California Resources Corp Stock In The News
| CRC Stock | USD 58.47 0.09 0.15% |
Our overall analysis of California Resources' news coverage and content from conventional and social sources shows investors' bearish mood towards California Resources Corp. The specific impact of California Resources news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of California Resources' overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using California Resources headlines in addition to utilizing other, more conventional financial analysis modules. Check out California Resources Backtesting and California Resources Hype Analysis.
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California Resources Today Top News and Investor Outlook
California Resources Corp Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide California and other traded companies coverage with news coverage. We help investors stay connected with California headlines for the 28th of November to make an informed investment decision based on correlating the impacts of news items on California Stock performance. Please note that trading solely based on the California Resources Corp hype is not for everyone as timely availability and quick action are needed to avoid losses.
California Resources stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the California earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about California Resources that are available to investors today. That information is available publicly through California media outlets and privately through word of mouth or via California internal channels. However, regardless of the origin, that massive amount of California data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of California Resources news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of California Resources relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to California Resources' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive California Resources alpha.
California Largest EPS Surprises
Earnings surprises can significantly impact California Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-08-02 | 2018-06-30 | -0.36 | -0.29 | 0.07 | 19 | ||
2021-08-05 | 2021-06-30 | 0.83 | 0.94 | 0.11 | 13 | ||
2024-05-07 | 2024-03-31 | 0.63 | 0.75 | 0.12 | 19 | ||
2022-05-05 | 2022-03-31 | 1.26 | 1.13 | -0.13 | 10 | ||
2024-11-05 | 2024-09-30 | 1.34 | 1.5 | 0.16 | 11 | ||
2024-08-06 | 2024-06-30 | 0.78 | 0.6 | -0.18 | 23 |
California Resources Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to California Resources Corp Stock. Current markets are slightly bullish. About 55% of major world exchanges and indexes are currently up. See today's market update for more information.
27th of November 2024
California Resources declares 0.3875 dividend at seekingalpha.com
25th of November 2024
California Resources Corporation Names Clio Crespy as Chief Financial Officer at gurufocus.com
20th of November 2024
California Resources Sees RS Rating Climb To 74 at investors.com
18th of November 2024
California Resources shares target increased on robust performance at investing.com
12th of November 2024
California Resources Shows Rising Relative Price Performance Still Shy Of Key Threshold at investors.com
8th of November 2024
California Resources Issues Quarterly Earnings Results at thelincolnianonline.com
7th of November 2024
California Resources Third Quarter 2024 Earnings Beats Expectations at finance.yahoo.com
5th of November 2024
California Resources Corporation Q3 Earnings and Revenues Surpass Estimates at finance.yahoo.com
22nd of October 2024
California Resource carbon capture project wins approval from Kern County at seekingalpha.com
9th of October 2024
3 US Stocks That Might Be Trading Below Their Estimated Value at finance.yahoo.com
California Resources Investors Sentiment
The influence of California Resources' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in California. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to California Resources' public news can be used to forecast risks associated with an investment in California. The trend in average sentiment can be used to explain how an investor holding California can time the market purely based on public headlines and social activities around California Resources Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
California Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for California Resources' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average California Resources' news discussions. The higher the estimated score, the more favorable is the investor's outlook on California Resources.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards California Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, California Resources' short interest history, or implied volatility extrapolated from California Resources options trading.
Check out California Resources Backtesting and California Resources Hype Analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Resources. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Dividend Share 1.318 | Earnings Share 7.02 | Revenue Per Share 35.122 | Quarterly Revenue Growth 0.502 |
The market value of California Resources Corp is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Resources' value that differs from its market value or its book value, called intrinsic value, which is California Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Resources' market value can be influenced by many factors that don't directly affect California Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if California Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.