CRC — what changed in the latest 10-Q
A section-by-section comparison of CRC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-08-10 vs the prior 10-Q · 2026-05-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +143 | −83 | ~54 | 162 |
| Market risk (Item 3) | Text added/removed | +143 | −83 | ~54 | 160 |
| Controls & procedures | Text added/removed | +143 | −83 | ~54 | 160 |
| Legal proceedings | Text added/removed | +143 | −83 | ~54 | 160 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-08-10
Net gain (loss) from commodity sales derivatives205 157 (643)163
Costs related to marketing of purchased commodities15 41 38 91
Actuarial gain associated with pension and postretirement plans, net of tax
Amortization of prior service cost credit included in net periodic benefit cost, net of tax— (1)(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three and six months ended June 30, 2026 and 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Amortization of prior service cost credit included in net periodic benefit cost, net of tax(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three months ended March 31, 2026 and 2025.
At the date of this filing, our assessment of the fair value of assets acquired and liabilities assumed remains preliminary. Certain data necessary to complete the purchase price allocation is not yet available, and includes, but is not limited to, final appraisals of Berry's property, plant and equ…
We expect to complete the purchase price allocation during the 12-month period subsequent to the Berry Merger closing date and adjustments may be made to the provisional amounts recorded as of March 31, 2026.
(b)Other long-term liabilities include the contingent liability related to the Carbon TerraVault JV put and call rights.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-10
Net gain (loss) from commodity sales derivatives205 157 (643)163
Costs related to marketing of purchased commodities15 41 38 91
Actuarial gain associated with pension and postretirement plans, net of tax
Amortization of prior service cost credit included in net periodic benefit cost, net of tax— (1)(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three and six months ended June 30, 2026 and 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Amortization of prior service cost credit included in net periodic benefit cost, net of tax(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three months ended March 31, 2026 and 2025.
At the date of this filing, our assessment of the fair value of assets acquired and liabilities assumed remains preliminary. Certain data necessary to complete the purchase price allocation is not yet available, and includes, but is not limited to, final appraisals of Berry's property, plant and equ…
We expect to complete the purchase price allocation during the 12-month period subsequent to the Berry Merger closing date and adjustments may be made to the provisional amounts recorded as of March 31, 2026.
(b)Other long-term liabilities include the contingent liability related to the Carbon TerraVault JV put and call rights.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-10
Net gain (loss) from commodity sales derivatives205 157 (643)163
Costs related to marketing of purchased commodities15 41 38 91
Actuarial gain associated with pension and postretirement plans, net of tax
Amortization of prior service cost credit included in net periodic benefit cost, net of tax— (1)(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three and six months ended June 30, 2026 and 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Amortization of prior service cost credit included in net periodic benefit cost, net of tax(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three months ended March 31, 2026 and 2025.
At the date of this filing, our assessment of the fair value of assets acquired and liabilities assumed remains preliminary. Certain data necessary to complete the purchase price allocation is not yet available, and includes, but is not limited to, final appraisals of Berry's property, plant and equ…
We expect to complete the purchase price allocation during the 12-month period subsequent to the Berry Merger closing date and adjustments may be made to the provisional amounts recorded as of March 31, 2026.
(b)Other long-term liabilities include the contingent liability related to the Carbon TerraVault JV put and call rights.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-10
Net gain (loss) from commodity sales derivatives205 157 (643)163
Costs related to marketing of purchased commodities15 41 38 91
Actuarial gain associated with pension and postretirement plans, net of tax
Amortization of prior service cost credit included in net periodic benefit cost, net of tax— (1)(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three and six months ended June 30, 2026 and 2025.
Text removed vs the prior filing · source: 10-Q · 2026-05-06
Amortization of prior service cost credit included in net periodic benefit cost, net of tax(1)(2)
(a) Tax effects of the amortization of prior service cost credit were insignificant for the three months ended March 31, 2026 and 2025.
At the date of this filing, our assessment of the fair value of assets acquired and liabilities assumed remains preliminary. Certain data necessary to complete the purchase price allocation is not yet available, and includes, but is not limited to, final appraisals of Berry's property, plant and equ…
We expect to complete the purchase price allocation during the 12-month period subsequent to the Berry Merger closing date and adjustments may be made to the provisional amounts recorded as of March 31, 2026.
(b)Other long-term liabilities include the contingent liability related to the Carbon TerraVault JV put and call rights.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice