CRC Q4 2019 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$5B

Q4 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$638M-22.0% YoY

Gross Profit

$309M48.4% margin

Operating Income

$209M32.8% margin

Net Income

-$67M-10.5% margin

EPS (Diluted)

$-1.34

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$138M

Free Cash Flow

$76M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$6.5B

Stockholders' Equity

-$389M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$638M	$818M	-22.0%
Gross Profit	$309M	$439M	-29.6%
Operating Income	$209M	$345M	-39.4%
Net Income	-$67M	$339M	-119.8%

Revenue Segments

Oil and Condensate

$451M82%

Natural Gas, Production

$52M9%

Propane

$47M9%