California Resources Corporation’s filing revealed that its Former Affiliate IKAV Energy Inc. acquired Company’s shares for reported $5.55 million on Aug 12 ’25. In the deal valued at $47.87 per share,115,906 shares were bought.
Then, SIMLOG Inc. bought 279,737 shares, generating $13,391,010 in total proceeds.
Before that, IKAV Impact S.a r.l. bought 1,023,681 shares. California Resources Corporation shares valued at $49,003,609 were divested by the Former Affiliate at a price of $47.87 per share.
JP Morgan upgraded its California Resources Corporation [CRC] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in late May from “an Equal weight” to “an Overweight”. Citigroup also remained covering CRC and has decreased its forecast on April 07, 2025 with a “Neutral” recommendation from previously “Buy” rating. Truist started covering the stock on January 13, 2025. It rated CRC as “a Buy”.
Price Performance Review of CRC
On Tuesday, California Resources Corporation [NYSE:CRC] saw its stock fall -1.82% to $47.38. Over the last five days, the stock has lost -2.31%. California Resources Corporation shares have fallen nearly -6.10% since the year began. Nevertheless, the stocks have fallen -8.69% over the past one year. While a 52-week high of $60.41 was reached on 01/22/25, a 52-week low of $30.97 was recorded on 04/09/25.
Levels Of Support And Resistance For CRC Stock
The 24-hour chart illustrates a support level at 46.85, which if violated will result in even more drops to 46.32. On the upside, there is a resistance level at 48.22. A further resistance level may holdings at 49.06.
How much short interest is there in California Resources Corporation?
A steep rise in short interest was recorded in California Resources Corporation stocks on 2025-07-31, dropping by -1.86 million shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 4.8 million shares. There was a decline of -63.32%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 20, 2024 when JP Morgan began covering the stock and recommended ‘”a Neutral”‘ rating along with a $63 price target.
