California Resources P/S 2024

California Resources Aktienanalyse

What does California Resources do?

California Resources Corp (CRC) is a leading oil and gas company in California, headquartered in Los Angeles. The company's history begins in 2014, when it emerged from the spin-off of Occidental Petroleum Corporation. Since then, CRC has successfully focused on the exploration, production, processing, and marketing of oil and gas in California. CRC's business model is focused on generating steady cash flows through its production of oil and gas in California to finance its investments in production and exploration. The company's priorities lie in increasing the efficiency of its production units and developing new oil and gas reserves. CRC primarily produces crude oil, natural gas, and liquefied gas. Production mainly takes place in the Los Angeles and San Joaquin regions in Southern California, where the company's headquarters are also located. CRC's various divisions include the exploration, production, processing, and marketing of oil and gas. In exploration, the company focuses on finding new reservoirs and shifting its production units to more productive areas. To increase production, CRC utilizes advanced technologies and geological analyses to enhance the efficiency of its drilling. In production, the company combines various technologies such as vertical, horizontal, hydraulic fracturing, and CO2 storage. These are seamlessly integrated into CRC's activities to meet the energy needs of California's rapidly growing population. A key part of CRC's business model is the processing of crude oil and gas. The company operates several oil refineries and gas processing facilities in California, which take in energy from producing regions and produce fuels and other petroleum and gas-based products. This not only contributes to California's independence from other energy markets but also creates jobs and contributes to the state's economy. In the marketing sector, CRC relies on strategic partnerships with other companies to place its products in the market and sell them at competitive prices. The business partnerships range from long-term off-take agreements to joint ventures and extend from local customers to international markets. CRC's key products include gasoline, diesel fuel, aviation turbine fuel (ATF), heating oil, propane, and butane. These products are either sold directly to end customers or exported to other companies for further processing or market offering. Overall, since its establishment in 2014, CRC has proven to be a significant player in the oil and gas industry in California. With a combination of innovative technologies, strategic partnerships, and strong leadership, the company has demonstrated its ability to combine growth and efficiency in its use of natural resources in harmony with the environment and society. California Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding California Resources's P/S Ratio

California Resources's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing California Resources's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating California Resources's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in California Resources’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about California Resources Stock

What is the price-to-earnings ratio of California Resources?

The price-earnings ratio of California Resources is currently 1.09.

How has the price-earnings ratio of California Resources changed compared to last year?

The price-to-earnings ratio of California Resources has increased by 11.22% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of California Resources high compared to other companies?

Yes, the price-to-earnings ratio of California Resources is high compared to other companies.

How does an increase in the price-earnings ratio of California Resources affect the company?

An increase in the price-earnings ratio of California Resources would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of California Resources affect the company?

A decrease in the price-earnings ratio of California Resources would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of California Resources?

Some factors that influence the price-earnings ratio of California Resources are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does California Resources pay?

Over the past 12 months, California Resources paid a dividend of 1.16 USD . This corresponds to a dividend yield of about 2.2 %. For the coming 12 months, California Resources is expected to pay a dividend of 1.45 USD.

What is the dividend yield of California Resources?

The current dividend yield of California Resources is 2.2 %.

When does California Resources pay dividends?

California Resources pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of California Resources?

California Resources paid dividends every year for the past 6 years.

What is the dividend of California Resources?

For the upcoming 12 months, dividends amounting to 1.45 USD are expected. This corresponds to a dividend yield of 2.77 %.

In which sector is California Resources located?

California Resources is assigned to the 'Energy' sector.

Wann musste ich die Aktien von California Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of California Resources from 6/14/2024 amounting to 0.31 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did California Resources pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of California Resources in the year 2023?

In the year 2023, California Resources distributed 0.793 USD as dividends.

In which currency does California Resources pay out the dividend?

The dividends of California Resources are distributed in USD.