Is California Resources Corp (CRC) overvalued? · P/E 7.7, rev $3.20B
California Resources Corp (CRC) is a oil & gas e&p company listed on US.
This page asks whether California Resources Corp (CRC) looks expensive on cached numbers — not a short thesis.
Latest reported CRC revenue for 2024-12-31 was $3.20B. Net income was $376.0M. Revenue was up 14.2% from 2023-12-31 to 2024-12-31. CRC currently screens at market cap $4.14B and trailing P/E 7.7.
CRC currently screens at market cap $4.14B and trailing P/E 7.7. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next CRC 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the CRC stock page for the full model, not this heading.
Not investment advice.