CRC Q3 2019 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q3 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$644M-27.0% YoY

Gross Profit

$300M46.6% margin

Operating Income

$192M29.8% margin

Net Income

$93M14.4% margin

EPS (Diluted)

$1.89

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$266M

Free Cash Flow

$144M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$6.5B

Stockholders' Equity

-$308M

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$644M	$882M	-27.0%
Gross Profit	$300M	$514M	-41.6%
Operating Income	$192M	$388M	-50.5%
Net Income	$93M	$64M	+45.3%

Revenue Segments

Oil and Condensate

$457M71%

Trading Income From Marketing

$65M10%

Natural Gas, Production

$50M8%

Sale Of Electricity

$38M6%

Propane

$34M5%