CoJax Oil & Gas (CJAX) Asset Utilization Ratio (2024 - 2026)
CoJax Oil & Gas (CJAX) posted Asset Utilization Ratio of 0.08 for Q1 2026, down 20.83% quarter-over-quarter from 0.1 in Q4 2025, and down 28.39% year-on-year from 0.11 in Q1 2025.
CoJax Oil & Gas (CJAX) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
CoJax Oil & Gas (CJAX) has reported Asset Utilization Ratio for 3 consecutive years, with 0.08 the latest figure, recorded in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.08, down 28.39% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.08 (down 28.39% YoY), and the FY2025 annual result was 0.1, down 26.55% from the prior year.
- Asset Utilization Ratio was 0.08 for Q1 2026 at CoJax Oil & Gas, down from 0.1 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.2 in Q1 2024 and troughed at 0.08 in Q1 2026.
- Average Asset Utilization Ratio over 3 years is 0.12, with a median of 0.1 recorded in 2025.
- The widest YoY moves for Asset Utilization Ratio: up 9.44% in 2025, down 47.22% in 2025.
- Over 3 years, Asset Utilization Ratio stood at 0.09 in 2024, then advanced by 9.44% to 0.1 in 2025, then retreated by 20.83% to 0.08 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.08 in Q1 2026, 0.1 in Q4 2025, and 0.1 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.24 |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 0.39 |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 0.50 |
| 10 | CoJax Oil & Gas | 50.30 Mn | 50.25 Mn | - | 0.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.09 |
| Mar 31, 2026 | 0.08 |
| Dec 31, 2025 | 0.10 |
| Sep 30, 2025 | 0.10 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.11 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.20 |