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The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. This contrarian strategy finds the most unpopular mid- and large-cap stocks in the market and looks for improving fundamentals. CALIFORNIA RESOURCES CORP (CRC) is a mid-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on David Dreman changed from 54% to 69% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: California Resources Corporation is an independent energy and carbon management company committed to energy transition. The CompanyGs segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide (CO2) equipment, transportation assets and storage facilities. The Oil and Natural Gas segment explores for, develops and produces crude oil, oil condensate, natural gas liquids and natural gas. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other.
It has interests in oil and gas fields throughout the San Joaquin basin, including in Elk Hills, Buena Vista, Coles Levee, North Belridge and South Belridge, Kern Front, Lost Hills, Cymric, McKittrick, Midway Sunset and Coalinga. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. MARKET CAP:PASSEARNINGS TREND:PASSEPS GROWTH RATE IN THE IMMEDIATE PAST AND FUTURE:FAILP/E RATIO:PASSPRICE/CASH FLOW (P/CF) RATIO:PASSPRICE/BOOK (P/B) VALUE:FAILPRICE/DIVIDEND (P/D) RATIO:FAILCURRENT RATIO:FAILPAYOUT RATIO:FAILRETURN ON EQUITY:FAILPRE-TAX PROFIT MARGINS:PASSYIELD:PASSLOOK AT THE TOTAL DEBT/EQUITY:PASS Detailed Analysis of CALIFORNIA RESOURCES CORP CRC Guru Analysis CRC Fundamental Analysis David Dreman Portfolio About David Dreman: Dreman's Kemper-Dreman High Return Fund was one of the best-performing mutual funds ever, ranking as the best of 255 funds in its peer groups from 1988 to 1998, according to Lipper Analytical Services.
At the time Dreman published Contrarian Investment Strategies: The Next Generation, the fund had been ranked number one in more time periods than any of the 3,175 funds in Lipper's database. In addition to managing money, Dreman is also a longtime Forbes magazine columnist. About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Validea David Dreman Strategy Daily Upgrade Report - 6/14/2025
June 14, 2025 07:51 PM AEST | By EODHD
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