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+30.5% | -$86M+8.5% | -$97M-22.0% | -$101M-42.3% | -$105M-65.4% | |
| Oil and Natural Gas | $704M-25.8% | $688M-15.6% | $910M+17.0% | $1.03B+44.5% | $949M+15.2% | |
| Total Reportable Segments | $631M-25.2% | $602M-16.5% | $813M+16.5% | $925M+44.8% | $844M+11.1% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $3.06B+3.1% | $2.97B+15.4% | $3.11B+36.6% | $3.26B+68.1% | $2.97B+43.6% | |
| Total Reportable Segments | $3.06B+3.1% | $2.97B+15.4% | $3.11B+36.6% | $3.26B+68.1% | $2.97B+43.6% | |
| Taxes other than on income by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $204M-12.8% | $203M-1.9% | $227M+37.2% | $242M+98.4% | $234M+99.1% | |
| Total Reportable Segments | $204M-12.8% | $203M-1.9% | $227M+37.2% | $242M+98.4% | $234M+99.1% | |
| Depreciation, depletion and amortization by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $494M+14.6% | $492M+39.0% | $494M+78.8% | $505M+154% | $431M+113% | |
| Total Reportable Segments | $494M+14.6% | $492M+39.0% | $494M+78.8% | $505M+154% | $431M+113% | |
| Other segment expenses by Business | ||||||
| Carbon Management | $43M-36.8% | $56M-3.4% | $65M+38.3% | $67M+55.8% | $68M+78.9% | |
| Oil and Natural Gas | $273M+53.4% | $261M+53.5% | $164M+6.7% | $172M+41.6% | $178M+109% | |
| Total Reportable Segments | $316M+28.5% | $317M+39.0% | $229M+14.1% | $239M+45.3% | $246M+99.6% | |
| Non-energy operating costs by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $897M+17.9% | $856M+27.6% | $865M+53.0% | $861M+82.6% | $761M+58.6% | |
| Total Reportable Segments | $897M+17.9% | $856M+27.6% | $865M+53.0% | $861M+82.6% | $761M+58.6% | |
| Equity loss from unconsolidated subsidiaries by Business | ||||||
| Carbon Management | -$6M+40.0% | -$6M+50.0% | -$6M+51.0% | -$7M+39.1% | -$10M-2.6% | |
| Oil and Natural Gas | $0— | $0— | $0— | $0— | $0— | |
| Total Reportable Segments | -$6M+40.0% | -$6M+50.0% | -$6M+51.0% | -$7M+39.1% | -$10M-2.6% | |
| General and administrative expenses by Business | ||||||
| Carbon Management | $13M-18.8% | $13M-13.3% | $15M+15.4% | $16M+45.5% | $16M+45.5% | |
| Oil and Natural Gas | $54M+17.4% | $43M0.0% | $39M-12.4% | $46M+17.9% | $46M+13.6% | |
| Total Reportable Segments | $67M+8.1% | $56M-3.4% | $54M-6.1% | $62M+24.0% | $62M+20.4% | |
| Energy operating costs by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $411M+17.1% | $405M+36.8% | $392M+41.1% | $392M+49.9% | $351M+17.7% | |
| Total Reportable Segments | $411M+17.1% | $405M+36.8% | $392M+41.1% | $392M+49.9% | $351M+17.7% | |
| Gas processing costs by Business | ||||||
| Carbon Management | $0— | $0— | $0— | $0— | $0— | |
| Oil and Natural Gas | $20M+25.0% | $19M+18.8% | $19M+15.2% | $18M+12.5% | $16M-8.6% | |
| Total Reportable Segments | $20M+25.0% | $19M+18.8% | $19M+15.2% | $18M+12.5% | $16M-8.6% | |
| Capital investments by Business | ||||||
| Carbon Management | $43M+330% | $33M+175% | $28M+286% | $17M+278% | $10M+29.0% | |
| Oil and Natural Gas | $350M+41.1% | $284M+21.4% | $251M+29.2% | $253M+59.6% | $248M+64.5% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Natural gas liquids | $156M-16.6% | $164M-11.8% | $173M-6.5% | $181M-3.7% | $187M+1.1% | |
| Natural gas | $100M+8.7% | $99M+3.1% | $101M— | $97M— | $92M— | |
| Oil | $2.75B+3.9% | $2.65B+17.4% | $2.78B+47.6% | $2.93B+97.8% | $2.64B+77.1% | |
| Other revenue by Product | ||||||
| Revenue from marketing of purchased commodities | $215M-4.4% | $238M+1.3% | $237M-4.0% | $230M-15.8% | $225M-23.5% | |
| Sale Of Electricity | $222M+33.7% | $233M+46.5% | $220M+35.8% | $188M+17.5% | $166M+5.1% | |
| Costs of sales by Product | ||||||
| Electricity generation expenses | $33M-21.4% | $38M-5.0% | $35M-28.6% | $33M-47.6% | $42M-32.3% | |
| Revenue from marketing of purchased commodities | $155M-18.0% | $182M-5.7% | $188M+3.3% | $187M+10.0% | $189M+22.7% | |
| Transportation costs | $85M+4.9% | $79M-2.5% | $80M+2.6% | $84M+18.3% | $81M+15.7% |
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.