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 stock yearly return is shown above.
The yearly return on the CRC stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the CRC annual return calculation with any dividends reinvested as applicable (on ex-dates).
|