 13 factors compared.

California Resources Company Profile

California Resources Corporation is an independent oil and natural gas exploration and production company, with operating properties within the State of California. The Company produced approximately 140 thousand barrels of oil equivalent per day (MBoe/d), as of December 31, 2016. As of December 31, 2016, the Company had net proved reserves of 568 million barrels of oil equivalent (MMBoe). As of December 31, 2016, it drilled 42 development wells with 37 wells in the San Joaquin basin and five in the Los Angeles basin, which included over 30 steamflood and eight waterflood wells. As of December 31, 2016, the Company produced 36 billion barrels of oil equivalent (BBoe), including approximately 20 BBoe in the San Joaquin basin, 11 BBoe in the Los Angeles basin, three BBoe in the Ventura basin and 10 trillion cubic feet (Tcf) of natural gas in the Sacramento basin. Its operations included 135 fields with 8,837 gross active wellbores, as of December 31, 2016.

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