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California Resources CRC Transportation costs — Costs of sales

Other product segments

Revenue from marketing of purchased commodities
$23M-54.0%
Electricity generation expenses
$5M-50.0%

Similar metrics at other companies

Chord Energy logo
CHRDTransportation Costs
$67.02M-8.6%
ConocoPhillips logo
COPShipping and Handling Costs — Shipping and Handling Costs
$609.5M+24.5%
Murphy Oil logo
MURTransportation, gathering and processing
$47.06M-3.7%
Ovintiv logo
OVVTransportation And Processing Costs
$471M+18.3%
EOG Resources logo
EOGGathering, Processing and Transportation Costs
$654M+48.6%
Antero Resources logo
ARNatural Gas Transportation — Cost of Goods Sold
$232.23M+17.4%

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:CostOfGoodsAndServicesSold.

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 transportation costs — costs of sales?
California Resources (CRC) reported transportation costs — costs of sales of $26M in Q1 2026.
How has California Resources's transportation costs — costs of sales changed year-over-year?
California Resources's transportation costs — costs of sales increased by 30.0% year-over-year, from $20M to $26M.
What is the long-term trend for California Resources's transportation costs — costs of sales?
Over 4 years (2021 to 2025), California Resources's transportation costs — costs of sales has grown at a 11.6% compound annual growth rate (CAGR), from $51M to $79M.
What does transportation costs — costs of sales mean?
This metric represents the direct operating expenses incurred to transport oil and natural gas products from production sites to processing facilities or market delivery points. It captures the logistical costs associated with pipeline tariffs, trucking, and other third-party conveyance services required to move commodities through the supply chain. Monitoring these costs is essential for evaluating the efficiency of midstream operations and the impact of regional infrastructure constraints on net realized pricing.