Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.
California-focused independent oil E&P with thermal and conventional recovery assets.
Sector: United States — oil & gas exploration & production
US_EP_CRC
No intraday sparkline from the default exchange feed; Yahoo or day change may still appear below when available.
No price chart.
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: sec_companyfacts/1609253
| Period | Issues |
|---|---|
| 2023-09-30 Q3 | ⚠Warn 2 |
| 2023-12-31 FY | ⚠Warn 1 |
| 2024-03-31 Q1 | ⚠Warn 3 |
| 2024-06-30 Q2 | ⚠Warn 2 |
| 2024-09-30 Q3 | ⚠Warn 2 |
| 2024-12-31 FY | ⚠Warn 2 |
| 2025-03-31 Q1 | ✗Errors 2Warn 2 |
| 2025-06-30 Q2 | ⚠Warn 1 |
| 2025-09-30 Q3 | ⚠Warn 1 |
| 2025-12-31 FY | ⚠Warn 1 |
| 2026-03-31 Q1 | ✗Errors 6Warn 1 |
Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueM USD | Operating profitM USD | D&AM USD | EBITDAM USD | Net profitM USD | Operating CFM USD | Capex + M&AM USD | AssetsM USD | EquityM USD | ROE (annualized) | Net debtM USD | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | OK | 119.0 y/y -87.0% | -711.0 y/y -482.3% | 133.0 y/y 1.5% | -578.0 y/y -282.3% | -711.0 y/y -718.3% | 99.0 | -136.0 | 7149.0 y/y 4.7% | 2918.0 y/y -17.0% | -86.3% | 1283.0 | Link |
| 2025-12-31 | FY 2025 (12M) | OK | 924.0 y/y 5.4% | 47.0 y/y -30.9% | 129.0 y/y -9.2% | 176.0 y/y -16.2% | 12.0 y/y -63.6% | 235.0 | -508.0 | 7403.0 y/y 3.8% | 3674.0 y/y 3.8% | 10.2% | 1167.0 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 855.0 y/y -36.8% | 98.0 y/y -81.1% | 123.0 y/y -12.1% | 221.0 y/y -66.4% | 64.0 y/y -81.4% | 279.0 | -87.0 | 6751.0 y/y -5.3% | 3443.0 y/y -1.7% | 2.5% | 837.0 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 978.0 y/y 90.3% | 267.0 y/y 602.6% | 128.0 y/y 141.5% | 395.0 y/y 334.1% | 172.0 y/y 2050.0% | 165.0 | -51.0 | 6712.0 y/y 49.5% | 3407.0 y/y 66.0% | 19.9% | 960.0 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 912.0 y/y 100.9% | 186.0 y/y 4750.0% | 131.0 y/y 147.2% | 317.0 y/y 546.9% | 115.0 y/y 1250.0% | 186.0 | -79.0 | 6827.0 y/y 74.6% | 3516.0 y/y 68.0% | 13.0% | 818.0 | Link |
| 2024-12-31 | FY 2024 (12M) | OK | 877.0 y/y — | 68.0 y/y — | 142.0 y/y — | 210.0 y/y — | 33.0 y/y — | 206.0 | -67.0 | 7135.0 y/y 78.5% | 3538.0 y/y 59.4% | 10.7% | 776.0 | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 1353.0 y/y 194.1% | 518.0 y/y 3553.3% | 140.0 y/y 150.0% | 658.0 y/y 1504.9% | 345.0 y/y 1668.2% | 220.0 | -928.0 | 7128.0 y/y 80.4% | 3501.0 y/y 70.8% | 16.6% | 910.0 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 514.0 y/y — | 38.0 y/y — | 53.0 y/y — | 91.0 y/y — | 8.0 y/y — | 97.0 | -33.0 | 4490.0 y/y — | 2052.0 y/y — | 1.5% | 149.0 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 454.0 y/y — | -4.0 y/y — | 53.0 y/y — | 49.0 y/y — | -10.0 y/y — | 87.0 | -49.0 | 3910.0 y/y — | 2093.0 y/y — | -1.9% | 157.0 | Link |
| 2023-12-31 | FY 2023 (12M) | OK | — y/y — | — y/y — | — y/y — | — y/y — | — y/y — | 131.0 | — | 3998.0 y/y — | 2219.0 y/y — | 26.4% | 59.0 | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 460.0 y/y — | -15.0 y/y — | 56.0 y/y — | 41.0 y/y — | -22.0 y/y — | 104.0 | -28.0 | 3952.0 y/y — | 2050.0 y/y — | — | 123.0 | Link |
Physical operating metrics — supplementary, not part of the financial statements
Oil and Gas E and P
| Year | Reserves, mln boe |
|---|---|
