CRC Q4 2022 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q4 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$814M+15.1% YoY

Gross Profit

$386M47.4% margin

Operating Income

$285M35.0% margin

Net Income

$83M10.2% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$114M

Free Cash Flow

$39M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.1B

Stockholders' Equity

$1.9B

Cash & Equivalents

$307M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$814M	$707M	+15.1%
Gross Profit	$386M	$368M	+4.9%
Operating Income	$285M	$283M	+0.7%
Net Income	$83M	$714M	-88.4%

Revenue Segments

Oil and Condensate

$441M71%

Natural Gas, Production

$117M19%

Propane

$59M10%