Are Oils-Energy Stocks Lagging California Resources (CRC) This Year?
ZACKS·2025-09-16 14:41

Group 1 - California Resources Corporation (CRC) is currently outperforming the Oils-Energy sector with a year-to-date return of approximately 8.6%, compared to the sector's average gain of about 4.5% [4] - CRC has a Zacks Rank of 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with the consensus estimate for its full-year earnings having increased by 16.1% in the past quarter [3][4] - The Oils-Energy group, which includes CRC, is ranked 14 within the Zacks Sector Rank, which consists of 16 different groups [2] Group 2 - CRC operates within the Oil and Gas - Exploration and Production - United States industry, which has seen an average loss of 22.9% this year, highlighting CRC's relative strength in this area [6] - Another notable stock in the Oils-Energy sector is Eni SpA (E), which has returned 28% year-to-date and has a Zacks Rank of 2 (Buy) [5][7] - The Oil and Gas - Integrated - International industry, to which Eni SpA belongs, is currently ranked 93 and has gained 5.7% this year [7]