Analysts Are Wrong About This Under-The-Radar U.S. Producer

In mid-2017, California Resources, (CRC), took off like a rocket, reaching a peak of over $50 a share before the world changed in early October of 2018. The CRC long thesis is pretty straight-forward. CRC’s insulated market in California, imports almost 60 percent of its crude from overseas.

Source: Analysts Are Wrong About This Under-The-Radar U.S. Producer

Leave a Reply

Your email address will not be published.