CRC Q1 2021 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q1 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$576M+16.6% YoY

Gross Profit

$261M45.3% margin

Operating Income

$173M30.0% margin

Net Income

-$94M-16.3% margin

EPS (Diluted)

$-1.13

QoQ Revenue Growth

+35.2%

Cash Flow

Operating Cash Flow

$147M

Free Cash Flow

$120M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.1B

Stockholders' Equity

$1.0B

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$576M	$494M	+16.6%
Gross Profit	$261M	$178M	+46.6%
Operating Income	$173M	$77M	+124.7%
Net Income	-$94M	-$1.8B	+94.8%

Revenue Segments

Marketing And Trading

$98M68%

Sale Of Electricity

$33M23%

Product and Service, Other

$13M9%