Company Information

  

Address: 9200 OAKDALE AVENUE
9TH FLOOR 
City: LOS ANGELES 
State: CA 
Zip Code: 91311 
Telephone: 888-848-4754 

Description of Business

Primary SIC Code: 1311
(As filed with the SEC)  

We are an independent oil and natural gas exploration and production company operating properties within California. We are the largest oil and gas producer in California on a gross operated basis and we believe we have the largest privately held mineral acreage position in the state, consisting of approximately 2.3 million net mineral acres spanning the state's four major oil and gas basins. We produced approximately 129 thousand barrels of oil equivalent per day (MBoe/d) for the year ended December 31, 2017. As of December 31, 2017, we had net proved reserves of 618 million barrels of oil equivalent (MMBoe), of which approximately 71% was categorized as proved developed reserves. Oil represented 72% of our proved reserves. We were formed in April 2014 and listed on the New York Stock Exchange on December 1, 2014. All references to ``CRC,'' the ``Company,'' ``we,'' ``us'' and ``our'' refer to California Resources Corporation and its subsidiaries.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/2018-7.53NAN/E
12/2017-6.26NAN/E
09/2017-5.04NAN/E
06/201711.73NA0.73
03/20179.28NA1.62
12/20166.76NA3.15
06/2016-93.15NAN/E
03/2016-914.00NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.05Total Liab/Total Assets1.13
Net Inc/Total Assets-0.04Total Liab/Inv Cap1.28
Net Inc/Inv Cap-0.05Total Liab/Comm Equity1.44
Pretax Inc/Net Sales-0.12Interest Coverage Ratio0.24
Net Inc/Net Sales-0.13Curr Debt/EquityNA
Cash Flow/Net Sales0.12LTD/Equity-6.52
SG&A/NetSales0.24Total Debt/Equity-6.52
Asset Utilization   Liquidity  
Net Receivables Turnover8.24Quick Ratio0.58
Inventory Turnover15.37Current Ratio0.66
Inventory Day Sales0.04Net Rec/Curr Assets0.57
Net Sales/Work Cap-8.42Inv/Curr Assets0.12
Net Sales/PP&E0.37  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 647.00 596.00 510.00 473.00
Cost of Goods Sold 212.00 227.00 222.00 216.00
Selling & Admin Exps 162.00 131.00 131.00 121.00
Operating Income 146.00 101.00 18.00 -8.00
Interest Exp 92.00 91.00 85.00 83.00
Pretax Income 9.00 -135.00 -132.00 -47.00
Other Income -45.00 -145.00 -65.00 44.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -2.00 -138.00 -133.00 -48.00

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 494.00 20.00 28.00 9.00
Receivables - Total 244.00 277.00 221.00 193.00
Inventories - Total 56.00 56.00 58.00 57.00
Total Current Assets 949.00 483.00 452.00 387.00
Net Property, Plant & Equipment 5,714.00 5,696.00 5,692.00 5,738.00
Total Assets 6,699.00 6,207.00 6,183.00 6,154.00
Liabilities        
Accounts Payable 806.00 732.00 646.00 507.00
Debt in Current Liabilities NA 0.00 100.00 100.00
Total Current Liabilities 806.00 732.00 746.00 607.00
Long-Term Debt 4,941.00 5,306.00 5,039.00 5,069.00
Total Liabilities 6,738.00 7,021.00 6,850.00 6,693.00
Stockholder's Equity        
Minority Interest 109.00 94.00 93.00 48.00
Preferred Stock 0.00 0.00 0.00 -1.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -5,672.00 -5,670.00 -5,532.00 -5,399.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity -763.00 -814.00 -667.00 -539.00
Total Liabilities and Stockholders' Equity 5,975.00 6,207.00 6,183.00 6,154.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 200.00 23.00 105.00 -13.00
Net Cash Provided by Investing Activities -138.00 -139.00 -100.00 -74.00
Net Cash Provided by Financing Activities 412.00 108.00 14.00 46.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20134,284.00869.00--
12/20144,178.00-1,434.00--
12/20152,270.00-3,554.00--
12/20161,753.00279.006.76
12/20172,096.00-266.00-6.26
Growth Rates-16.37----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1830434,32071.17




Report Date : 7/16/2018

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