California Resources is an independent oil and natural gas exploration and production company. Through its subsidiary, Carbon TerraVault, Co. is in the early stages of developing several carbon capture and sequestration projects in California. Separately, Co. is evaluating the feasibility of a carbon capture system to be located at its Elk Hills power plant. Co. is also pursuing multiple solar projects for supplying the grid (front-of-the-meter solar) and powering its operations (behind-the-meter solar). Co.'s operations are focused on the San Joaquin Basin, Los Angeles Basin, Ventura Basin, Sacramento Basin and other, which is in the Salinas basin and the Santa Maria basin. The CRC average annual return since 2020 is shown above.
The Average Annual Return on the CRC average annual return since 2020 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether CRC average annual return since 2020 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CRC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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