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Relatively High Future Earnings Growth Detected in Shares of California Resources Corporation in the Oil & Gas Exploration & Production Industry (CRC, EGY, REI, PDCE, ESTE)

By David Diaz

Below are the three companies in the Oil & Gas Exploration & Production industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

California Resources Corporation ranks highest with a future earnings growth of 130.8%. Following is VAALCO Energy, Inc. with a future earnings growth of 122.2%. Ring Energy Inc ranks third highest with a future earnings growth of 74.1%.

Pdc Energy Inc follows with a future earnings growth of 72.6%, and Earthstone Ene-A rounds out the top five with a future earnings growth of 54.2%.

SmarTrend is tracking the current trend status for California Resources Corporation and will alert subscribers who have CRC in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest future earnings growth :crc california resources corporation :egy vaalco energy inc. amex:rei ring energy inc pdc energy inc earthstone ene-a

Ticker(s): PDCE ESTE