California Resources Corporation (CRC) Interest Expense
The interest expense for California Resources Corporation (CRC) is $106.00 Million with a year-over-year change of +21.84%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.
CRC Interest Expense Chart
Current Interest Expense
$106.00M
$106.00 Million
Year-over-Year Change
+21.84%
vs. $87.00M prior year
Historical Data
15
Years of data available
Annual Interest Expense History
| Year | Interest Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $106.00M | +$19.00M | +21.84% |
| 2024 | $87.00M | +$31.00M | +55.36% |
| 2023 | $56.00M | +$3.00M | +5.66% |
| 2022 | $53.00M | $-1.00M | -1.85% |
| 2021 | $54.00M | $-163.00M | -75.12% |
| 2020 | $217.00M | $-166.00M | -43.34% |
| 2019 | $383.00M | +$4.00M | +1.06% |
| 2018 | $379.00M | +$36.00M | +10.50% |
| 2017 | $343.00M | +$15.00M | +4.57% |
| 2016 | $328.00M | +$2.00M | +0.61% |
| 2015 | $326.00M | +$254.00M | +352.78% |
| 2014 | $72.00M | +$72.00M | — |
| 2013 | $0 | +$0 | — |
| 2012 | $0 | +$0 | — |
| 2011 | $0 | — | — |
About California Resources Corporation
California Resources Corporation functions as an independent enterprise primarily engaged in oil and natural gas ventures. Its operations encompass the full spectrum from exploration and extraction of crude oil, natural gas, and natural gas liquids, through their collection and processing, to their ultimate marketing. These energy products are supplied to various clients, including energy marketers, refineries located in California, and other purchasers who possess the necessary transport and storage infrastructure. As of December 31, 2021, the company held rights to approximately 1.9 million net mineral acres, with its proven reserves estimated at 480 million barrels of oil equivalent (BOE). Additionally, the firm also produces and supplies electricity to both the local utility and the broader power grid. Established in 2014, the corporation is headquartered in Santa Clarita, California.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Francisco J. Leon