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California Resources CRC Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Segment profit or (loss) by Business
Carbon Management-$12M+52.0%-$20M+35.5%-$21M+16.0%-$20M+16.7%-$25M-78.6%
Oil and Natural Gas$282M+6.0%$46M-82.8%$182M-38.9%$194M+65.8%$266M+102%
Total Reportable Segments$270M+12.0%$26M-89.0%$161M-41.0%$174M+87.1%$241M+104%
Revenue from Contract with Customer, Excluding Assessed Tax by Product
Natural gas liquids$42M-16.0%$39M-18.8%$36M-18.2%$39M-13.3%$50M+2.0%
Natural gas$29M+3.6%$26M-7.1%$26M+18.2%$19M+35.7%$28M-12.5%
Oil$834M+13.3%$614M-18.1%$653M-18.8%$644M+82.4%$736M+111%

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Questions, answered.

How does California Resources break its business down?
California Resources (CRC) reports segment profit or (loss) by business across 3 parts — Carbon Management, Oil and Natural Gas and Total Reportable Segments. Each is extracted from the segment footnotes and tracked over time.
Where does California Resources's segment data come from?
Segment breakdowns are pulled from the segment footnotes in California Resources's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.