California Resources ROE 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.

ROE Details

Decoding California Resources's Return on Equity (ROE)

California Resources's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing California Resources's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

California Resources's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in California Resources’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about California Resources stock

What is the ROE (Return on Equity) of California Resources this year?

The ROE of California Resources this year is 0.25 undefined.

How has the Return on Equity (ROE) of California Resources developed compared to the previous year?

The ROE of California Resources has increased by -9.59% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of California Resources?

A high ROE indicates that California Resources generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of California Resources?

A low ROE can indicate that California Resources is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of California Resources affect the company?

A change in ROE (Return on Equity) of California Resources can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of California Resources?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of California Resources?

Some factors that can influence California Resources's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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 2.25 %. 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 2.25 %.

When does California Resources pay dividends?

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

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 2.83 %.

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 9/16/2024 amounting to 0.388 USD, you needed to have the stock in your portfolio before the ex-date on 8/30/2024.

When did California Resources pay the last dividend?

The last dividend was paid out on 9/16/2024.

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.