CRC Q1 2020 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q1 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$494M-36.6% YoY

Gross Profit

$178M36.0% margin

Operating Income

$77M15.6% margin

Net Income

-$1.8B-363.6% margin

EPS (Diluted)

$-36.43

QoQ Revenue Growth

-22.6%

Cash Flow

Operating Cash Flow

$228M

Free Cash Flow

$198M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$6.3B

Stockholders' Equity

-$2.2B

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$494M	$779M	-36.6%
Gross Profit	$178M	$418M	-57.4%
Operating Income	$77M	$294M	-73.8%
Net Income	-$1.8B	-$67M	-2580.6%

Revenue Segments

Oil and Condensate

$356M72%

Marketing, Trading, and Other

$51M10%

Natural Gas, Production

$38M8%

Propane

$36M7%

Sale Of Electricity

$13M3%