Chord Energy (CHRD) Asset Utilization Ratio (2016 - 2025)
Chord Energy (CHRD) has disclosed Asset Utilization Ratio for 13 consecutive years, with 0.36 as the latest value for Q3 2024.
- On a quarterly basis, Asset Utilization Ratio fell 37.94% to 0.36 in Q3 2024 year-over-year; TTM through Sep 2024 was 0.36, a 37.94% decrease, with the full-year FY2023 number at 0.57, down 23.88% from a year prior.
- Asset Utilization Ratio was 0.36 for Q3 2024 at Chord Energy, down from 0.44 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.77 in Q2 2022 to a low of 0.11 in Q3 2021.
- A 5-year average of 0.45 and a median of 0.54 in 2021 define the central range for Asset Utilization Ratio.
- Peak YoY movement for Asset Utilization Ratio: surged 368.11% in 2022, then tumbled 37.94% in 2024.
- Chord Energy's Asset Utilization Ratio stood at 0.17 in 2020, then surged by 207.15% to 0.52 in 2021, then soared by 46.59% to 0.77 in 2022, then fell by 26.73% to 0.56 in 2023, then tumbled by 35.42% to 0.36 in 2024.
- Per Business Quant, the three most recent readings for CHRD's Asset Utilization Ratio are 0.36 (Q3 2024), 0.44 (Q2 2024), and 0.59 (Q1 2024).