MARKET COMPOSITE
CRC - California Resources Corporation8:00:02 PM 4/18/2024
Price
$53.69
-0.12 (-0.22%)
California Resources Corporation operates as an independent oil and natural gas exploration and production company in the State of California. The company sells crude oil, natural gas, and natural gas liquids to marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It holds interests in approximately 2.1 million net acres of mineral acreage. As of December 31, 2019, the company had net proved reserves of 644 million barrels of oil equivalent. It also engages in the generation and sale of electricity to the local utility, other third parties, and the grid. The company was founded in 2014 and is based in Santa Clarita, California.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue483MM-5%
Operating Income283MM-1987%
Operating Expenses--
Net Income188MM-955%
G&A66MM+2%
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