CRC Q4 2023 Earnings — California Resources Corporation Revenue & Financial Results | Market Cap Arena

CRCCalifornia Resources Corporation

$6B

Q4 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$607M-25.4% YoY

Gross Profit

$279M46.0% margin

Operating Income

$180M29.7% margin

Net Income

$188M31.0% margin

EPS (Diluted)

$2.60

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$123M

Free Cash Flow

$57M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$1.8B

Stockholders' Equity

$2.2B

Cash & Equivalents

$496M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$607M	$814M	-25.4%
Gross Profit	$279M	$386M	-27.7%
Operating Income	$180M	$285M	-36.8%
Net Income	$188M	$83M	+126.5%