CRC

California Resources Corporation is a multinational energy company operating in the oil and gas exploration and production (E&P) sector. The company has a market capitalization of $4.07 billion and generates revenue of $3.50 billion on an annual basis. With a workforce of 1,550 employees, CRC operates at a significant scale within its industry. The company's financial health is characterized by moderate profitability, with gross margin standing at 54.1% and operating margin at 12.3%. Profitability has also been reflected in net income, which totaled $384 million on an annual basis. However, returns on equity (ROE) and return on assets (ROA) are relatively low, at 11.1% and 5.8%, respectively. The company's balance sheet shows a moderate level of indebtedness, with debt to equity ratio standing at 31.95. Cash reserves amount to $196 million. CRC's valuation metrics indicate a relatively affordable price-to-earnings (P/E) ratio of 11.13, which is lower than the sector average. However, the forward P/E ratio stands at 20.00, indicating expectations for future earnings growth. The company has experienced significant declines in revenue and earnings growth, with YoY rates of -11.9% and -79.9%, respectively. A dividend yield of 349.0% is notable, but should be contextualized within the broader market environment.