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California Resources CRC Oil and Natural Gas — Interest Expense

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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:InterestExpenseNonoperating.

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
General and administrative expenses2332680106
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)

Cover / Front Matter

FAQ

What is California Resources's oil and natural gas — interest expense?
California Resources (CRC) reported oil and natural gas — interest expense of $0 in Q1 2026.
What does oil and natural gas — interest expense mean?
This represents the cost of financing specifically allocated to the oil and natural gas segment's operations or associated debt. It reflects the segment's reliance on external capital and the cost of servicing that debt. A lower interest expense indicates a more efficient capital structure or lower leverage within the segment.

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