California Resources Corp
NYSE:CRC
Net Margin
California Resources Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
California Resources Corp
NYSE:CRC
|
3.8B USD |
14%
|
|
| US |
|
Conocophillips
NYSE:COP
|
110B USD |
17%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
701.7B CNY |
32%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
89.4B CAD |
20%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
61.4B USD |
26%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
25%
|
|
| US |
|
Hess Corp
NYSE:HES
|
40.3B USD |
18%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
39.7B USD |
30%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
33.3B USD |
7%
|
|
| US |
|
Texas Pacific Land Corp
NYSE:TPL
|
31.1B USD |
64%
|
|
| US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
40%
|
California Resources Corp
Glance View
California Resources Corporation (CRC) emerged from Occidental Petroleum's split in 2014, carving out its niche as a major player in the oil and natural gas industry. Rooted deeply in the landscapes of California, CRC's primary operations revolve around the extraction, production, and development of hydrocarbon assets situated primarily in the prolific San Joaquin, Los Angeles, Ventura, and Sacramento Basins. Leveraging advanced extraction technologies, CRC employs a combination of traditional drilling, enhanced oil recovery (EOR) techniques, such as water and steam flooding, and cutting-edge methods to optimize production. Their strategic focus is not only on maximizing output but also on managing costs effectively, which is crucial given the volatile nature of oil prices and regulatory challenges inherent in California. Beyond mere extraction, CRC has been intricately woven into California’s energy framework by emphasizing responsible energy production. It navigates through complex environmental regulations while striving to reduce greenhouse gas emissions and implement water recycling programs. This responsible approach aligns with the state’s robust environmental standards, positioning CRC as a company that aims to balance profitability with sustainability. Revenue streams are fundamentally tied to the fluctuating global prices of oil and gas, but strategic hedging practices and contracts often buffer against market shocks. By efficiently extracting resources from its well-established acreage, CRC has created a model that allows it to maintain economic viability amidst the ever-evolving energy landscape.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on California Resources Corp's most recent financial statements, the company has Net Margin of 13.7%.
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