CRCCalifornia Resources Corp
Crude Petroleum & Natural Gas
- Revenue
- $2.9B
- 15% YoY
- Operating margin
- 20.5%
- 16% YoY
- EBITDA
- $1.1B
- 10% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.9×
- $955M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear238% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear59% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.6B | $2.2B | $2.5B | $2.9B | 15% |
| Operating income | $293M | $812M | $808M | $620M | $598M | 3.5% |
| Net income | $612M | $524M | $564M | $376M | $363M | 3.5% |
| Operating cash flow | $660M | $690M | $653M | $610M | $865M | 42% |
| Capex | $194M | $379M | $185M | $255M | $322M | 26% |
| Stock-based comp | $19M | $30M | $48M | $40M | $39M | 2.5% |
| Buybacks | $148M | $313M | $143M | $192M | $377M | 96% |
| Dividends | $14M | $59M | $81M | $113M | $136M | 20% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $2M · 3
- Net
- −$2M
Pay vs performance
No pay-versus-performance disclosure yet.