CRC Q3 2022 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q3 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$882M+23.7% YoY

Gross Profit

$454M51.5% margin

Operating Income

$351M39.8% margin

Net Income

$426M48.3% margin

EPS (Diluted)

$5.58

QoQ Revenue Growth

+4.1%

Cash Flow

Operating Cash Flow

$235M

Free Cash Flow

$128M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.1B

Stockholders' Equity

$1.9B

Cash & Equivalents

$358M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$882M	$713M	+23.7%
Gross Profit	$454M	$361M	+25.8%
Operating Income	$351M	$274M	+28.1%
Net Income	$426M	$103M	+313.6%

Revenue Segments

Sale Of Purchased Natural Gas

$113M56%

Sale Of Electricity

$88M44%

Product and Service, Other

$1M0%