कंपनी का अवलोकन
California Resources Corporation operates as an independent entity focused on energy production and carbon management within the United States, specifically engaging in the exploration, development, and production of crude oil, oil condensate, natural gas liquids, and natural gas. The company functions within the Energy sector and the Oil & Gas E&P industry, a classification that defines its core activities as upstream hydrocarbon extraction and associated carbon management operations. According to available data, the firm employs approximately 2,500 individuals and maintains a market capitalization of $5.86B while generating annual revenue of $3.40B. These financial metrics indicate a mid-cap status that reflects a substantial operational footprint in the energy landscape, suggesting the company has established significant infrastructure and resource reserves to support its production levels. The scale of operations, evidenced by the revenue figure relative to the market cap, points to a mature business model where capital expenditure directly influences production output and overall valuation.
वित्तीय स्वास्थ्य
The company reported a trailing twelve-month revenue of $3.40B and a net income of $363.00M, resulting in an EBITDA of $1.26B. The substantial gap between the $3.40B revenue and the $363.00M net income reveals a cost structure where operational expenses, taxes, and depletion costs consume a significant portion of top-line earnings before reaching the bottom line. Despite the revenue contraction, the entity generated free cash flow of $544.63M, which provides the financial flexibility required to fund capital projects, service debt obligations, or return capital to shareholders without immediate reliance on external financing. The margin profile shows a gross margin of 54.4%, an operating margin of 18.7%, and a profit margin of 10.7%, indicating that while the extraction of resources retains high value, significant costs related to lifting, processing, and administrative overhead reduce the final profitability. In terms of leverage, the company holds $132.00M in cash against $1.36B in debt, with a debt-to-equity ratio of 37.04%, suggesting a balance sheet that utilizes leverage but remains within standard industry parameters for capital-intensive oil and gas firms. The current ratio stands at 0.89, which indicates that the company's current assets are insufficient to cover current liabilities without relying on cash generation or asset liquidation in the short term. Return on equity is recorded at 10.1% and return on assets at 6.4%, metrics that reveal the management's effectiveness in utilizing shareholder capital and total assets to generate profits, respectively.
मूल्यांकन आकलन
The valuation metrics display a trailing P/E ratio of 15.90 and a forward P/E of 15.39, where the slight reduction in the forward multiple implies an expectation of stable or modestly increasing earnings trajectory relative to current historical performance. The price-to-book ratio is calculated at 1.59, indicating that the market values the company at a premium of 59% over its net asset book value, which often reflects the value of underlying oil and gas reserves not fully captured on the balance sheet. Alternative valuation measures include a price-to-sales ratio of 1.72 and an EV/EBITDA of 5.62, suggesting that the market is pricing the stock based on a multiple that is competitive within the energy sector when adjusted for enterprise value and operating cash earnings. The 52-week high is $71.98 and the 52-week low is $30.97, and without the current specific share price provided in the facts, the trading position relative to this range can only be contextualized by the volatility inherent in the stock. The beta value is 1.03, meaning the stock price exhibits volatility that is slightly higher than the broader market average, reflecting the sensitivity of oil prices and operational conditions on the stock's daily fluctuations.
Growth & Income
Recent performance data indicates a revenue growth year-over-year of -13.8% and an earnings growth year-over-year of -61.5%, showing that earnings are contracting at a significantly faster rate than revenue, which implies rising costs or a decline in realized volume per barrel that is impacting profitability more severely than top-line sales. For dividend payers, the company offers a dividend yield of 2.5% with a payout ratio of 37.8%, indicating that the current dividend payment represents less than half of the generated net income, which suggests the payout ratio is potentially sustainable given the current earnings generation despite the recent contraction. The negative growth rates across both revenue and earnings highlight a challenging operational environment or market conditions affecting production volumes or pricing power in the current fiscal period. The overall growth and income profile reflects a company currently navigating a period of earnings compression while maintaining a dividend commitment supported by a payout ratio that does not exceed earnings generation capacity.