California Resources Corp financial data

Symbol
CRC on NYSE
Industry
Crude Petroleum & Natural Gas
Location
1 World Trade Center, Suite 1500, Long Beach, CA
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 151 % +20.1%
Quick Ratio 10.1 % +10.6%
Return On Equity 21.5 % -4.82%
Return On Assets 10.9 % -6.29%
Operating Margin 27.4 % +15%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.7M shares +33.6%
Common Stock, Shares, Outstanding 89.5M shares +30.4%
Entity Public Float 3.12B USD +7.59%
Common Stock, Value, Issued 1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 89.4M shares +30.1%
Weighted Average Number of Shares Outstanding, Diluted 91.2M shares +32.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.05B USD +10.5%
Revenue from Contract with Customer, Excluding Assessed Tax 2.19B USD -4.15%
Costs and Expenses 2.24B USD +75.8%
Operating Income (Loss) 835M USD +27.1%
Nonoperating Income (Expense) -93M USD -133%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 742M USD +24.1%
Income Tax Expense (Benefit) 211M USD +51.8%
Net Income (Loss) Attributable to Parent 531M USD +15.7%
Earnings Per Share, Basic 6.65 USD/shares +6.74%
Earnings Per Share, Diluted 6.41 USD/shares +4.91%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 241M USD -49.7%
Accounts Receivable, after Allowance for Credit Loss, Current 313M USD +28.8%
Inventory, Net 75M USD +5.63%
Other Assets, Current 184M USD +89.7%
Assets, Current 872M USD -6.14%
Deferred Income Tax Assets, Net 50M USD -66.7%
Operating Lease, Right-of-Use Asset 100M USD +47.1%
Other Assets, Noncurrent 286M USD +110%
Assets 7.13B USD +80.4%
Accounts Payable, Current 351M USD +56.7%
Employee-related Liabilities, Current 165M USD +112%
Accrued Liabilities, Current 541M USD +49.4%
Liabilities, Current 897M USD +29.3%
Deferred Income Tax Liabilities, Net 124M USD
Operating Lease, Liability, Noncurrent 71M USD +34%
Other Liabilities, Noncurrent 337M USD +45.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 77M USD +1.32%
Retained Earnings (Accumulated Deficit) 1.68B USD +34.3%
Stockholders' Equity Attributable to Parent 1.86B USD +10.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.5B USD +70.8%
Liabilities and Equity 7.13B USD +80.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 535M USD -15.9%
Net Cash Provided by (Used in) Financing Activities 279M USD -82.2%
Net Cash Provided by (Used in) Investing Activities -1.05B USD -396%
Common Stock, Shares Authorized 200M shares 0%
Common Stock, Shares, Issued 107M shares +28.1%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -238M USD -297%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 241M USD -49.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 23M USD +4.55%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 473M USD -11.4%
Operating Lease, Liability 70M USD 0%
Payments to Acquire Property, Plant, and Equipment 233M USD +20.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 532M USD +14.9%
Operating Lease, Liability, Current 20M USD +53.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 14M USD -6.67%
Lessee, Operating Lease, Liability, to be Paid, Year One 18M USD -14.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure +16.4%
Deferred Income Tax Expense (Benefit) 103M USD +35.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20M USD +33.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 12M USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 15M USD -82.4%
Current Income Tax Expense (Benefit) 108M USD +71.4%
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 10M USD -16.7%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 301M USD +37.4%
Deferred Tax Assets, Net of Valuation Allowance 473M USD -5.21%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%