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California Resources CRC Carbon Management — Non-energy operating 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:OilAndGasProductionCostNonEnergyOperatingCosts.

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 — non-energy operating costs?
California Resources (CRC) reported carbon management — non-energy operating costs of $0 in Q1 2026.
What does carbon management — non-energy operating costs mean?
This metric encompasses all operational expenditures for the carbon management segment excluding energy and gas processing, such as maintenance, labor, and monitoring. It highlights the fixed and variable overhead required to maintain the physical integrity of carbon management facilities.