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California Resources CRC Total Reportable Segments — 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 total reportable segments — gas processing costs?
California Resources (CRC) reported total reportable segments — gas processing costs of $5M in Q1 2026.
How has California Resources's total reportable segments — gas processing costs changed year-over-year?
California Resources's total reportable segments — gas processing costs increased by 25.0% year-over-year, from $4M to $5M.
What is the long-term trend for California Resources's total reportable segments — gas processing costs?
Over 3 years (2022 to 2025), California Resources's total reportable segments — gas processing costs has grown at a 3.8% compound annual growth rate (CAGR), from $17M to $19M.
What does total reportable segments — gas processing costs mean?
This metric tracks the expenses incurred to treat, compress, and process raw natural gas into marketable products. It reflects the operational complexity and technical requirements of the segment's midstream and processing infrastructure. High costs here may indicate aging infrastructure or the need for increased maintenance to ensure product quality.