stock poised for carbon-driven growth By Investing.com
California Resources Corporation (NYSE:), a diversified energy company formed in 2014 after spinning off from Occidental Petroleum (NYSE:), has positioned itself at the forefront of the energy transition in California. With a market capitalization of $4.95 billion and an impressive return on equity of 19%, InvestingPro data shows CRC operates with moderate debt levels and maintains a healthy dividend yield of 2.94%. With operations spanning carbon management, traditional upstream activities, and other assets including power, infrastructure, and real estate, CRC has drawn significant attention from analysts for its potential to capitalize on the growing demand for carbon management solutions.
