AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
California Resources Price Target Raised to $63 by UBS Analyst
ByAinvest
Wednesday, Aug 20, 2025 9:37 pm ET1min read
UBS analyst Josh Silverstein raised California Resources' (CRC) price target to $63 from $61 and maintained a Buy rating. The analyst cited persistent commodity headwinds as a dampener on upside potential. The move is part of a broader trend of analysts adjusting their price targets on the company.
UBS analyst Josh Silverstein has raised the price target for California Resources Corp (CRC) to $63 from $61, maintaining a Buy rating. The analyst cited persistent commodity headwinds as a dampener on upside potential. This adjustment follows a broader trend of analysts revising their price targets on the company.The latest move by UBS comes after California Resources Corp reported its second quarter 2025 results. The company delivered robust operational and financial performance, with record shareholder returns and operational efficiency improvements. Key highlights include a 1% gross and 3% net production quarter-over-quarter decline, the addition of a second rig in Kern County, and the successful implementation of the $235MM Aera merger, which was completed three months ahead of schedule. The company generated $324MM of adjusted EBITDAX*, exceeding guidance.
California Resources Corp has also been recognized as a Top 10 dividend-paying energy stock by Dividend Channel, further underscoring its strong profitability and valuation metrics [2]. The company's annualized dividend of $1.55 per share has been consistent, with recent dividends paid in quarterly installments.
Despite the positive developments, UBS analyst Josh Silverstein acknowledges the impact of commodity headwinds on the company's upside potential. The analyst's adjustment reflects the broader trend of analysts reassessing their price targets on California Resources Corp, as the company navigates the current market conditions.
References:
[1] https://www.marketscreener.com/news/california-resources-presentation-4a2465-ce7c51dddf8ff522
[2] https://www.nasdaq.com/articles/crc-added-top-10-energy-dividend-stock-327-yield
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet