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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

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Other financials

Income statement

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Revenue$1.3B+32.6%
Operating income$511.0M+91.4%
Net income$514.0M+199%
EPS (diluted)$5.76+200%

Balance sheet

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Cash & equivalents$56.0M-22.2%
Total debt$1.3B+23.4%
Total equity$3.4B-0.1%
Total assets$7.1B+5.8%

Cash flow

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Operating cash flow$263.0M+59.4%
CapEx$149.0M+166%
Free cash flow$114.0M+4.6%

Valuation

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Market cap$4.62B+16.8%
Enterprise value$5.92B+18.8%
P/S1.5×+0.5×

Profitability

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Operating margin-1.7%-26.9pp
Net margin-3.8%-19.9pp
FCF margin12.1%-0.1pp

Returns & leverage

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Return on equity-3.6%-27.9pp
Debt / equity0.4×+0.1×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by California Resources in its filing.

Tagged under the XBRL concept crc:DerivativeGainLossOnNaturalGasPurchaseDerivatives.

The source filing: California Resources’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 3:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001609253-26-000130
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Electricity generation expenses1051515
Transportation costs30205640
Accretion expense27285457
Net loss (gain) from natural gas purchase derivatives5329(3)
Measurement period adjustments, net(2)(2)1
Other operating expenses, net606511498
Total operating expenses7867111,6161,437
OPERATING INCOME (LOSS)511267(200)453

Cover / Front Matter

FAQ

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 -$5M in Q2 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 66.7% year-over-year, from -$3M to -$5M.
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.

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