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| 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 |