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California Resources's quarterly market cap
increased
from Dec. 2025 ($3,968 Mil) to Mar. 2026 ($6,146 Mil) but then
declined
from Mar. 2026 ($6,146 Mil) to Jun. 2026 ($4,696 Mil).
California Resources's annual market cap
increased
from Dec. 2023 ($3,756 Mil) to Dec. 2024 ($4,727 Mil) but then
declined
from Dec. 2024 ($4,727 Mil) to Dec. 2025 ($3,968 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. California Resources's Enterprise Value for Today is $6,073 Mil.
California Resources (NYSE:CRC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
California Resources Market Cap Related Terms
California Resources Market Cap Historical Data
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The historical data trend for California Resources's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, California Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
California Resources Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, California Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where California Resources's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
California Resources's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
California Resources (CRC) has a Market Cap of $4,735 Mil as of Aug. 15, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on California Resources and its competitors. According to the industry distribution chart, California Resources ranks #165 out of 1053 companies in the Oil & Gas industry, placing it in the top 15.7%.
Is California Resources' Market Cap too high?
California Resources' current Market Cap is $4,735 Mil. The Oil & Gas industry median Market Cap is 224.31. California Resources' value of $4,735 Mil is 2011% above this industry median. Based on the distribution chart, California Resources ranks #165 out of 1053 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, California Resources has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does California Resources' Market Cap compare to CNX and CRK?
According to the Oil & Gas industry distribution chart, California Resources ranks #165 out of 1053 companies for Market Cap. This places California Resources in the top 16% of its industry — outperforming the majority of peers. The industry median Market Cap is 224.31. California Resources' value of $4,735 Mil is 2011% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 224.31, based on 1,053 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. California Resources's current Market Cap of $4,735 Mil is 2011% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on California Resources and its competitors. For the Oil & Gas industry, the median Market Cap is 224.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. California Resources's current Market Cap is $4,735 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Resources stock overvalued right now?
Based on GuruFocus' analysis, California Resources (CRC) is currently considered Fairly Valued. The stock's GF Value™ is $57.51, compared to a current price of $53.31 — trading 7.3% below its estimated fair value. The current Market Cap is $4,735 Mil and 2011% above the Oil & Gas industry median of 224.31. California Resources' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For California Resources (CRC), the current Market Cap is $4,735 Mil as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is California Resources (CRC) Overvalued in 2026?
Based on GuruFocus' analysis, California Resources stock appears to be undervalued.
The current stock price of $53.31 is trading 7.3% below its estimated GF Value™ of $57.51.
GuruFocus considers California Resources to be Fairly Valued.
Key valuation signals for CRC:
Market Cap: $4,735 Mil
GF Value™: $57.51 vs. price of $53.31 (7.3% below fair value)
Industry Position: 2011% above the Oil & Gas median (#165 of 1053)
No single metric tells the full story. See the CRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
67GF Score
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