California Resources Corporation - New logo

CRC

California Resources Corporation - New

$49.15

Earnings Summary

Q2 FY2022-2023Q1 FY2022-2023Q4 FY2021-2022Q3 FY2021-2022Q2 FY2021-2022Q1 FY2021-2022Q4 FY2020-2021Q3 FY2020-2021Q2 FY2020-2021Q1 FY2020-2021Q4 FY2019-2020Q3 FY2019-2020Q2 FY2019-2020Q1 FY2019-2020Q4 FY2018-2019Q3 FY2018-2019Q2 FY2018-2019Q1 FY2018-2019Q4 FY2017-2018Q3 FY2017-2018Q2 FY2017-2018Q1 FY2017-2018Q4 FY2016-2017Q3 FY2016-2017
Revenue
$747Mn
Net Profits
$190Mn
Net Profit Margins
25.44%
PE Ratio
4.61

Highlights

Revenue:

California Resources Corporation - New’s revenue jumped 31.28% since last year same period to $747Mn in the Q2 2022. On a quarterly growth basis, California Resources Corporation - New has generated 4.48% jump in its revenue since last 3-months.

Net Profits:

California Resources Corporation - New’s net profit jumped 271.17% since last year same period to $190Mn in the Q2 2022. On a quarterly growth basis, California Resources Corporation - New has generated 208.57% jump in its net profits since last 3-months.

Net Profit Margins:

California Resources Corporation - New’s net profit margin jumped 230.38% since last year same period to 25.44% in the Q2 2022. On a quarterly growth basis, California Resources Corporation - New has generated 203.92% jump in its net profit margins since last 3-months.

PE Ratio:

California Resources Corporation - New’s price-to-earnings ratio after this Q2 2022 earnings stands at 4.61.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the California Resources Corporation - New post its latest quarter earnings

EPS Estimate Current Quarter
1.89
EPS Estimate Current Year
1.89

Highlights

EPS Estimate Current Quarter:

California Resources Corporation - New’s earning per share (EPS) estimates for the current quarter stand at 1.89 - a 50% jump from last quarter’s estimates.

EPS Estimate Current Year:

California Resources Corporation - New’s earning per share (EPS) estimates for the current year stand at 1.89.

Key Ratios

Key ratios of the California Resources Corporation - New post its Q2 2022 earnings

Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.69
Dividend Per Share (DPS)
0.51

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. California Resources Corporation - New’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. California Resources Corporation - New’s return on equity (ROE) stands at 0.69.

Dividend Per Share (DPS):

California Resources Corporation - New declared 0.51 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

20222021202020192018201720162015
Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
1.26
1.13
-10.32%

Company Information

alifornia Resources Corporation is the largest oil and natural gas exploration and production company in California. The Company operates exclusively within the State of California, applying complementary and integrated infrastructure to gather, process and market its production. Using advanced technology, the Company focuses on safely and responsibly supplying affordable energy for California by Californians.

Organisation
California Resources Corporation - New
Headquarters
Santa Clarita, California, US
Employees
1K
Industry
Energy Minerals
CEO
Todd Stevens