CRC: the cashflow

MyFinsight

For the quarter ending 2025-09-30, CRC had $124M increase in cash & cash equivalents over the period. $188M in free cash flow.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income	64	287
Depreciation, depletion and amortization	123	259
Asset impairments	2	0
Deferred income tax provision	35	41
Net loss (gain) from commodity derivatives	-50	166
Net proceeds (payments) on settled commodity derivatives	-6	18
Net loss on early extinguishment of debt	0	-1
Gain on asset divestitures	-1	0
Other non-cash charges to income, net	-41	-69
Net changes in operating assets and liabilities	43	122
Net cash provided by operating activities	279	351
Capital investments	91	111
Changes in accrued capital investments	-5	15
Proceeds from asset divestitures	1	1
Purchase of a business, net of cash acquired	0	-
Acquisitions	0	0
Other, net	2	5
Net cash used in investing activities	-87	-130
Proceeds from revolving credit facility	150	0
Repayments of revolving credit facility	150	-
Proceeds from 2029 senior notes, net	0	0
Debt amendment costs	-	0
Repurchases of common stock	34	318
Common stock dividends	32	70
Dividend equivalents on equity-settled awards	0	1
Issuance of common stock	0	2
Bridge loan commitments	0	0
Stock warrants exercised	0	-
Debt amendment costs	0	-
Shares cancelled for taxes	1	11
Debt issuance costs	1	-
Debt redemption	0	123
Other	0	-
Net cash (used in) provided by financing activities	-68	-521
Increase (decrease) in cash and cash equivalents	124	-300
Cash and cash equivalents at beginning of period	372	-
Cash and cash equivalents at end of period	196	-

Unit: Million (M) dollars