California Resources CRC Signal Hill offshore platform expense accrual

Other financials

Revenue$119.0M-87.0%

Operating income-$711.0M-482%

Net income-$711.0M-718%

EPS (diluted)-$8.02-737%

Cash & equivalents$40.0M-81.3%

Total debt$1.4B+25.7%

Total equity$2.9B-17.0%

Total assets$7.1B+4.7%

Operating cash flow$99.0M-46.8%

CapEx$131.0M+138%

Free cash flow-$32.0M-124%

Market cap$4.91B+54.1%

Enterprise value$6.25B+53.7%

P/S1.7×+0.8×

Operating margin-10.4%-32.6pp

Net margin-16.1%-29.8pp

FCF margin13.2%+0.8pp

Return on equity-14.4%-32.3pp

Debt / equity0.5×+0.2×

Current ratio0.5×-0.3×

Reported directly by California Resources in its filing.

Tagged under the XBRL concept crc:AccrualForPlatformExpense.

The official record: California Resources’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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What is California Resources's signal hill offshore platform expense accrual?: California Resources (CRC) reported signal hill offshore platform expense accrual of $18M in Q1 2026.