CRC - California Resources Corporation
NYSE
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Oil & Gas E&P
Santa Clarita,
United States
Type: Equity
CRC price evolution
CRC
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jul 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $496 | $479 | $448 | $477 |
| Short term investments | ||||
| Net receivables | $235 | $269 | $212 | $279 |
| Inventory | $72 | $71 | $69 | $64 |
| Total current assets | $929 | $929 | $867 | $972 |
| Long term investments | $19 | $15 | $14 | $14 |
| Property, plant & equipment | $2770 | $2722 | $2745 | $2764 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $3069 | $3023 | $3033 | $3028 |
| Total investments | $19 | $15 | $14 | $14 |
| Total assets | $3998 | $3952 | $3900 | $4000 |
| Current liabilities | ||||
| Accounts payable | $245 | $224 | $206 | $260 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $616 | $694 | $582 | $717 |
| Long term debt | $540 | $589 | $593 | $592 |
| Total noncurrent liabilities | $1163 | $1208 | $1208 | $1191 |
| Total debt | $540 | $589 | $593 | $592 |
| Total liabilities | $1779 | $1902 | $1790 | $1908 |
| Shareholders' equity | ||||
| Retained earnings | $1419 | $1253 | $1295 | $1219 |
| Other shareholder equity | $74 | $76 | $81 | $81 |
| Total shareholder equity | $2219 | $2050 | $2110 | $2092 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 30 Jan 2021 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $496 | $307 | $305 | $28 |
| Short term investments | ||||
| Net receivables | $235 | $408 | $245 | $177 |
| Inventory | $72 | $60 | $60 | $61 |
| Total current assets | $929 | $864 | $753 | $329 |
| Long term investments | $19 | $13 | ||
| Property, plant & equipment | $2770 | $2859 | $2599 | $2655 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $3069 | $3103 | $3093 | $2745 |
| Total investments | $19 | $13 | ||
| Total assets | $3998 | $3967 | $3846 | $3074 |
| Current liabilities | ||||
| Accounts payable | $245 | $345 | $266 | $212 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $616 | $894 | $854 | $473 |
| Long term debt | $540 | $592 | $589 | $597 |
| Total noncurrent liabilities | $1163 | $1209 | $1304 | $1419 |
| Total debt | $540 | $592 | $589 | |
| Total liabilities | $1779 | $2103 | $2158 | $1892 |
| Shareholders' equity | ||||
| Retained earnings | $1419 | $938 | $475 | -$123 |
| Other shareholder equity | $74 | $81 | $72 | $36 |
| Total shareholder equity | $2219 | $1864 | $1688 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jul 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $726 | $460 | $1024 | |
| Cost of revenue | $261 | $266 | $444 | |
| Gross Profit | $465 | $194 | $580 | |
| Operating activities | ||||
| Research & development | $1 | $1 | ||
| Selling, general & administrative | $66 | $65 | $65 | |
| Total operating expenses | $182 | $209 | $187 | |
| Operating income | $283 | -$15 | $393 | |
| Income from continuing operations | ||||
| EBIT | $280 | -$15 | $390 | |
| Income tax expense | $79 | -$8 | $75 | |
| Interest expense | $13 | $15 | $14 | |
| Net income | ||||
| Net income | $188 | -$22 | $301 | |
| Income (for common shares) | $188 | -$22 | $301 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 30 Jan 2021 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $2801 | $2707 | $1889 | $1559 |
| Cost of revenue | $1213 | $1275 | $1048 | |
| Gross Profit | $1588 | $1432 | $841 | $871 |
| Operating activities | ||||
| Research & development | $3 | $4 | $7 | |
| Selling, general & administrative | $267 | $222 | $200 | |
| Total operating expenses | $780 | $620 | $672 | $2756 |
| Operating income | $808 | $812 | $169 | -$1885 |
| Income from continuing operations | ||||
| EBIT | $804 | $814 | $270 | |
| Income tax expense | $184 | $237 | -$396 | |
| Interest expense | $56 | $53 | $54 | $217 |
| Net income | ||||
| Net income | $564 | $524 | $612 | $1766 |
| Income (for common shares) | $564 | $524 | $612 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $188 | -$22 | $97 | $301 |
| Operating activities | ||||
| Depreciation | $55 | $56 | $56 | $58 |
| Business acquisitions & disposals | $28 | -$1 | ||
| Stock-based compensation | ||||
| Total cash flows from operations | $131 | $104 | $108 | $310 |
| Investing activities | ||||
| Capital expenditures | -$66 | -$33 | -$39 | -$47 |
| Investments | -$3 | $5 | -$2 | -$13 |
| Total cash flows from investing | -$42 | -$28 | -$44 | -$61 |
| Financing activities | ||||
| Dividends paid | -$22 | -$19 | -$20 | -$20 |
| Sale and purchase of stock | $1 | -$20 | -$64 | -$58 |
| Net borrowings | -$51 | -$5 | ||
| Total cash flows from financing | -$72 | -$45 | -$93 | -$79 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $17 | $31 | -$29 | $170 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 30 Jan 2021 |
|---|---|---|---|---|
| Net income | $564 | $524 | $612 | $1871 |
| Operating activities | ||||
| Depreciation | $225 | $198 | $213 | |
| Business acquisitions & disposals | $27 | $63 | $15 | |
| Stock-based compensation | ||||
| Total cash flows from operations | $653 | $690 | $660 | $106 |
| Investing activities | ||||
| Capital expenditures | -$185 | -$379 | -$194 | |
| Investments | -$13 | $1 | $20 | |
| Total cash flows from investing | -$175 | -$317 | -$161 | -$37 |
| Financing activities | ||||
| Dividends paid | -$81 | -$59 | -$14 | -$2 |
| Sale and purchase of stock | -$141 | -$312 | -$146 | |
| Net borrowings | -$56 | -$12 | ||
| Total cash flows from financing | -$289 | -$371 | -$222 | -$58 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $189 | $2 | $277 | $11 |
News
Fundamentals
| Market cap | $3.69B |
|---|---|
| Enterprise value | $3.73B |
| Shares outstanding | 68.69M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | 6.45% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 1.72 |
| Book/Share | 31.23 |
| Cash/Share | 7.22 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 0.80 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.51 |
| Quick ratio | 1.39 |