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California Resources CRC Sale Of Electricity — Other revenue

Other product segments

Revenue from marketing of purchased commodities
$41M-35.9%

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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:RevenueNotFromContractWithCustomer.

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, 2026Three months ended March 31, 2025
Oil, natural gas and natural gas liquids sales$905$814
Net (loss) gain from commodity sales derivatives(848)6
Revenue from marketing of purchased commodities4164
Electricity revenue1122
Other revenue106
Total operating revenues119912
OPERATING EXPENSES
Operating costs365316

Cover / Front Matter

FAQ

What is California Resources's sale of electricity — other revenue?
California Resources (CRC) reported sale of electricity — other revenue of $11M in Q1 2026.
How has California Resources's sale of electricity — other revenue changed year-over-year?
California Resources's sale of electricity — other revenue decreased by 50.0% year-over-year, from $22M to $11M.
What is the long-term trend for California Resources's sale of electricity — other revenue?
Over 4 years (2021 to 2025), California Resources's sale of electricity — other revenue has grown at a 7.9% compound annual growth rate (CAGR), from $172M to $233M.
What does sale of electricity — other revenue mean?
This metric represents the total revenue generated from the sale of electricity produced or managed by the company's energy operations. It captures income streams derived from power generation activities that are distinct from primary oil and gas production. This figure is essential for evaluating the company's diversification into power markets and its ability to monetize energy assets beyond traditional hydrocarbons.

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