California Resources CRC
NYSE CRC
$53.52 +0.11 (+0.21%)
As of: Aug 21, 2026 · 2:38 PM EDT

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

California Resources (CRC) posted 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 has reported Research & Development for 12 years, with the latest figure at $1.0 million in Q3 2024.

  • Quarterly Research & Development changed N/A year-over-year to $1.0 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $3.0 million (changed 0.0% YoY) and the FY2023 annual result came in at $3.0 million, down 25.0% from the prior year.
  • Research & Development held at $1.0 million in Q3 2024 per CRC's latest filing, from $1.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $5.0 million in Q1 2020 and troughed at $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.
  • The sharpest annual moves came in 2020 and 2021: Research & Development sank 80.0% in 2020, then changed 0.0% in 2021.
  • Over 5 years, Research & Development stood at $2.0 million in 2020, then slumped 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.
  • According to Business Quant data, Research & Development over the past three periods registered $1.0 million, $1.0 million, and $1.0 million for Q3 2024, Q1 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 163.79 Bn 156.10 Bn 12.81 Bn 75.00 Mn
2 Canadian Natural Resources 106.55 Bn 104.65 Bn 10.66 Bn -
3 Eog Resources 80.29 Bn 75.38 Bn - 47.00 Mn
4 Diamondback Energy 59.20 Bn 58.74 Bn 5.55 Bn -
5 Woodside Energy 46.15 Bn 40.21 Bn 6.02 Bn -
6 Devon Energy 46.11 Bn 45.11 Bn 6.02 Bn 16.00 Mn
7 Occidental Petroleum 39.38 Bn 35.23 Bn 7.73 Bn 37.00 Mn
8 Eqt 33.87 Bn 33.76 Bn 1.42 Bn -
9 Texas Pacific Land 26.49 Bn 26.24 Bn - -
10 California Resources 4.76 Bn 4.70 Bn 950.00 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