California Resources Corporation reported earnings results for the fourth quarter and full year ended December 31, 2025. For the fourth quarter, the company reported revenue was USD 924 million compared to USD 877 million a year ago. Net income was USD 12 million compared to USD 33 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.36 a year ago.
For the full year, revenue was USD 3,669 million compared to USD 3,198 million a year ago. Net income was USD 363 million compared to USD 376 million a year ago. Basic earnings per share from continuing operations was USD 4.17 compared to USD 4.74 a year ago. Diluted earnings per share from continuing operations was USD 4.15 compared to USD 4.62 a year ago.
California Resources Corporation is an independent energy and carbon management company committed to energy transition. It produces the lowest carbon intensity oil in the United States. It is in the early stages of developing several carbon capture and storage projects in California. Its carbon management business, Carbon TerraVault, is focused on building, installing, operating, and maintaining carbon dioxide (CO2) capture equipment, transportation assets and storage facilities in California. It has operations in oil and gas basins, including San Joaquin Basin, Los Angeles Basin, Sacramento Basin, and other. It holds substantially all the working, surface and mineral interests in the Elk Hills field, which is its largest producing asset in the San Joaquin basin, and has a large ownership interest in several other oil fields located in the San Joaquin basin, including Buena Vista and Coles Levee. The Los Angeles Basin is a northwest-trending plain about 50 miles long and 20 miles wide.
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Investor
Investor
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Global
Global
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Quality
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ESG MSCI
ESG MSCI
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