California Resources CRC Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Segment profit or (loss) by Business | |||||
| Carbon Management | -$86M+8.5% | -$94M-42.4% | -$66M-61.0% | -$41M— | |
| Oil and Natural Gas | $688M-15.6% | $815M-11.6% | $922M-40.0% | $1.54B— | |
| Total Reportable Segments | $602M-16.5% | $721M-15.8% | $856M-42.8% | $1.5B— | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | |||||
| Carbon Management | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $2.97B+15.4% | $2.57B+18.4% | $2.17B-18.3% | $2.66B— | |
| Total Reportable Segments | $2.97B+15.4% | $2.57B+18.4% | $2.17B-18.3% | $2.66B— | |
| Taxes other than on income by Business | |||||
| Carbon Management | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $203M-1.9% | $207M+81.6% | $114M+2.7% | $111M— | |
| Total Reportable Segments | $203M-1.9% | $207M+81.6% | $114M+2.7% | $111M— | |
| Depreciation, depletion and amortization by Business | |||||
| Carbon Management | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $492M+39.0% | $354M+72.7% | $205M+15.8% | $177M— | |
| Total Reportable Segments | $492M+39.0% | $354M+72.7% | $205M+15.8% | $177M— | |
| Other segment expenses by Business | |||||
| Carbon Management | $56M-3.4% | $58M+45.0% | $40M+42.9% | $28M— | |
| Oil and Natural Gas | $261M+53.5% | $170M+154% | $67M+379% | $14M— | |
| Total Reportable Segments | $317M+39.0% | $228M+113% | $107M+155% | $42M— | |
| Non-energy operating costs by Business | |||||
| Carbon Management | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $856M+27.6% | $671M+39.5% | $481M+8.1% | $445M— | |
| Total Reportable Segments | $856M+27.6% | $671M+39.5% | $481M+8.1% | $445M— | |
| Equity loss from unconsolidated subsidiaries by Business | |||||
| Carbon Management | -$6M+50.0% | -$12M-33.3% | -$9M-800% | -$1M— | |
| Oil and Natural Gas | $0— | $0— | $0— | $0— | |
| Total Reportable Segments | -$6M+50.0% | -$12M-33.3% | -$9M-800% | -$1M— | |
| General and administrative expenses by Business | |||||
| Carbon Management | $13M-13.3% | $15M+25.0% | $12M0.0% | $12M— | |
| Oil and Natural Gas | $43M0.0% | $43M+2.4% | $42M+16.7% | $36M— | |
| Total Reportable Segments | $56M-3.4% | $58M+7.4% | $54M+12.5% | $48M— | |
| Energy operating costs by Business | |||||
| Carbon Management | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $405M+36.8% | $296M-8.4% | $323M0.0% | $323M— | |
| Total Reportable Segments | $405M+36.8% | $296M-8.4% | $323M0.0% | $323M— | |
| Gas processing costs by Business | |||||
| Carbon Management | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $19M+18.8% | $16M-11.1% | $18M+5.9% | $17M— | |
| Total Reportable Segments | $19M+18.8% | $16M-11.1% | $18M+5.9% | $17M— | |
| Capital investments by Business | |||||
| Carbon Management | $33M+175% | $12M+140% | $5M+25.0% | $4M— | |
| Oil and Natural Gas | $284M+21.4% | $234M+52.9% | $153M-56.2% | $349M— | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | |||||
| Natural gas liquids | $164M-11.8% | $186M-6.1% | $198M-25.0% | $264M+5.6% | |
| Natural gas | $99M+3.1% | $96M— | —— | —— | |
| Oil | $2.65B+17.4% | $2.26B+47.0% | $1.53B-22.1% | $1.97B+26.6% | |
| Other revenue by Product | |||||
| Revenue from marketing of purchased commodities | $238M+1.3% | $235M-42.3% | $407M+23.0% | $331M— | |
| Sale Of Electricity | $233M+46.5% | $159M-24.6% | $211M-19.2% | $261M+51.7% | |
| Costs of sales by Product | |||||
| Electricity generation expenses | $38M-5.0% | $40M-61.2% | $103M— | —— | |
| Revenue from marketing of purchased commodities | $182M-5.7% | $193M-13.8% | $224M-21.4% | $285M— | |
| Transportation costs | $79M-2.5% | $81M+20.9% | $67M+34.0% | $50M-2.0% | |
| Interest and debt expense, net by Product | |||||
| Carbon Management | $11M+22.2% | $9M+80.0% | $5M— | —— | |
| Oil and Natural Gas | $0— | $0— | $0— | —— | |
| Reconciliation (Income)/Expense | $95M+21.8% | $78M+52.9% | $51M— | —— |
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.