California Resources Corp (CRC)
About California Resources Corp
California Resources Corp is an independent oil and natural gas exploration and production company. The company has operations spread across different properties in several oil and gas exploration basins in California and Utah, such as the Midway-Sunset, South Belridge, and McKittrick fields, in the San Joaquin Basin, and other properties located in Los Angeles, Sacramento, Uinta, and the Ventura and Salinas basins. Additionally, the company is focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. Its business is organized into two reporting segments: oil and natural gas, which generate maximum revenue, and carbon management.
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American Credentials
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Financial summary
- Revenue FY2025
- $2.9B
- Net income
- $363.0M
- Total assets
- $7.4B
- Market cap
- $5.2B
- Operating margin
- 16.3%
- Net margin
- 9.9%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $3.7B
- Operating expenses
- $3.1B
- Operating income
- $598.0M
- Income tax
- $139.0M
- Net income
- $363.0M
- EPS (basic)
- $4.17
- EPS (diluted)
- $4.15
Balance sheet
- Total assets
- $7.4B
- Current assets
- $938.0M
- Total liabilities
- $3.7B
- Current liabilities
- $1.1B
- Shareholders’ equity
- $3.7B
Cash flow
- Operating cash flow
- $865.0M
- Investing cash flow
- -$725.0M
- Financing cash flow
- -$380.0M
- Net cash flow
- -$240.0M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $5.2B
- P/E ratio
- 12.9
- EPS (diluted)
- $4.15
- Dividend yield
- 3.03%
- Shares outstanding
- 96.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 28, 2020
California Resources Corp (CRC) Stock Price
- Profitable — net income of $363.0M in FY2025.
- Revenue grew 94% from FY2021 to FY2025.
- Trading 24% below its 52-week high.
- Pays a dividend yielding about 3.03% annually.
- Valued at a price-to-earnings (P/E) ratio of 12.9.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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News about California Resources Corp
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California Resources Corp: frequently asked questions
Is California Resources Corp an American company?
Yes — California Resources Corp is an American company headquartered in Long Beach, California. Its American-origin credentials have been independently reviewed and verified by americancompanies.com.
Where is California Resources Corp headquartered?
California Resources Corp is headquartered in Long Beach, California, United States.
Is California Resources Corp publicly traded?
Yes — California Resources Corp is a publicly traded company. Its stock trades under the ticker symbol CRC on the NYSE.
What does California Resources Corp do?
California Resources Corp is an American Oil & Gas company in the Energy & Utilities sector.