CRC generated total operating revenues of 924000000 and net income of 12000000 in Q4 2025. The company produced 137000 barrels of oil equivalent per day, generated 115000000 of free cash flow and maintained strong liquidity with 132000000 in cash and cash equivalents at quarter end.
For Q2 2025, CRC delivered total operating revenues of 978000000, average net production of 137000 barrels of oil equivalent per day, net income of 172000000 and diluted EPS of 1.92. The company generated 109000000 in free cash flow and maintained 72000000 in cash and cash equivalents at quarter end. :contentReference[oaicite:0]{index=0}
California Resources Corporation (CRC) delivered a strong start to 2025, achieving a net income of $115 million and adjusted EBITDAX of $328 million. The company generated $131 million in free cash flow and returned $258 million to stakeholders, including $100 million in share repurchases and $35 million in dividends. Average net production remained flat quarter-over-quarter at 141 MBoe/d.
California Resources Corporation (CRC) delivered a net income of $33M and generated $877M in revenue for Q4-24. The company maintained strong capital efficiency, returning $92M to shareholders while progressing on carbon management initiatives.
California Resources Corporation announced its intention to offer and sell $200 million in aggregate principal amount of its 8.250% senior unsecured notes due 2029. Concurrently, they commenced a tender offer to purchase for cash up to $200 million aggregate principal amount of its 7.125% senior notes due 2026.
California Resources Corporation reported a net loss of $10 million, or $0.14 per diluted share, but an adjusted net income of $54 million, or $0.75 per diluted share. The company generated $33 million of free cash flow and returned $79 million to shareholders through share repurchases and dividends. Average net production was 76 MBoe/d, including net oil production of 48 MBo/d.
California Resources Corporation (CRC) reported strong Q4 2023 results, including net income of $188 million, or $2.60 per diluted share, and adjusted net income of $67 million, or $0.93 per diluted share. The company generated $131 million in net cash from operating activities and $65 million in free cash flow. Daily gross production averaged 98 MBoe/d, while net production averaged 83 MBoe/d, including 50 MBo/d. CRC also realized approximately $15 million in savings in the fourth quarter from cost-cutting initiatives.