| 2025 | 654 |
| 2024 | 545 |
| 2023 | 377 |
| 2022 | 417 |
| 2021 | 480 |
| 2020 | 448 |
| Year | Production, mln boe | per day |
|---|---|---|
| 2025 | 64.02 | 175 397 |
| 2024 | 49.34 | 135 181 |
| 2023 | 31.84 | 87 247 |
| 2022 | 33.49 | 91 748 |
| 2021 | 36.50 | 100 000 |
| 2020 | 40.52 | 111 000 |
| 2019 | 23.39 | 64 074 |
EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)
Quarterly values ($ mln)
Year-over-year change
Net debt / cash ($ mln)
Current 27.2x · 3-year average 6.6x
FY blocks below combine SEC XBRL tags (revenue & selected expense lines), plus production / reserves notes sourced to Form 10-K or company filings where cited.
Production and proved reserves in the FY blocks are keyed from supplemental 10-K tables after each filing is wired in. Automated SEC revenue/expense tags for the newest FY often appear before operational volumes and reserves for that same year.
Reserves life (R/P): 13.0 yr
| FY end | Crude oil equivalent (net, Mboe/d) | Proved reserves (net, MMboe) | Proved developed (net, MMboe) | Proved undeveloped (net, MMboe) |
|---|---|---|---|---|
| 2025-12-31 | 138 | 654 | — | — |
| 2024-12-31 | 110 | 545 | — | — |
Model: apply spot-vs-LTM commodity price moves to LTM revenue mix (oil/gas/NGL). Purchased products scale with revenue; remaining cash expenses inflate (PPI proxy). Fair value: EBITDA at trailing ~3y average commodity prices, conservative used EBITDA (average of spot and 3y-avg when spot is higher), × 3y average EV/EBITDA − net debt.
| Line item | Value |
|---|---|
| 1 · Reported baseline LTM or latest FY revenue/EBITDA and revenue mix. | |
| LTM revenue (last 4 quarters) | 2 864 USDm |
| LTM EBITDA (last 4 quarters) | 355 USDm |
| Baseline cash costs (revenue − EBITDA) | 2 509 USDm |
| Revenue mix: oil / gas / NGL / other | 89.4% / 5.0% / 5.6% / 0.0% |
| · Crude oil | 2 646 USDm (89.4% of implied) |
| · Natural gas | 149 USDm (5.0% of implied) |
| · NGLs | 165 USDm (5.6% of implied) |
| 2 · Commodity prices Spot move = last ÷ LTM average. 3y-avg-price EBITDA uses trailing ~3y mean ÷ LTM average. | |
| Oil — spot & 3y avg vs LTM | spot 95.96 · LTM avg 72.44 · 3y avg — → spot move +32.5% |
| Gas — spot & 3y avg vs LTM | spot 3.15 · LTM avg 3.41 · 3y avg — → spot move -7.6% |
| NGL — spot & 3y avg vs LTM | spot 5 862.50 · LTM avg 4 970.46 · 3y avg — → spot move +17.9% |
| 3 · Cash cost model Purchased products scale with revenue; other costs inflate. | |
| Purchased products / revenue | 0.0% |
| PPI inflation multiplier (12m) | 1.055 |
| → Projected purchased cost (at spot revenue) | 0 USDm |
| → Projected other cash cost (inflated) | 2 647 USDm |
| 4 · Spot forward P&L Headline spot cards use §4. | |
| = Projected spot revenue | 3 713 USDm |
| = Spot EBITDA | 1 066 USDm |
| = EBITDA at 3y avg commodity prices | 257 USDm |
| 5 · Valuation vs spot Current EV vs spot EBITDA. | |
| Enterprise value (current) | — |
| EV ÷ Spot EBITDA | — |
| 6 · Fair value & upside Conservative used EBITDA × 3y average EV/EBITDA → fair market cap. | |
| EBITDA at 3y avg commodity prices | 257 USDm |
| = Conservative used EBITDA | 662 USDm |
| Fair market cap (3y avg EV/EBITDA × used EBITDA − net debt) | — |
Flow: baseline → commodity prices → expense model → spot P&L → fair value (used EBITDA × 3y avg EV/EBITDA − net debt). Hover for formulas.
