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California Resources CRC Carbon Management — Equity loss from unconsolidated subsidiaries

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Other financials

Income statement

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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%
CapEx$131.0M+138%
Free cash flow-$32.0M-124%

Valuation

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Market cap$4.67B+7.3%
Enterprise value$6.01B+11.8%
P/S1.6×+0.6×

Profitability

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Operating margin-10.4%-32.6pp
Net margin-16.1%-29.8pp
FCF margin13.2%+0.8pp

Returns & leverage

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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:IncomeLossFromEquityMethodInvestments.

The source filing: California Resources’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001609253-26-000106
Line itemThree months ended March 31, 2026 / Oil and Natural GasThree months ended March 31, 2026 / Carbon ManagementThree months ended March 31, 2026 / Total Reportable SegmentsThree months ended March 31, 2026 / Corporate/Eliminations/OtherTotal
Depreciation, depletion and amortization1281285133
Taxes other than on income6060767
Interest expense332629
Loss from investment in unconsolidated subsidiaries1112
Net loss on natural gas purchase derivatives2424
Loss on early extinguishment of debt2121
Other non-operating expenses(3)(3)
Costs related to marketing of purchased commodities2323

Cover / Front Matter

FAQ

What is California Resources's carbon management — equity loss from unconsolidated subsidiaries?
California Resources (CRC) reported carbon management — equity loss from unconsolidated subsidiaries of -$1M in Q1 2026.
How has California Resources's carbon management — equity loss from unconsolidated subsidiaries changed year-over-year?
California Resources's carbon management — equity loss from unconsolidated subsidiaries decreased by 0.0% year-over-year, from -$1M to -$1M.
What is the long-term trend for California Resources's carbon management — equity loss from unconsolidated subsidiaries?
Over 3 years (2022 to 2025), California Resources's carbon management — equity loss from unconsolidated subsidiaries has grown at a 81.7% compound annual growth rate (CAGR), from -$1M to -$6M.
What does carbon management — equity loss from unconsolidated subsidiaries mean?
This metric represents the company's proportional share of losses from investments in joint ventures or entities where it does not have a controlling interest. It highlights the financial performance and risk exposure associated with collaborative carbon management partnerships.

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