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| Date | Value |
|---|---|
| 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 |