For the year ending 2025-12-31, CRC had -$240M decrease in cash & cash equivalents over the period. $543M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 363 |
| Depreciation, depletion and amortization | 511 |
| Asset impairments | 59 |
| Deferred income tax provision | 85 |
| Net (gain) loss from commodity derivatives | 216 |
| Net proceeds (payments) on settled commodity derivatives | -15 |
| Net loss on early extinguishment of debt | -1 |
| Loss (gain) on asset divestitures | -1 |
| Other non-cash charges to income, net | -187 |
| Decrease in trade receivables | -83 |
| Increase in inventories | 6 |
| Decrease in other current assets, net | -2 |
| Decrease in accounts payable and accrued liabilities | -220 |
| Net cash provided by operating activities | 865 |
| Capital investments | 322 |
| Changes in accrued capital investments | -35 |
| Proceeds from asset divestitures | 8 |
| Purchase of a business, net of cash acquired | 440 |
| Asset acquisitions | 0 |
| Other, net | 6 |
| Net cash used in investing activities | -725 |
| Proceeds from revolving credit facility | 220 |
| Repayments of revolving credit facility | 220 |
| Proceeds from senior notes, net-A2029Senior Notes | 0 |
| Proceeds from senior notes, net-A2034Senior Notes | 393 |
| Repurchases of common stock | 377 |
| Common stock dividends | 136 |
| Dividend equivalents on equity-settled awards | 3 |
| Issuance of common stock | 3 |
| Bridge loan commitments | 0 |
| Stock warrants exercised | 0 |
| Debt amendment costs | 3 |
| Shares cancelled for taxes | 12 |
| Debt redemption | 245 |
| Net cash (used in) provided by financing activities | -380 |
| (decrease) increase in cash and cash equivalents | -240 |
| Cash and cash equivalentsbeginning of period | 372 |
| Cash and cash equivalentsend of period | 132 |
California Resources Corp (CRC)
California Resources Corp (CRC)