The WACC of California Resources Corp (CRC) is 9.6%.
| Range | Selected | |
| Cost of equity | 8.50% - 12.00% | 10.25% |
| Tax rate | 15.20% - 27.20% | 21.20% |
| Cost of debt | 4.50% - 5.30% | 4.90% |
| WACC | 8.0% - 11.2% | 9.6% |
| Category | Low | High |
| Long-term bond rate | 3.9% | 4.4% |
| Equity market risk premium | 4.6% | 5.6% |
| Adjusted beta | 1 | 1.28 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 8.50% | 12.00% |
| Tax rate | 15.20% | 27.20% |
| Debt/Equity ratio | 0.11 | 0.11 |
| Cost of debt | 4.50% | 5.30% |
| After-tax WACC | 8.0% | 11.2% |
| Selected WACC | 9.6% | |