California Resources (CRC) Operating Expenses (2013 - 2026)
California Resources (CRC) posted Operating Expenses of $877.0 million for Q4 2025, up 16.01% sequentially from $756.0 million in Q3 2025, and up 7.87% YoY from $813.0 million in Q4 2024.
California Resources (CRC) Operating Expenses (2013 - 2026) Analysis & Trends
California Resources has reported Operating Expenses for 13 years, with the latest figure at $877.0 million in Q4 2025.
- Quarterly Operating Expenses rose 7.87% year-over-year to $877.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.1 billion (up 18.58% YoY) and the FY2025 annual result came in at $3.1 billion, up 18.58% from the prior year.
- Operating Expenses climbed to $877.0 million in Q4 2025 per CRC's latest filing, from $756.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $877.0 million in Q4 2025 and troughed at $394.0 million in Q2 2021.
- A 5-year average of $567.9 million and a median of $476.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2024: Operating Expenses tumbled 80.38% in 2021, then soared 75.79% in 2024.
- Over 5 years, Operating Expenses stood at $422.0 million in 2021, then soared by 30.09% to $549.0 million in 2022, then slipped by 14.75% to $468.0 million in 2023, then soared by 73.72% to $813.0 million in 2024, then gained by 7.87% to $877.0 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $877.0 million, $756.0 million, and $711.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.50 Bn | 155.81 Bn | 12.81 Bn | 2.43 Bn |
| 2 | Canadian Natural Resources | 106.53 Bn | 104.64 Bn | 10.66 Bn | 114.95 Mn |
| 3 | Eog Resources | 80.14 Bn | 75.24 Bn | - | 5.09 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 3.05 Bn |
| 5 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 5.03 Bn |
| 6 | Woodside Energy | 46.08 Bn | 40.14 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 4.55 Bn |
| 8 | Eqt | 34.01 Bn | 33.89 Bn | 1.42 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.39 Bn | 26.15 Bn | - | 54.24 Mn |
| 10 | California Resources | 4.77 Bn | 4.71 Bn | 950.00 Mn | 786.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 786.00 Mn |
| Dec 31, 2025 | 877.00 Mn |
| Sep 30, 2025 | 756.00 Mn |
| Jun 30, 2025 | 711.00 Mn |
| Mar 31, 2025 | 726.00 Mn |
| Dec 31, 2024 | 813.00 Mn |
| Sep 30, 2024 | 835.00 Mn |
| Jun 30, 2024 | 477.00 Mn |
| Mar 31, 2024 | 464.00 Mn |
| Dec 31, 2023 | 468.00 Mn |
| Sep 30, 2023 | 475.00 Mn |
| Jun 30, 2023 | 444.00 Mn |
| Mar 31, 2023 | 638.00 Mn |
| Dec 31, 2022 | 549.00 Mn |
| Sep 30, 2022 | 536.00 Mn |
| Jun 30, 2022 | 473.00 Mn |
| Mar 31, 2022 | 396.00 Mn |
| Dec 31, 2021 | 422.00 Mn |
| Sep 30, 2021 | 468.00 Mn |
| Jun 30, 2021 | 394.00 Mn |