For the quarter ending 2025-09-30, CRC made $855,000K in revenue. $64,000K in net income. Net profit margin of 7.49%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total operating revenues | 855,000 | 978,000 | 912,000 | 665,500 |
| Operating costs | 316,000 | 295,000 | 316,000 | 249,500 |
| General and administrative expenses | 87,000 | 79,000 | 72,000 | 76,000 |
| Costs of sales | - | - | 80,000 | 46,500 |
| Depreciation, depletion and amortization | 123,000 | 128,000 | 131,000 | 97,500 |
| Asset impairment | 2,000 | 0 | - | 333 |
| Taxes other than on income | 70,000 | 47,000 | 70,000 | 59,000 |
| Costs of sales-Marketing Of Purchased Commodities | 44,000 | 41,000 | - | - |
| Costs of sales-Electricity Generation Expenses | 11,000 | 5,000 | - | - |
| Costs of sales-Transportation Costs | 19,000 | 20,000 | - | - |
| Accretion expense | 28,000 | 28,000 | 29,000 | 21,500 |
| Net loss on natural gas purchase derivatives | -27,000 | -3,000 | 6,000 | -7,500 |
| Carbon management business expenses | - | - | - | 14,000 |
| Measurement period adjustments, net | 0 | 0 | 1,000 | 37,167 |
| Other operating expenses, net | -29,000 | -65,000 | -33,000 | -29,500 |
| Total operating expenses | 756,000 | 711,000 | 726,000 | 638,500 |
| (loss) gain on asset divestitures | -1,000 | 0 | - | 5,000 |
| Operating income | 98,000 | 267,000 | 186,000 | 32,000 |
| Interest and debt expense, net | 25,000 | 25,000 | 27,000 | 20,500 |
| Loss on early extinguishment of debt | 0 | 0 | -1,000 | 0 |
| Loss from investment in unconsolidated subsidiaries | -2,000 | 0 | -1,000 | -2,000 |
| Other non-operating income (expense), net | 4,000 | 0 | 5,000 | 1,500 |
| Income before income taxes | 75,000 | 242,000 | 162,000 | 11,000 |
| Income tax provision | 11,000 | 70,000 | 47,000 | -500 |
| Net income | 64,000 | 172,000 | 115,000 | 11,500 |
| Basic (in dollars per share) | 0.76 | 1.93 | 1.27 | 0.38 |
| Basic (in shares) | 83,700,000 | 89,000,000 | 90,600,000 | -39,100,000 |
| Diluted (in dollars per share) | 0.76 | 1.92 | 1.26 | 0.365 |
| Diluted (in shares) | 84,400,000 | 89,400,000 | 91,200,000 | -39,900,000 |
California Resources Corp (CRC)
California Resources Corp (CRC)