CRC Q4 2021 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q4 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$707M+66.0% YoY

Gross Profit

$368M52.1% margin

Operating Income

$283M40.0% margin

Net Income

$714M101.0% margin

EPS (Diluted)

$8.71

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

$204M

Free Cash Flow

$138M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.2B

Stockholders' Equity

$1.7B

Cash & Equivalents

$305M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$707M	$426M	+66.0%
Gross Profit	$368M	$130M	+183.1%
Operating Income	$283M	$48M	+489.6%
Net Income	$714M	$3.8B	-81.4%

Revenue Segments

Oil and Condensate

$431M73%

Natural Gas, Production

$82M14%

Propane

$76M13%