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California Resources Corp

Energy US CRC

51.1USD
-0.07(0.14%)

Last update at 2024-12-19T18:50:00Z

Day Range

50.6552.94
LowHigh

52 Week Range

33.4058.09
LowHigh

Fundamentals

  • Previous Close 51.17
  • Market Cap3755.56M
  • Volume438521
  • P/E Ratio8.61
  • Dividend Yield2.28%
  • EBITDA837.00M
  • Revenue TTM3268.00M
  • Revenue Per Share TTM46.27
  • Gross Profit TTM 1943.00M
  • Diluted EPS TTM6.31

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 761.00M 229.00M 1871.00M 100.00M 429.00M
Minority interest 0.00000M 13.00M 44.00M 895.00M 870.00M
Net income 524.00M 612.00M 3335.00M 99.00M 328.00M
Selling general administrative 222.00M 200.00M 252.00M 290.00M 299.00M
Selling and marketing expenses - - - - -
Gross profit 1785.00M 1275.00M 308.00M 1233.00M 1649.00M
Reconciled depreciation 198.00M 213.00M - 471.00M 502.00M
Ebit 1110.00M 658.00M -1885.00000M -55.00000M 243.00M
Ebitda 1308.00M 871.00M -188.00000M 416.00M 745.00M
Depreciation and amortization 198.00M 213.00M 1697.00M 471.00M 502.00M
Non operating income net other 2.00M -4.00000M - - -
Operating income 1110.00M 658.00M -1885.00000M -55.00000M 769.00M
Other operating expenses 1952.00M 1692.00M 1708.00M 2205.00M 2295.00M
Interest expense 53.00M 54.00M 217.00M 383.00M 379.00M
Tax provision 237.00M -396.00000M 0.00000M 1.00M 0.00000M
Interest income 54.00M 54.00M 217.00M 383.00M 379.00M
Net interest income -53.00000M -54.00000M -217.00000M -383.00000M -379.00000M
Extraordinary items - - - - -
Non recurring 6.00M 41.00M - - -
Other items - - - - -
Income tax expense 237.00M -396.00000M -1464.00000M 1.00M 101.00M
Total revenue 3258.00M 2565.00M 1609.00M 2693.00M 3063.00M
Total operating expenses 479.00M 402.00M 407.00M 745.00M 881.00M
Cost of revenue 1473.00M 1290.00M 1301.00M 1460.00M 1414.00M
Total other income expense net -349.00000M -429.00000M 3756.00M 155.00M 40.00M
Discontinued operations - - - - -
Net income from continuing ops 524.00M 625.00M 1871.00M 99.00M 429.00M
Net income applicable to common shares 524.00M 612.00M 1889.00M -28.00000M 321.00M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 3967.00M 3846.00M 3074.00M 6958.00M 7158.00M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 12.00M 9.00M 1.00M 2.00M 3.00M
Total liab 2103.00M 2158.00M 1892.00M 6452.00M 6649.00M
Total stockholder equity 1864.00M 1688.00M 1182.00M -296.00000M -247.00000M
Deferred long term liab 6.00M 132.00M 17.00M - -
Other current liab 531.00M 520.00M 71.00M 285.00M 217.00M
Common stock 1.00M 1.00M 1.00M -389.00000M -361.00000M
Capital stock 1.00M 1.00M 1.00M 0.00000M 0.00000M
Retained earnings 938.00M 475.00M -123.00000M -5370.00000M -5342.00000M
Other liab 565.00M 678.00M 787.00M 682.00M 791.00M
Good will - - - - -
Other assets 231.00M 3093.00M 56.00M 56.00M 59.00M
Cash 307.00M 305.00M 28.00M 17.00M 17.00M
Cash and equivalents - - - - 17.00M
Total current liabilities 894.00M 854.00M 473.00M 709.00M 607.00M
Current deferred revenue - 57.00M 183.00M - -
Net debt 355.00M 332.00M 611.00M 5026.00M 5234.00M
Short term debt 18.00M 11.00M 7.00M 128.00M 0.00000M
Short long term debt - - - 100.00M -
Short long term debt total 662.00M 637.00M 639.00M 5043.00M 5251.00M
Other stockholder equity 844.00M 1140.00M 1312.00M 4708.00M 4626.00M
Property plant equipment 2859.00M 2642.00M 2693.00M 6411.00M 6455.00M
Total current assets 864.00M 753.00M 329.00M 491.00M 640.00M
Long term investments 13.00M - - - -
Net tangible assets 1864.00M 1688.00M 1138.00M -389.00000M -361.00000M
Short term investments - - - - -
Net receivables 408.00M 292.00M 219.00M 347.00M 367.00M
Long term debt 592.00M 589.00M 597.00M 4877.00M 5251.00M
Inventory 60.00M 60.00M 61.00M 67.00M 69.00M
Accounts payable 345.00M 266.00M 212.00M 296.00M 390.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - 44.00M - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 81.00M 72.00M -8.00000M -23.00000M -6.00000M
