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CRC (California Resources) Scaled Net Operating Assets : 1.00 (As of Sep. 2024)


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What is California Resources Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

California Resources's operating assets for the quarter that ended in Sep. 2024 was $6,887 Mil. California Resources's operating liabilities for the quarter that ended in Sep. 2024 was $2,405 Mil. California Resources's Total Assets for the quarter that ended in Jun. 2024 was $4,490 Mil. Therefore, California Resources's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 1.00.


California Resources Scaled Net Operating Assets Historical Data

The historical data trend for California Resources's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

California Resources Scaled Net Operating Assets Chart

California Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.26 0.66 0.58 0.59

California Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.59 0.58 0.58 1.00

Competitive Comparison of California Resources's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, California Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


California Resources's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, California Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where California Resources's Scaled Net Operating Assets falls into.



California Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

California Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(3502-1169)/3967
=0.59

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3998 - 496
=3502

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1779 - 595 - 15
=1169

California Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(6887-2405)/4490
=1.00

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=7128 - 241
=6887

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3627 - 1202 - 20
=2405

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


California Resources Scaled Net Operating Assets Related Terms

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California Resources Business Description

Traded in Other Exchanges
Address
1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
Executives
Noelle M. Repetti officer: Vice President and Controller 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Francisco Leon officer: EVP Corp Dev & Strategic Plng 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Mark Allen Mcfarland director 7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
William B Roby director 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Omar Hayat officer: EVP - Operations 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Peralta Manuela Molina officer: EVP and CFO 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Goldentree Asset Management Lp 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Alejandra Veltmann director 1500 CITYWEST BLVD., SUITE 800, HOUSTON TX 77042
Neeman Brady Nicole Elana director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Christopher D. Gould officer: EVP & Chief Sustainability Off 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Ssf Iv Energy I Aiv 2, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Af Energy Feeder, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Assf Operating Manager Iv, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Aeof Ecr Aiv C, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067