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California Resources CRC Carbon Management — Gas processing costs

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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$4.91B+54.1%

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 crc:OilAndGasProductionCostGasProcessingCosts.

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 carbon management — gas processing costs?
California Resources (CRC) reported carbon management — gas processing costs of $0 in Q1 2026.
What does carbon management — gas processing costs mean?
This metric measures the specific costs associated with processing gases for carbon sequestration or purification purposes. It provides insight into the technical overhead required to prepare captured emissions for permanent storage or industrial use.