California Resources Corp Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
18.7%projected annual EPS growth
Analyst Coverage
11analysts covering
FY Revenue (est.)
$3.5Bnext fiscal year
FY EPS (est.)
$3.91next fiscal year
Monitoring Framework
Key Performance Indicators
Average Net Production Quarterly154KTarget: 149,000 - 155,000 BOE/d (Full Year 2026 Guidance)
Adjusted EBITDAX Quarterly304MTarget: $1.4 - $1.5 Billion (Full Year 2026 Guidance)
Berry Merger Annual Synergies AnnuallyTarget: $90 - $100 Million
Operated Drilling Rig Count Quarterly4Target: 7 rigs (H2 2026 ramp-up target)
Watch Items
- California Regulatory Permitting EnvironmentTrigger: Delays in receiving new drilling permits or legal challenges to SB 237Action: Re-evaluate capital expenditure budget and adjust organic production growth targets downward.
- Carbon Capture and Storage (CCS) Milestones at Carbon TerraVault ITrigger: Operational issues or regulatory delays with the newly initiated CO2 injection at CTV IAction: Assess impact on long-term carbon management revenue projections and ESG-driven investment thesis.
- Commodity Price Volatility (Brent Crude)Trigger: Brent crude falling below $65 per barrel floor priceAction: Review hedging coverage (currently ~65% of remaining 2026 production hedged at $65/bbl floor) and adjust capital allocation.
Research as of 19 Jun 2026