California Resources Corp. Hits New 52-Week High of $62.69

4 hours ago
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California Resources Corp. has achieved a new 52-week high, reflecting its strong performance in the oil sector. With a market capitalization of USD 5,441 million, the company boasts a favorable P/E ratio, a high dividend yield, and a low debt-to-equity ratio, indicating solid financial health and effective management.
California Resources Corp. Hits New 52-Week High of $62.69
California Resources Corp. has reached a significant milestone by hitting a new 52-week high of USD 62.69 on March 3, 2026. This achievement underscores the company's strong performance in the oil industry, particularly as it has outperformed the S&P 500, boasting a one-year performance of 27.6% compared to the index's 17.36%.
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 offers an impressive dividend yield of 51.10%, which reflects its commitment to returning value to shareholders. The company's financial health is further highlighted by a debt-to-equity ratio of 0.24, showcasing its strong ability to manage debt. With a return on equity (ROE) of 10.94%, California Resources Corp. demonstrates effective management efficiency. The stock's 52-week low stands at USD 30.97, marking a significant recovery and growth trajectory over the past year.
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