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California Resources

CRC

California Resources is a oil & gas exploration & production company in the energy sector trading on NYSE, led by CEO Francisco J. Leon, with a market cap of $4.6B.

Market cap
$4.59B+2.7%
Revenue$3.2B-22.5%
Net income-$121.0M-118%
Free cash flow$385.0M-22.9%
EPS (diluted)-$1.32-118%
Trailing twelve months · change vs. prior year

Earnings

Q2 2026 report

August 10, 2026
Revenue$1.3BBeat by $336.8MEPS$0.99Miss by $0.37

Next report

Nov 3, 2026 (in a month)
Revenue estimate$963.6M
EPS estimate$0.96

Financials

Q2 2026

Income statement

See full
Revenue$1.3B+32.6%
Operating income$511.0M+91.4%
Net income$514.0M+199%
EPS (diluted)$5.76+200%

Balance sheet

See full
Cash & equivalents$56.0M-22.2%
Total debt$1.3B+23.4%
Total equity$3.4B-0.1%
Total assets$7.1B+5.8%

Cash flow

See full
Operating cash flow$263.0M+59.4%
CapEx$149.0M+166%
Free cash flow$114.0M+4.6%

Valuation & ratios

Valuation

See full
Market cap$4.59B+2.7%
Enterprise value$5.88B+11.8%
P/S1.4×+0.2×

Profitability

See full
Operating margin-1.7%-26.9pp
Net margin-3.8%-19.9pp
FCF margin12.1%-0.1pp

Returns & leverage

See full
Return on equity-3.6%-27.9pp
Debt / equity0.4×+0.1×
Current ratio0.7×-0.1×

Profile

CountryUnited States of America
Listed2020
Employees970.0
CEOFrancisco J. Leon
SectorEnergy
IndustryOil & Gas Exploration & Production
Websitecrc.com
FilingsSEC EDGAR

FAQ

What is California Resources's market cap?
California Resources (CRC) has a market capitalization of $4.6B and trades on NYSE.
What is California Resources's revenue and profitability?
California Resources generated $3.2B in trailing twelve-month revenue with a net loss of $121.0M, representing a net margin of -3.8%, with free cash flow of $385.0M. The latest reported period is Q2 2026.
Where is California Resources headquartered?
California Resources is headquartered in United States of America and employs approximately 970 people. It has been publicly traded since 2020.