California Resources Corporation

California Resources Corporation (NYSE: CRC) is an oil and natural gas exploration and production company operating properties exclusively in the state of California. CRC explores for, produces, gathers, processes and markets crude oil, natural gas and natural gas liquids. CRC has a large portfolio of lower-risk conventional opportunities in each of California’s four major oil and gas basins: San Joaquin, Los Angeles, Ventura and Sacramento. CRC is California’s largest oil and natural gas producer on a gross-operated basis, with approximately 4,000 employees and contractors. The company specializes in applying advanced technology to increase production from its diverse portfolio of reserves. CRC is committed to ensuring safety and protecting the environment everywhere it operates.
Company Growth (employees)
Type
Public
HQ
Los Angeles, US
Size (employees)
2,000 (est)
Website
crc.com
California Resources Corporation is headquartered in Los Angeles, US

California Resources Corporation Office Locations

California Resources Corporation has an office in Los Angeles
Los Angeles, US (HQ)
9200 Oakdale Ave

California Resources Corporation Data and Metrics

California Resources Corporation Financial Metrics

California Resources Corporation's revenue was reported to be $1.5 b in FY, 2016 which is a 36% decrease from the previous period.
USD

Revenue (FY, 2016)

1.5 b

Revenue growth (FY, 2015 - FY, 2016), %

(36%)

Net income (FY, 2016)

279 m

Market capitalization (15-Aug-2017)

290.9 m

Cash (31-Dec-2016)

12 m
California Resources Corporation's current market capitalization is $290.9 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

4.2 b2.4 b1.5 b

Revenue growth, %

(42%)(36%)

Cost of goods sold

139 m

Gross profit

4 b

Gross profit Margin, %

97%

General and administrative expense

336 m

Operating expense total

6.6 b

Net Income

(1.4 b)(3.6 b)279 m
USDFY, 2014FY, 2015FY, 2016

Cash

12 m12 m

Accounts Receivable

200 m232 m

Inventories

58 m58 m

Current Assets

497 m425 m

PP&E

6.3 b

Total Assets

7.1 b6.4 b

Accounts Payable

172.1 m257 m219 m

Current Liabilities

605 m726 m

Additional Paid-in Capital

4.8 b4.9 b

Retained Earnings

(5.7 b)(5.4 b)

Total Equity

(916 m)(557 m)

Financial Leverage

-7.7 x-11.4 x
USDFY, 2014FY, 2015FY, 2016

Depreciation and Amortization

1.2 b

Accounts Receivable

41.3 m(15.8 m)

Inventories

14.8 m(15.6 m)

Accounts Payable

(26.6 m)28.6 m
USDY, 2016

Revenue/Employee

910 k

Financial Leverage

-11.4 x

California Resources Corporation Market Value History

Traffic Overview of California Resources Corporation

California Resources Corporation Company Life and Culture

You may also be interested in