California Resources Corp. Hits New 52-Week High at $62.48

California Resources Corp. has reached a significant milestone by hitting a new 52-week high of USD 62.48 on March 2, 2026. This achievement underscores the company's strong performance in the oil industry, particularly as it has outperformed the S&P 500, which recorded a 1-year performance of 17.36% compared to California Resources Corp.'s impressive 29.8%. With a market capitalization of USD 5,441 million, California Resources Corp. is classified as a small-cap company. The stock exhibits a price-to-earnings (P/E) ratio of 12.00, indicating a favorable valuation relative to its earnings. Additionally, the company boasts a robust dividend yield of 51.10%, reflecting its commitment to returning value to shareholders. The financial health of California Resources Corp. is further highlighted by a debt-to-equity ratio of 0.24, suggesting a strong ability to manage its debt obligations. The return on equity stands at 10.94%, showcasing effective management and operational efficiency. Overall, the recent price movement and financial metrics position California Resources Corp. as a noteworthy player in the oil sector.