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California Resources CRC Derivative, Gain (Loss) On Natural Gas Purchase Derivatives

Derivative, Gain (Loss) On Natural Gas Purchase Derivatives at other companies

Southern Company logo
Southern CompanySO
$10M+1,100%
Range Resources logo
Range ResourcesRRC
-$33.43M+79.0%
Empire Petroleum logo
Empire PetroleumEP
-$75M+6.3%
Chord Energy logo
Chord EnergyCHRD
-$241.47M-1,091%
MTD
Matador ResourcesMTDR
-$14.49M-634%
CNX Resources logo
CNX ResourcesCNX
$3.98M+101%

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:DerivativeGainLossOnNaturalGasPurchaseDerivatives.

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 derivative, gain (loss) on natural gas purchase derivatives?
California Resources (CRC) reported derivative, gain (loss) on natural gas purchase derivatives of -$24M in Q1 2026.
How has California Resources's derivative, gain (loss) on natural gas purchase derivatives changed year-over-year?
California Resources's derivative, gain (loss) on natural gas purchase derivatives decreased by 500.0% year-over-year, from $6M to -$24M.
What does derivative, gain (loss) on natural gas purchase derivatives mean?
This metric captures the realized and unrealized gains or losses resulting from financial instruments used to hedge natural gas purchase price volatility. It reflects the effectiveness of the company's risk management strategy in mitigating exposure to fluctuating energy market prices. Investors use this to evaluate how derivative activities impact the overall cost structure and margin stability of the business.