California Resources Corp CRC
$53.24 $0.17 (0.32%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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CRC Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, California Resources Corp is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
California Resources Corp. Stock Analysis CRC
United States Energy Mid Cap California Resources Corp. is an independent energy and carbon management company, which engages in energy transition. The company is headquartered in Long Beach, California and currently employs 2,500 full-time employees. The company went IPO on 2014-11-13. The Company’s segments include Oil and Natural Gas and Carbon Management. Its Carbon Management business, Carbon TerraVault, focuses on building, installing, operating, and maintaining carbon dioxide 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. The company has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. The company 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 firm is also focused on Uinta basin.
California Resources Corp (CRC) Chart
Financial Metrics & Statements of California Resources Corp (CRC)
FAQ's for California Resources Corp (CRC)
- As of August 2026, California Resources Corp CRC is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes California Resources Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in California Resources Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of California Resources Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of California Resources Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of California Resources Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for California Resources Corp (CRC)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
