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)  

In this report, except when the context otherwise requires or where otherwise indicated, (1) all references to ``CRC,'' the ``Company,'' ``we,'' ``us'' and ``our'' refer to California Resources Corporation and its subsidiaries or the California business, (2) all references to the ``California business'' refer to Occidental's California oil and gas exploration and production operations and related assets, liabilities and obligations, which we assumed in connection with the spin-off from Occidental on November 30, 2014 (the Spin-off), and (3) all references to ``Occidental'' refer to Occidental Petroleum Corporation, our former parent, and its subsidiaries. General We are an independent oil and natural gas exploration and production company operating properties within the state of California. We were incorporated in Delaware as a wholly owned subsidiary of Occidental on April 23, 2014, and remained a wholly owned subsidiary of Occidental until November 30, 2014.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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 2016 Leverage 2016
Net Inc/Comm Equity0.06Total Liab/Total Assets1.09
Net Inc/Total Assets0.04Total Liab/Inv Cap1.25
Net Inc/Inv Cap0.05Total Liab/Comm Equity1.42
Pretax Inc/Net Sales0.11Interest Coverage Ratio1.61
Net Inc/Net Sales0.16Curr Debt/Equity-0.18
Cash Flow/Net Sales0.07LTD/Equity-9.28
SG&A/NetSales0.27Total Debt/Equity-9.46
Asset Utilization   Liquidity  
Net Receivables Turnover8.12Quick Ratio0.51
Inventory Turnover13.79Current Ratio0.59
Inventory Day Sales0.04Net Rec/Curr Assets0.55
Net Sales/Work Cap-5.82Inv/Curr Assets0.14
Net Sales/PP&E0.30  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 473.00 517.00 501.00 470.00
Cost of Goods Sold 216.00 211.00 217.00 211.00
Selling & Admin Exps 117.00 122.00 167.00 48.00
Operating Income -4.00 38.00 -30.00 71.00
Interest Exp 83.00 84.00 85.00 95.00
Pretax Income -47.00 52.00 -77.00 546.00
Other Income 40.00 98.00 38.00 570.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -48.00 53.00 -77.00 546.00

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 9.00 50.00 12.00 10.00
Receivables - Total 193.00 212.00 232.00 202.00
Inventories - Total 57.00 57.00 58.00 61.00
Total Current Assets 387.00 409.00 425.00 356.00
Net Property, Plant & Equipment 5,738.00 5,793.00 5,885.00 5,953.00
Total Assets 6,154.00 6,237.00 6,354.00 6,332.00
Liabilities        
Accounts Payable 507.00 588.00 626.00 584.00
Debt in Current Liabilities 100.00 100.00 100.00 74.00
Total Current Liabilities 607.00 688.00 726.00 658.00
Long-Term Debt 5,069.00 5,021.00 5,168.00 5,173.00
Total Liabilities 6,693.00 6,732.00 6,911.00 6,825.00
Stockholder's Equity        
Minority Interest 48.00 48.00 NA NA
Preferred Stock -1.00 0.00 0.00 0.00
Common Stock 0.00 0.00 0.00 0.00
Retained Earnings -5,399.00 -5,351.00 -5,404.00 -5,327.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity -539.00 -495.00 -557.00 -493.00
Total Liabilities and Stockholders' Equity 6,154.00 6,237.00 6,354.00 6,332.00

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities -13.00 133.00 -15.00 101.00
Net Cash Provided by Investing Activities -74.00 0.00 -30.00 -13.00
Net Cash Provided by Financing Activities 46.00 -95.00 47.00 -80.00

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
Growth Rates-25.76----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1727931,92174.63




Report Date : 10/16/2017

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