California Resources CRC Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Segment profit or (loss) by Business | ||||||
| Carbon Management | -$73M+15.1% | -$86M+11.3% | -$97M+4.0% | -$101M+3.8% | -$105M-11.7% | |
| Oil and Natural Gas | $704M+2.3% | $688M-24.4% | $910M-11.3% | $1.03B+8.1% | $949M+16.4% | |
| Total Reportable Segments | $631M+4.8% | $602M-26.0% | $813M-12.1% | $925M+9.6% | $844M+17.1% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $3.06B+3.0% | $2.97B-4.6% | $3.11B-4.7% | $3.26B+10.0% | $2.97B+15.3% | |
| Total Reportable Segments | $3.06B+3.0% | $2.97B-4.6% | $3.11B-4.7% | $3.26B+10.0% | $2.97B+15.3% | |
| Taxes other than on income by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $204M+0.5% | $203M-10.6% | $227M-6.2% | $242M+3.4% | $234M+13.0% | |
| Total Reportable Segments | $204M+0.5% | $203M-10.6% | $227M-6.2% | $242M+3.4% | $234M+13.0% | |
| Depreciation, depletion and amortization by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $494M+0.4% | $492M-0.4% | $494M-2.2% | $505M+17.2% | $431M+21.8% | |
| Total Reportable Segments | $494M+0.4% | $492M-0.4% | $494M-2.2% | $505M+17.2% | $431M+21.8% | |
| Other segment expenses by Business | ||||||
| Carbon Management | $43M-23.2% | $56M-13.8% | $65M-3.0% | $67M-1.5% | $68M+17.2% | |
| Oil and Natural Gas | $273M+4.6% | $261M+59.1% | $164M-4.7% | $172M-3.4% | $178M+4.7% | |
| Total Reportable Segments | $316M-0.3% | $317M+38.4% | $229M-4.2% | $239M-2.8% | $246M+7.9% | |
| Non-energy operating costs by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $897M+4.8% | $856M-1.0% | $865M+0.5% | $861M+13.1% | $761M+13.4% | |
| Total Reportable Segments | $897M+4.8% | $856M-1.0% | $865M+0.5% | $861M+13.1% | $761M+13.4% | |
| Equity loss from unconsolidated subsidiaries by Business | ||||||
| Carbon Management | -$6M0.0% | -$6M0.0% | -$6M+14.3% | -$7M+30.0% | -$10M+16.7% | |
| Oil and Natural Gas | $0— | $0— | $0— | $0— | $0— | |
| Total Reportable Segments | -$6M0.0% | -$6M0.0% | -$6M+14.3% | -$7M+30.0% | -$10M+16.7% | |
| General and administrative expenses by Business | ||||||
| Carbon Management | $13M0.0% | $13M-13.3% | $15M-6.3% | $16M0.0% | $16M+6.7% | |
| Oil and Natural Gas | $54M+25.6% | $43M+10.3% | $39M-15.2% | $46M0.0% | $46M+7.0% | |
| Total Reportable Segments | $67M+19.6% | $56M+3.7% | $54M-12.9% | $62M0.0% | $62M+6.9% | |
| Energy operating costs by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $411M+1.5% | $405M+3.3% | $392M0.0% | $392M+11.7% | $351M+18.6% | |
| Total Reportable Segments | $411M+1.5% | $405M+3.3% | $392M0.0% | $392M+11.7% | $351M+18.6% | |
| Gas processing costs by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $20M+5.3% | $19M0.0% | $19M+5.6% | $18M+12.5% | $16M0.0% | |
| Total Reportable Segments | $20M+5.3% | $19M0.0% | $19M+5.6% | $18M+12.5% | $16M0.0% | |
| Capital investments by Business | ||||||
| Carbon Management | $43M+30.3% | $33M+17.9% | $28M+64.7% | $17M+70.0% | $10M-16.7% | |
| Oil and Natural Gas | $350M+23.2% | $284M+13.1% | $251M-0.8% | $253M+2.0% | $248M+6.0% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Natural gas liquids | $156M-4.9% | $164M-5.2% | $173M-4.4% | $181M-3.2% | $187M+0.5% | |
| Natural gas | $100M+1.0% | $99M-2.0% | $101M+4.1% | $97M+5.4% | $92M-4.2% | |
| Oil | $2.75B+3.7% | $2.65B-4.9% | $2.78B-5.1% | $2.93B+11.0% | $2.64B+17.2% | |
| Other revenue by Product | ||||||
| Revenue from marketing of purchased commodities | $215M-9.7% | $238M+0.4% | $237M+3.0% | $230M+2.2% | $225M-4.3% | |
| Sale Of Electricity | $222M-4.7% | $233M+5.9% | $220M+17.0% | $188M+13.3% | $166M+4.4% | |
| Costs of sales by Product | ||||||
| Electricity generation expenses | $33M-13.2% | $38M+8.6% | $35M+6.1% | $33M-21.4% | $42M+5.0% | |
| Revenue from marketing of purchased commodities | $155M-14.8% | $182M-3.2% | $188M+0.5% | $187M-1.1% | $189M-2.1% | |
| Transportation costs | $85M+7.6% | $79M-1.3% | $80M-4.8% | $84M+3.7% | $81M0.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.