CRC Q2 2021 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q2 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$569M+103.2% YoY

Gross Profit

$283M49.7% margin

Operating Income

$198M34.8% margin

Net Income

-$111M-19.5% margin

EPS (Diluted)

$-1.34

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$127M

Free Cash Flow

$77M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.3B

Stockholders' Equity

$893M

Cash & Equivalents

$151M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$569M	$280M	+103.2%
Gross Profit	$283M	$63M	+349.2%
Operating Income	$198M	-$44M	+550.0%
Net Income	-$111M	-$271M	+59.0%

Revenue Segments

Marketing And Trading

$48M53%

Sale Of Electricity

$33M36%

Product and Service, Other

$10M11%