California Resources (CRC) Research & Development (2013 - 2024)

California Resources (CRC) reported Research & Development of $1.0 million for Q3 2024, little changed sequentially from $1.0 million in Q1 2024.

California Resources (CRC) Research & Development (2013 - 2024) Analysis & Trends

California Resources (CRC) has 12 years of Research & Development data on file, last reported at $1.0 million in Q3 2024.

  • For the quarter ending Q3 2024, Research & Development changed N/A year-over-year to $1.0 million; the trailing twelve-month figure through Sep 2024 stood at $3.0 million (changed 0.0% YoY), and the FY2023 full-year result was $3.0 million, down 25.0% from the prior year.
  • Research & Development held at $1.0 million in Q3 2024, from $1.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $5.0 million in Q1 2020 to a low of $1.0 million in Q4 2021.
  • A 5-year average of $1.6 million and a median of $1.0 million in 2021 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development tumbled 80.0% in 2020 and changed 0.0% in 2021, its largest moves.
  • Tracing CRC's Research & Development over 5 years: stood at $2.0 million in 2020, then tumbled by 50.0% to $1.0 million in 2021, then changed by 0.0% to $1.0 million in 2022, then changed by 0.0% to $1.0 million in 2023, then changed by 0.0% to $1.0 million in 2024.
  • Business Quant data shows CRC's Research & Development at $1.0 million in Q3 2024, $1.0 million in Q1 2024, and $1.0 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 109.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 45.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 110.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 25.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 14.00 Mn
10 California Resources 4.42 Bn 4.29 Bn 599.00 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2024 1.00 Mn
Mar 31, 2024 1.00 Mn
Dec 31, 2023 1.00 Mn
Jun 30, 2023 1.00 Mn
Mar 31, 2023 1.00 Mn
Dec 31, 2022 1.00 Mn
Sep 30, 2022 1.00 Mn
Jun 30, 2022 1.00 Mn
Mar 31, 2022 1.00 Mn
Dec 31, 2021 1.00 Mn
Sep 30, 2021 2.00 Mn
Jun 30, 2021 2.00 Mn
Mar 31, 2021 2.00 Mn
Sep 30, 2020 2.00 Mn
Jun 30, 2020 2.00 Mn
Mar 31, 2020 5.00 Mn
Dec 31, 2019 4.00 Mn
Sep 30, 2019 5.00 Mn
Jun 30, 2019 10.00 Mn
Mar 31, 2019 10.00 Mn