FY2025 average net production and year-end proved reserves per CRC FY2025 results release.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 138 |
| Proved reserves (net, MMboe) | 654 |
Sources
Volumes and per-unit realized sales prices come from the issuer's latest Form 10-K production-and-pricing table. Implied product revenue = volume × price; mix shares feed the spot 12-month forecast above.
FY2025 10-K Item 1, Average daily net production & Average realized prices tables (crc-20251231.htm). Volumes annualised (×365) from company-reported MBbl/d and MMcf/d; realized prices are without derivative settlements.
| Product | Annual volume | Avg realized price | Implied revenue (USDm) | Share of implied revenue |
|---|---|---|---|---|
| Crude oil | 39.8 MMBbls | 66.52 USD/bbl | 2,646.5 | 89.4% |
| Natural gas | 41,610 MMcf | 3.57 USD/Mcf | 148.5 | 5.0% |
| NGLs | 3.6 MMBbls | 45.30 USD/bbl | 165.3 | 5.6% |
| Total (implied product revenue) | 2,960.4 | 100.0% |
| Line item | Amount | |
|---|---|---|
| Total revenues (consolidated) | 3,669 | USD mln |
| Line item | Amount | |
|---|---|---|
| Lease & well expenses (LOE) | 145 | USD mln |
| Depreciation, depletion & amortization | 511 | USD mln |
| Impairment — oil & gas properties | 57 | USD mln |
| Income tax expense (benefit) | 139 | USD mln |
| Total costs and expenses (consolidated) | 3,070 | USD mln |
Primary SEC filing for this FY (HTML)
FY2024 production per CRC FY2025 results release table; proved reserves approximated from +20% YoY to 654 MMBoe.
| Line item | Amount |
|---|---|
| Crude oil equivalent (net, Mboe/d) | 110 |
| Proved reserves (net, MMboe) | 545 |
Sources
| Line item | Amount | |
|---|---|---|
| Total revenues (consolidated) | 3,198 | USD mln |
| Line item | Amount | |
|---|---|---|
| Lease & well expenses (LOE) | 77 | USD mln |
| Depreciation, depletion & amortization | 388 | USD mln |
| Income tax expense (benefit) | 140 | USD mln |
| Total costs and expenses (consolidated) | 2,589 | USD mln |
Primary SEC filing for this FY (HTML)
No production / reserves detail wired for this fiscal year yet.
| Line item | Amount | |
|---|---|---|
| Total revenues (consolidated) | 2,801 | USD mln |
| Line item | Amount | |
|---|---|---|
| Lease & well expenses (LOE) | 75 | USD mln |
| Depreciation, depletion & amortization | 225 | USD mln |
| Exploration expense | 3 | USD mln |
| Income tax expense (benefit) | 184 | USD mln |
| Total costs and expenses (consolidated) | 2,025 | USD mln |
Primary SEC filing for this FY (HTML)
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Investor reporting (IR): https://ir.crc.com/
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)