CRC Q1 2019 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q1 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$779M+20.4% YoY

Gross Profit

$418M53.7% margin

Operating Income

$294M37.7% margin

Net Income

-$67M-8.6% margin

EPS (Diluted)

$-1.38

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$158M

Free Cash Flow

$27M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.8B

Stockholders' Equity

-$426M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$779M	$647M	+20.4%
Gross Profit	$418M	$308M	+35.7%
Operating Income	$294M	$207M	+42.0%
Net Income	-$67M	-$2M	-3250.0%

Revenue Segments

Oil And Condensate

$480M80%

Natural Gas Production

$62M10%

Public Utilities Inventory Propane

$59M10%