California Resources vs Range Resources
California Resources is the larger business, with $3.67bn of revenue in fiscal 2025 against $3.12bn for Range Resources (1.2 times as much). Range Resources grew faster (28.9% against 14.7%). Range Resources kept more of each dollar of sales as profit: a net margin of 21.1% against 9.9%. Range Resources carries less debt relative to equity (28.2% against 35.4%).
| Latest fiscal year | California ResourcesCRC, 2025 | Range ResourcesRRC, 2025 |
|---|---|---|
| Revenue | $3.67bn | $3.12bn |
| Revenue growth | 14.7% | 28.9% |
| Net income | $363m | $658m |
| Operating margin | 16.3% | — |
| Net margin | 9.9% | 21.1% |
| Return on equity | 10.1% | 15.9% |
| Free cash flow | $543m | $590m |
| Cash | $132m | $204,000 |
| Total debt | $1.30bn | $1.22bn |
| Debt to equity | 35.4% | 28.2% |
| Dividend per share | $1.57 | $0.36 |
| Dividend yield | 3.0% | 0.7% |
| Share buybacks | $377m | — |
| Employees | 2,500 | — |
| Market value | $4.57bn | $12.76bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 39 (Weak) | 60 (Moderate) |
| Insider trades, 12 months | 2 buys, 11 sales | 0 buys, 10 sales |