California Resources Corp (CRC)
California Resources Corp (CRC)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -711 | 12 | 64 | 287 |
| Depreciation, depletion and amortization | 133 | 129 | 123 | 259 |
| Asset impairments | NaN | 57 | 2 | 0 |
| Deferred income tax (benefit) provision | -50 | 9 | 35 | 41 |
| Net loss (gain) from commodity derivatives | -872 | 100 | -50 | 166 |
| Net settlements from commodity derivatives | 68 | -27 | -6 | 18 |
| Net loss on early extinguishment of debt | -21 | 0 | 0 | -1 |
| Gain on asset divestitures | NaN | NaN | -1 | 0 |
| Loss (gain) on asset divestitures | NaN | -1 | NaN | NaN |
| Other non-cash charges to income, net | -50 | -77 | -41 | -69 |
| Decrease in trade receivables | NaN | -83 | NaN | NaN |
| Increase in inventories | NaN | 6 | NaN | NaN |
| Decrease in other current assets, net | NaN | -2 | NaN | NaN |
| Decrease in accounts payable and accrued liabilities | NaN | -220 | NaN | NaN |
| Net changes in operating assets and liabilities | -17 | NaN | 43 | 122 |
| Net cash provided by operating activities | 99 | 235 | 279 | 351 |
| Capital investments | 131 | 120 | 91 | 111 |
| Changes in accrued capital investments | 10 | -45 | -5 | 15 |
| Proceeds from asset divestitures | NaN | 6 | 1 | 1 |
| Purchase of a business, net of cash acquired | NaN | 440 | 0 | NaN |
| Acquisitions | 2 | 0 | 0 | 0 |
| Distribution from unconsolidated subsidiary | 10 | NaN | NaN | NaN |
| Other, net | 3 | -1 | 2 | 5 |
| Net cash used in investing activities | -136 | -508 | -87 | -130 |
| Proceeds from revolving credit facility | 245 | 70 | 150 | 0 |
| Repayments of revolving credit facility | 220 | 70 | 150 | NaN |
| Proceeds from senior notes, net-A2029Senior Notes | NaN | 0 | NaN | NaN |
| Proceeds from senior notes, net-A2034Senior Notes | NaN | 393 | NaN | NaN |
| Proceeds from 2034 senior notes, net | 347 | NaN | 0 | 0 |
| Debt amendment costs | NaN | NaN | NaN | 0 |
| Repurchases of common stock | 10 | 25 | 34 | 318 |
| Common stock dividends | 36 | 34 | 32 | 70 |
| Dividend equivalents on equity-settled awards | 2 | 2 | 0 | 1 |
| Issuance of common stock | 0 | 1 | 0 | 2 |
| Bridge loan commitments | NaN | 0 | 0 | 0 |
| Stock warrants exercised | NaN | 0 | 0 | NaN |
| Debt amendment costs | NaN | 3 | 0 | NaN |
| Shares cancelled for taxes | 12 | 0 | 1 | 11 |
| Debt issuance costs | NaN | NaN | 1 | NaN |
| Debt redemption | 367 | 122 | 0 | 123 |
| Other | NaN | NaN | 0 | NaN |
| Net cash used in financing activities | -55 | 209 | -68 | -521 |
| Decrease in cash and cash equivalents | -92 | -64 | 124 | -300 |
| Cash and cash equivalentsbeginning of period | 132 | 176 | 372 | NaN |
| Cash and cash equivalentsend of period | 40 | -64 | 196 | NaN |