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California Resources (FRA:1CLD) 5-Year Yield-on-Cost % : 2.59 (As of Jun. 09, 2024)


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What is California Resources 5-Year Yield-on-Cost %?

California Resources's yield on cost for the quarter that ended in Mar. 2024 was 2.59.


The historical rank and industry rank for California Resources's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:1CLD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.34   Med: 1.85   Max: 2.59
Current: 2.59


During the past 13 years, California Resources's highest Yield on Cost was 2.59. The lowest was 0.34. And the median was 1.85.


FRA:1CLD's 5-Year Yield-on-Cost % is ranked worse than
75.5% of 498 companies
in the Oil & Gas industry
Industry Median: 4.965 vs FRA:1CLD: 2.59

Competitive Comparison of California Resources's 5-Year Yield-on-Cost %

For the Oil & Gas E&P subindustry, California Resources's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, California Resources's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where California Resources's 5-Year Yield-on-Cost % falls into.



California Resources 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of California Resources is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

California Resources  (FRA:1CLD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


California Resources 5-Year Yield-on-Cost % Related Terms

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California Resources (FRA:1CLD) Business Description

Traded in Other Exchanges
Address
1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. CRC has a large portfolio of lower-risk conventional opportunities in the following California oil and gas basins: San Joaquin, Los Angeles, Ventura, and Sacramento.

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