California Resources Corporation (CRC)
$
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
9
8
7
6
5
4
3
2
1
0
About
Business overview of California Resources Corporation (CRC)
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
Key Insights
Critical company metrics and information
Share Price
$53.60Market Cap
$4.92 BillionTotal Outstanding Shares
91.71 Million SharesTotal Employees
970Dividend
$0.3875 Per Share QuarterlyIPO Date
October 28, 2020SIC Description
Crude Petroleum & Natural GasHomepage
https://www.crc.com
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $-238.00 Million |
| Net Cash Flow | $-238.00 Million |
| Net Cash Flow From Investing Activities | $-1.05 Billion |
| Net Cash Flow From Operating Activities | $535.00 Million |
| Net Cash Flow From Investing Activities, Continuing | $-1.05 Billion |
| Net Cash Flow From Financing Activities | $279.00 Million |
| Net Cash Flow From Operating Activities, Continuing | $535.00 Million |
| Net Cash Flow From Financing Activities, Continuing | $279.00 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income/Loss From Equity Method Investments | $-12.00 Million |
| Operating Income/Loss | $835.00 Million |
| Revenues | $3.05 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $0.00 |
| Costs And Expenses | $2.24 Billion |
| Basic Earnings Per Share | $6.56 |
| Diluted Earnings Per Share | $6.35 |
| Income Tax Expense/Benefit | $211.00 Million |
| Basic Average Shares | $226.20 Million |
| Preferred Stock Dividends And Other Adjustments | $0.00 |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0.00 |
| Other Operating Expenses | $1.92 Billion |
| Income/Loss From Continuing Operations After Tax | $531.00 Million |
| Income Tax Expense/Benefit, Deferred | $103.00 Million |
| Net Income/Loss Attributable To Parent | $531.00 Million |
| Operating Expenses | $2.21 Billion |
| Selling, General, and Administrative Expenses | $292.00 Million |
| Net Income/Loss Available To Common Stockholders, Basic | $531.00 Million |
| Diluted Average Shares | $230.10 Million |
| Income/Loss Before Equity Method Investments | $754.00 Million |
| Benefits Costs and Expenses | $2.31 Billion |
| Income/Loss From Continuing Operations Before Tax | $742.00 Million |
| Nonoperating Income/Loss | $-93.00 Million |
| Income Tax Expense/Benefit, Current | $108.00 Million |
| Net Income/Loss | $531.00 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Assets | $7.13 Billion |
| Non-current Prepaid Expenses | $3.00 Million |
| Other Current Assets | $779.00 Million |
| Other Non-current Liabilities | $1.60 Billion |
| Current Assets | $872.00 Million |
| Prepaid Expenses | $18.00 Million |
| Equity | $3.50 Billion |
| Noncurrent Assets | $6.26 Billion |
| Liabilities And Equity | $7.13 Billion |
| Equity Attributable To Noncontrolling Interest | $0.00 |
| Noncurrent Liabilities | $2.73 Billion |
| Inventory | $75.00 Million |
| Other Current Liabilities | $381.00 Million |
| Wages | $165.00 Million |
| Equity Attributable To Parent | $3.50 Billion |
| Other Non-current Assets | $6.25 Billion |
| Long-term Debt | $1.13 Billion |
| Accounts Payable | $351.00 Million |
| Liabilities | $3.63 Billion |
| Current Liabilities | $897.00 Million |
Historical Dividends
Current dividend: $0.3875 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Nov 5, 2024 | Dec 16, 2024 | Dec 2, 2024 | $0.3875 | Quarterly |
| Aug 5, 2024 | Sep 16, 2024 | Aug 30, 2024 | $0.3875 | Quarterly |
| May 7, 2024 | Jun 14, 2024 | May 31, 2024 | $0.31 | Quarterly |
| Feb 27, 2024 | Mar 18, 2024 | Mar 6, 2024 | $0.31 | Quarterly |
| Nov 1, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.31 | Quarterly |
| Jul 28, 2023 | Sep 15, 2023 | Sep 1, 2023 | $0.2825 | Quarterly |
| Apr 28, 2023 | Jun 16, 2023 | Jun 1, 2023 | $0.2825 | Quarterly |
| Feb 24, 2023 | Mar 16, 2023 | Mar 6, 2023 | $0.2825 | Quarterly |
| Nov 2, 2022 | Dec 16, 2022 | Dec 1, 2022 | $0.2825 | Quarterly |
| Aug 3, 2022 | Sep 16, 2022 | Sep 1, 2022 | $0.17 | Quarterly |
| May 5, 2022 | Jun 16, 2022 | Jun 1, 2022 | $0.17 | Quarterly |
| Feb 24, 2022 | Mar 16, 2022 | Mar 7, 2022 | $0.17 | Quarterly |
Related Companies
View additional S&P 500 companies similar to California Resources Corporation (CRC)
Boost your savings and earn 4.35% APY with a Marcus by Goldman Sachs savings account, a rate that's 8x the national averagewhen signing up with Financhle. No fees, no minimum deposits, backed by the financial expertise of Goldman Sachs. Terms apply.
ⓒ 2024 Financhle. All Rights Reserved.