Split History
ETFs Holding CRC »    CRC Historical Stock Prices »
Video: What is a Stock Split?


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
California Resources is an independent oil and natural gas exploration and production company. Co.'s operations are focused on the four California oil and natural gas basins: San Joaquin Basin; Los Angeles Basin; Ventura Basin; and Sacramento Basin. Co. has a development joint venture with Alpine Energy Capital, LLC to develop portions of its Elk Hills field. Co. also has a three-year development joint venture for a 20-well program with Royale Energy, Inc. In addition, Co. has a midstream joint venture with ECR Corporate Holdings L.P., a portfolio company of Ares Management L.P. This joint venture holds the Elk Hills power plant and a cryogenic gas processing plant. According to our CRC split history records, California Resources has had 2 splits.
CRC split history picture
California Resources (CRC) has 2 splits in our CRC split history database. The first split for CRC took place on June 11, 1998. This was a 2 for 1 split, meaning for each share of CRC owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split. CRC's second split took place on June 01, 2016. This was a 1 for 10 reverse split, meaning for each 10 shares of CRC owned pre-split, the shareholder now owned 1 share. For example, a 2000 share position pre-split, became a 200 share position following the split.

When a company such as California Resources splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business. When a company such as California Resources conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the CRC split history from start to finish, an original position size of 1000 shares would have turned into 200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into California Resources shares, starting with a $10,000 purchase of CRC, presented on a split-history-adjusted basis factoring in the complete CRC split history. CRC split adjusted history picture

Growth of $10,000.00
With Dividends Reinvested

Start date: 11/13/2014
End date: 07/02/2020
Start price/share: $81.00
End price/share: $1.20
Starting shares: 123.46
Ending shares: 124.15
Dividends reinvested/share: $0.30
Total return: -98.51%
Average Annual Total Return: -52.59%
Starting investment: $10,000.00
Ending investment: $149.05
Years: 5.64
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 11/13/2014
End date: 07/02/2020
Start price/share: $81.00
End price/share: $1.20
Dividends collected/share: $0.30
Total return: -98.15%
Average Annual Total Return: -50.73%
Starting investment: $10,000.00
Ending investment: $185.15
Years: 5.64
Date Ratio
06/11/19982 for 1
06/01/20161 for 10
CRC is categorized under the Energy sector; below are some other companies in the same sector that also have a history of stock splits:

CRK Split History
CRR Split History
CVX Split History
CWC Split History
CXPO Split History
DHT Split History
DNR Split History
DO Split History
DOG Split History
DOY Split History

Also explore: CRC shares outstanding history

Altus Midstream Company (ATLM)
FS KKR Capital Corp. (FSK)
Groupon (GRPN)
XpresSpa Group, Inc. (XSPA)
Energy Focus, Inc. (EFOI)
The Cushing NextGen Infrastructure Income Fund (SZC)
Teligent, Inc. (TLGT)
Laredo Petroleum, Inc. (LPI)
Global Eagle Entertainment Inc. (ENT)
ToughBuilt Industries, Inc. (TBLT)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

CRC Insider Buying

CRC Split History | www.SplitHistory.com | Copyright © 2013 - 2020, All Rights Reserved

Nothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.