California Resources (CRC) – Investment Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for California Resources (NYSE: CRC):

• 9/18/2026 – California Resources had its price target lowered by Stephens from $93.00 to $91.00. They now have an “overweight” rating on the stock.
• 9/17/2026 – California Resources had its “buy” rating reaffirmed by Roth Capital. They now have a $59.00 price target on the stock, up from $58.00.
• 9/14/2026 – California Resources had its “buy” rating reaffirmed by UBS Group AG. They now have a $73.00 price target on the stock, up from $67.00.
• 9/14/2026 – California Resources had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $77.00 price target on the stock.
• 9/10/2026 – California Resources is now covered by Stifel Nicolaus. They set a “buy” rating and a $68.00 price target on the stock.
• 9/3/2026 – California Resources is now covered by Seaport Research Partners. They set a “neutral” rating on the stock.
• 8/26/2026 – California Resources was upgraded by Zacks Research from “strong sell” to “hold”.
• 8/17/2026 – California Resources was given a new $74.00 price target by Barclays PLC. They now have an “overweight” rating on the stock.
• 8/12/2026 – California Resources had its price target lowered by UBS Group AG from $70.00 to $67.00. They now have a “buy” rating on the stock.
• 8/11/2026 – California Resources was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 8/11/2026 – California Resources had its “overweight” rating reaffirmed by Barclays PLC. They now have a $77.00 price target on the stock, down from $80.00.

California Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 4th were issued a $0.4050 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.62 annualized dividend and a yield of 3.1%. California Resources’s dividend payout ratio is currently -119.12%.

Insider Transactions at California Resources

In other California Resources news, EVP Jay Bys sold 11,907 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $54.00, for a total transaction of $642,978.00. Following the transaction, the executive vice president directly owned 135,610 shares in the company, valued at $7,322,940. This represents a 8.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 35,721 shares of company stock valued at $1,928,934 over the last 90 days. Corporate insiders own 0.53% of the company’s stock.

California Resources Corporation (NYSE: CRC) is an energy company focused on developing and producing oil and natural gas resources in California. Its operations include exploration, drilling, production, processing and marketing of crude oil, natural gas and natural gas liquids, primarily for customers in the California market.

The company’s assets are located in several of California’s major petroleum-producing regions, including the San Joaquin, Los Angeles and Sacramento basins. California Resources also manages related infrastructure and mineral interests associated with its production operations.

In addition to conventional energy production, California Resources has pursued carbon management opportunities through its Carbon TerraVault platform.