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California Resources CRC Oil and Natural Gas — General and administrative expenses

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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 us-gaap:SellingGeneralAndAdministrativeExpense.

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 oil and natural gas — general and administrative expenses?
California Resources (CRC) reported oil and natural gas — general and administrative expenses of $23M in Q1 2026.
How has California Resources's oil and natural gas — general and administrative expenses changed year-over-year?
California Resources's oil and natural gas — general and administrative expenses increased by 91.7% year-over-year, from $12M to $23M.
What is the long-term trend for California Resources's oil and natural gas — general and administrative expenses?
Over 3 years (2022 to 2025), California Resources's oil and natural gas — general and administrative expenses has grown at a 6.1% compound annual growth rate (CAGR), from $36M to $43M.
What does oil and natural gas — general and administrative expenses mean?
This includes the overhead costs associated with managing the oil and natural gas segment, such as executive salaries, office expenses, and corporate support functions. It reflects the administrative burden required to sustain segment operations. Maintaining a lean G&A profile is essential for maximizing segment-level profitability.