CRC Q2 2018 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q2 2018 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$716M+51.4% YoY

Gross Profit

$354M49.4% margin

Operating Income

$227M31.7% margin

Net Income

-$82M-11.5% margin

EPS (Diluted)

$-1.70

QoQ Revenue Growth

+10.7%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$154M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.9B

Total Liabilities

$6.8B

Stockholders' Equity

-$789M

Cash & Equivalents

$42M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$716M	$473M	+51.4%
Gross Profit	$354M	$113M	+213.3%
Operating Income	$227M	$21M	+981.0%
Net Income	-$82M	-$48M	-70.8%

Revenue Segments

Oil And Condensate

$553M84%

Public Utilities Inventory Propane

$61M9%

Natural Gas Production

$43M7%