California Resources (CRC) Research & Development (2013 - 2024)
California Resources' (CRC) quarterly Research & Development came in at $1.0 million in Q3 2024, little changed quarter-over-quarter from $1.0 million in Q1 2024.
California Resources (CRC) Research & Development (2013 - 2024) Analysis & Trends
California Resources has disclosed Research & Development across 12 years of filings, most recently posting $1.0 million for Q3 2024.
- Research & Development for Q3 2024 came in at $1.0 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2024 was $3.0 million (changed 0.0% YoY), and the FY2023 annual result was $3.0 million, down 25.0% from the prior year.
- Research & Development came in at $1.0 million for Q3 2024 at California Resources, roughly flat 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.
- The 5-year median for Research & Development is $1.0 million (2021), against an average of $1.6 million.
- Across the five-year window, Research & Development sank 80.0% in 2020 and changed 0.0% in 2021, its largest moves.
- California Resources' 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.
- The last three Research & Development figures came in at $1.0 million (Q3 2024), $1.0 million (Q1 2024), and $1.0 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -316,475.27 |
| 10 | California Resources | 5.08 Bn | 4.95 Bn | 354.00 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 |