California Resources (CRC) Operating Expenses (2013 - 2025)

California Resources' (CRC) quarterly Operating Expenses came in at $877.0 million in Q4 2025, up 7.87% year-on-year from $813.0 million in Q4 2024, and up 16.01% quarter-over-quarter from $756.0 million in Q3 2025.

California Resources (CRC) Operating Expenses (2013 - 2025) Analysis & Trends

California Resources has disclosed Operating Expenses across 13 years of filings, most recently posting $877.0 million for Q4 2025.

  • Operating Expenses for Q4 2025 came in at $877.0 million, up 7.87% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.1 billion (up 18.58% YoY), and the FY2025 annual result was $3.1 billion, up 18.58% from the prior year.
  • Operating Expenses came in at $877.0 million for Q4 2025 at California Resources, up from $756.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $877.0 million in Q4 2025 to a low of $55.0 million in Q4 2021.
  • The 5-year median for Operating Expenses is $476.0 million (2023), against an average of $549.6 million.
  • Across the five-year window, Operating Expenses surged 898.18% in 2022 and decreased 27.27% in 2024, its largest moves.
  • California Resources' Operating Expenses stood at $55.0 million in 2021, then soared by 898.18% to $549.0 million in 2022, then retreated by 14.75% to $468.0 million in 2023, then jumped by 73.72% to $813.0 million in 2024, then increased by 7.87% to $877.0 million in 2025.
  • The last three Operating Expenses figures came in at $877.0 million (Q4 2025), $756.0 million (Q3 2025), and $711.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 1.04 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 2.28 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 4.32 Bn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 1.12 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 4.12 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -52.32 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 54.87 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 103.33 Mn
10 California Resources 5.08 Bn 4.95 Bn 354.00 Mn 877.00 Mn

Historic Data

Download Data
DateValue
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 55.00 Mn
Sep 30, 2021 468.00 Mn
Jun 30, 2021 394.00 Mn
Mar 31, 2021 436.00 Mn