California Resources Second Quarter 2025 Earnings: Beats Expectations

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NYSE:CRC 1 Year Share Price vs Fair Value
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California Resources (NYSE:CRC) Second Quarter 2025 Results

Key Financial Results

  • Revenue: US$821.0m (up 59% from 2Q 2024).
  • Net income: US$172.0m (up by US$164.0m from 2Q 2024).
  • Profit margin: 21% (up from 1.6% in 2Q 2024). The increase in margin was driven by higher revenue.
  • EPS: US$1.93 (up from US$0.12 in 2Q 2024).
NYSE:CRC Earnings and Revenue Growth August 7th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

California Resources Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 109%.

Looking ahead, revenue is expected to decline by 5.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.7%.

Performance of the American Oil and Gas industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for California Resources that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.