What is California Resources's capex?

California Resources (CRC) reported capex of $131M in Q1 2026.

How has California Resources's capex changed year-over-year?

California Resources's capex increased by 138.2% year-over-year, from $55M to $131M.

What is the long-term trend for California Resources's capex?

Over 4 years (2021 to 2025), California Resources's capex has grown at a 13.5% compound annual growth rate (CAGR), from $194M to $322M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

California Resources CRC CapEx

CapEx at other companies

MYR GroupMYRG

$16.13M+23.5%

Piper SandlerPIPR

$2.16M-80.7%

RepligenRGEN

$4.71M+32.2%

PBF EnergyPBF

$349.4M+215%

RLIRLI

$1.06M+0.9%

California ResourcesCRC

$131M+138%

Other financials

Income statement

See full

Revenue$119.0M-87.0%

Operating income-$711.0M-482%

Net income-$711.0M-718%

EPS (diluted)-$8.02-737%

Balance sheet

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Cash & equivalents$40.0M-81.3%

Total debt$1.4B+25.7%

Total equity$2.9B-17.0%

Total assets$7.1B+4.7%

Cash flow

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Operating cash flow$99.0M-46.8%

Free cash flow-$32.0M-124%

Valuation

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Market cap$4.91B+54.1%

Enterprise value$6.25B+53.7%

P/S1.7×+0.8×

Profitability

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Operating margin-10.4%-32.6pp

Net margin-16.1%-29.8pp

FCF margin13.2%+0.8pp

Returns & leverage

See full

Return on equity-14.4%-32.3pp

Debt / equity0.5×+0.2×

Current ratio0.5×-0.3×

Where this comes from

Reported directly by California Resources in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: California Resources’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is California Resources's capex?: California Resources (CRC) reported capex of $131M in Q1 2026.
How has California Resources's capex changed year-over-year?: California Resources's capex increased by 138.2% year-over-year, from $55M to $131M.
What is the long-term trend for California Resources's capex?: Over 4 years (2021 to 2025), California Resources's capex has grown at a 13.5% compound annual growth rate (CAGR), from $194M to $322M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.