CRCCalifornia Resources Corporation

$5B

Q3 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$713M+74.3% YoY

Gross Profit

$361M50.6% margin

Operating Income

$274M38.4% margin

Net Income

$103M14.4% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+25.3%

Cash Flow

Operating Cash Flow

$182M

Free Cash Flow

$131M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$2.3B

Stockholders' Equity

$1.1B

Cash & Equivalents

$189M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$713M	$409M	+74.3%
Gross Profit	$361M	$115M	+213.9%
Operating Income	$274M	$9M	+2944.4%
Net Income	$103M	-$29M	+455.2%

Revenue Segments

Sale Of Purchased Natural Gas

$95M58%

Sale Of Electricity

$65M40%

Product and Service, Other

$4M2%

CRC Q3 2021 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena