CRC - NYSE
California Resources Corporation
$62.20
-1.2%California Resources Corporation operates as an independent oil and natural gas company. The company explores for, produces, gathers, processes, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. As of December 31, 2021, it had interests in approximately 1.9 million net mineral acres with proved reserves totaled an estimated 480 million barrels of oil equivalent. The company also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Santa Clarita, California.
At a Glance
Live SnapshotCalifornia Resources Corporation Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
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DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.3B | $2.1B | $3.2B | $5.0B | $7.8B | $12.1B | $18.7B | $29.0B | $45.0B | $69.9B |
| Maintenance CapEx | -$99.9M | -$155.0M | -$240.5M | -$373.1M | -$578.8M | -$898.0M | -$1.4B | -$2.2B | -$3.4B | -$5.2B |
| Owner Earnings | $1.2B | $1.9B | $3.0B | $4.6B | $7.2B | $11.2B | $17.3B | $26.9B | $41.7B | $64.7B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $1.2B | $1.7B | $2.4B | $3.4B | $4.9B | $7.0B | $10.1B | $14.5B | $20.9B | $30.0B |
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