CRC Q3 2024 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q3 2024 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$997M+50.2% YoY

Gross Profit

$439M44.0% margin

Operating Income

$248M24.9% margin

Net Income

$345M34.6% margin

EPS (Diluted)

$3.78

QoQ Revenue Growth

+95.9%

Cash Flow

Operating Cash Flow

$220M

Free Cash Flow

$141M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$3.6B

Stockholders' Equity

$3.5B

Cash & Equivalents

$241M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$997M	$664M	+50.2%
Gross Profit	$439M	$330M	+33.0%
Operating Income	$248M	$217M	+14.3%
Net Income	$345M	-$22M	+1668.2%

Revenue Segments

Oil and Condensate

$804M92%

Propane

$44M5%

Natural Gas, Production

$26M3%