CRC Q2 2020 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q2 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$280M-55.7% YoY

Gross Profit

$63M22.5% margin

Operating Income

-$44M-15.7% margin

Net Income

-$271M-96.8% margin

EPS (Diluted)

$-5.47

QoQ Revenue Growth

-43.3%

Cash Flow

Operating Cash Flow

-$135M

Free Cash Flow

-$138M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.9B

Total Liabilities

$6.5B

Stockholders' Equity

-$2.5B

Cash & Equivalents

$126M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$280M	$632M	-55.7%
Gross Profit	$63M	$271M	-76.8%
Operating Income	-$44M	$156M	-128.2%
Net Income	-$271M	$12M	-2358.3%

Revenue Segments

Oil and Condensate

$193M69%

Natural Gas, Production

$26M9%

Propane

$26M9%

Sale Of Electricity

$19M7%

Marketing, Trading, and Other

$16M6%