California Resources Corporation (NYSE:CRC) traded today at a new 52-week high of $30.80. So far today approximately 119,000 shares have been exchanged, as compared to an average 30-day volume of 444,000 shares.
Based on a current price of $29.68, California Resources Corporation is currently 64.3% above its average consensus analyst price target of $10.60.
Over the past year, California Resources Corporation has traded in a range of $10.99 to $30.80 and is now at $29.68, 170% above that low.
California Resources produces oil and natural gas in California. At the end of 2018, the company reported net proved reserves of 618 million barrels of oil equivalent. Net production averaged 132 thousand barrels of oil equivalent per day in 2018 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
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