Additional paid in capital - - - - -
Common stock total equity 1.00M 1.00M 1.00M - -
Preferred stock total equity - - - - -
Retained earnings total equity 938.00M 475.00M -123.00000M - -
Treasury stock - -148.00000M - - -
Accumulated amortization - - - - -
Non currrent assets other 67.00M 98.00M 90.00M 115.00M 63.00M
Deferred long term asset charges - - - - -
Non current assets total 3103.00M 3093.00M 2745.00M 6467.00M 6518.00M
Capital lease obligations 70.00M 48.00M 42.00M 66.00M -
Long term debt total 592.00M 589.00M 597.00M 4878.00M 5467.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -4.00000M -32.00000M -37.00000M -394.00000M -1156.00000M
Change to liabilities -11.00000M 8.00M -68.00000M -27.00000M -178.00000M
Total cashflows from investing activities -317.00000M -161.00000M -37.00000M -394.00000M -1156.00000M
Net borrowings - -12.00000M -322.00000M -179.00000M -22.00000M
Total cash from financing activities -371.00000M -222.00000M -58.00000M -282.00000M 692.00M
Change to operating activities 35.00M -47.00000M 8.00M -1.00000M -9.00000M
Net income 524.00M 625.00M 99.00M 99.00M 429.00M
Change in cash 2.00M 277.00M 11.00M 11.00M -3.00000M
Begin period cash flow 305.00M 28.00M 17.00M 17.00M 20.00M
End period cash flow 307.00M 305.00M 11.00M 17.00M 17.00M
Total cash from operating activities 690.00M 660.00M 106.00M 676.00M 461.00M
Issuance of capital stock 1.00M 2.00M - 4.00M 54.00M
Depreciation 198.00M 213.00M 471.00M 471.00M 502.00M
Other cashflows from investing activities 66.00M 65.00M -31.00000M -97.00000M 63.00M
Dividends paid 59.00M 14.00M 14.00M 2330.00M 2823.00M
Change to inventory 0.00000M -8.00000M 1.00M 0.00000M -6.00000M
Change to account receivables -81.00000M -68.00000M 22.00M 22.00M -23.00000M
Sale purchase of stock -313.00000M -148.00000M 446.00M -3.00000M -11.00000M
Other cashflows from financing activities -317.00000M 553.00M 2295.00M 4556.00M 6317.00M
Change to netincome 763.00M 248.00M -2167.00000M 239.00M -153.00000M
Capital expenditures 12.00M 194.00M 47.00M 455.00M 621.00M
Change receivables -81.00000M -68.00000M - - -
Cash flows other operating -703.00000M -366.00000M - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes 2.00M 277.00M - - -
Change in working capital -57.00000M -107.00000M -5.00000M -6.00000M -216.00000M
Stock based compensation - -213.00000M - - -
Other non cash items -201.00000M 538.00M -459.00000M 583.00M 248.00M
Free cash flow 678.00M 660.00M 106.00M 676.00M -160.00000M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CRC
California Resources Corp
-0.07 0.14% 51.10 8.61 8.99 1.14 1.81 1.29 4.45
COP
ConocoPhillips
-0.25 0.26% 95.60 12.82 11.12 2.24 2.90 2.47 5.63
CNQ
Canadian Natural Resources Ltd
-0.17 0.57% 29.53 15.51 14.24 2.37 2.92 2.26 5.34
EOG
EOG Resources Inc
-1.1 0.92% 118.53 9.09 8.98 3.01 2.57 2.97 5.16
PEXNY
PTT Exploration & Production
- -% 13.99 25.79 24.51 5.92 3.66 0.05 0.08

Reports Covered

Stock Research & News

Profile

California Resources Corporation operates as an independent oil and natural gas exploration and production company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Long Beach, California.

California Resources Corp

27200 Tourney Road, Santa Clarita, CA, United States, 91355

Key Executives

Name Title Year Born
Mr. Mark Allen McFarland Pres, CEO & Director 1969
Mr. Francisco J. Leon Exec. VP & CFO 1977
Mr. Shawn M. Kerns Exec. VP & COO 1971
Mr. Michael L. Preston Exec. VP, Chief Admin. Officer & Gen. Counsel 1965
Mr. Jay A. Bys Exec. VP & Chief Commercial Officer 1965
Ms. Noelle M. Repetti Sr. VP, Controller & Principal Accounting Officer 1970
Cynthia J. Johnson Chief Information Officer & VP NA
Joanna Park VP of Investor Relations NA
Richard Venn Director of Communications NA
Ms. Alana A. Sotiri VP of HR NA

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