CRC - California Resources Corporation
NYSE
->
Energy
->
Oil & Gas E&P
Santa Clarita,
United States
Type: Equity
CRC price evolution
CRC
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $241 | $1031 | $403 | $496 |
| Short term investments | ||||
| Net receivables | $393 | $236 | $258 | $235 |
| Inventory | $75 | $56 | $70 | $72 |
| Total current assets | $872 | $1439 | $839 | $929 |
| Long term investments | $17 | $16 | $19 | |
| Property, plant & equipment | $5936 | $2773 | $2793 | $2770 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $3051 | $3071 | $3069 | |
| Total investments | $17 | $16 | $19 | |
| Total assets | $7128 | $4490 | $3910 | $3998 |
| Current liabilities | ||||
| Accounts payable | $351 | $248 | $251 | $245 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $897 | $593 | $594 | $616 |
| Long term debt | $1131 | $1161 | $541 | $540 |
| Total noncurrent liabilities | $1845 | $1223 | $1163 | |
| Total debt | $1161 | $541 | $540 | |
| Total liabilities | $3627 | $2438 | $1817 | $1779 |
| Shareholders' equity | ||||
| Retained earnings | $1683 | $1374 | $1387 | $1419 |
| Other shareholder equity | $77 | $72 | $72 | $74 |
| Total shareholder equity | $2052 | $2093 | $2219 | |
| (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 $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1353 | $514 | $454 | $726 |
| Cost of revenue | $230 | $258 | $261 | |
| Gross Profit | $1042 | $284 | $196 | $465 |
| Operating activities | ||||
| Research & development | $1 | $1 | ||
| Selling, general & administrative | $63 | $57 | $66 | |
| Total operating expenses | $467 | $247 | $206 | $182 |
| Operating income | $37 | -$10 | $283 | |
| Income from continuing operations | ||||
| EBIT | $28 | -$6 | $280 | |
| Income tax expense | $138 | $3 | -$9 | $79 |
| Interest expense | -$31 | $17 | $13 | $13 |
| Net income | ||||
| Net income | $345 | $8 | -$10 | $188 |
| Income (for common shares) | $8 | -$10 | $188 | |
| (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 $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $8 | -$10 | $188 | |
| Operating activities | ||||
| Depreciation | $53 | $53 | $55 | |
| Business acquisitions & disposals | -$4 | $10 | $28 | |
| Stock-based compensation | ||||
| Total cash flows from operations | $97 | $87 | $131 | |
| Investing activities | ||||
| Capital expenditures | -$34 | -$54 | -$66 | |
| Investments | $6 | -$4 | -$3 | |
| Total cash flows from investing | -$1010 | -$33 | -$49 | -$42 |
| Financing activities | ||||
| Dividends paid | -$77 | -$22 | -$21 | -$22 |
| Sale and purchase of stock | -$33 | -$61 | $1 | |
| Net borrowings | $620 | -$8 | -$51 | |
| Total cash flows from financing | $351 | $564 | -$131 | -$72 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$255 | $628 | -$93 | $17 |
| (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 | $3.90B |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 89.46M |
| Revenue | $3.05B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $531.00M |
| Revenue Q/Q | 194.13% |
| Revenue Y/Y | N/A |
| P/E ratio | 7.35 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.28 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | 2.69 |
| EPS | $5.94 |
|---|---|
| ROA | 10.88% |
| ROE | N/A |
| Debt/Equity | 0.80 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.97 |
| Quick ratio | 0.89 |