Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020)

Canadian Natural Resources (CNQ) reported Asset Utilization Ratio of 0.29 for Q1 2020, down 0.64% on a YoY basis from 0.29 in Q2 2019, and down 1.13% sequentially from 0.29 in Q4 2019.

Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020) Analysis & Trends

Canadian Natural Resources (CNQ) has 12 years of Asset Utilization Ratio data on file, last reported at 0.29 in Q1 2020.

  • For the quarter ending Q1 2020, Asset Utilization Ratio fell 0.64% year-over-year to 0.29; the trailing twelve-month figure through Mar 2020 stood at 0.29 (down 0.64% YoY), and the FY2025 full-year result was 0.49, down 3.41% from the prior year.
  • Asset Utilization Ratio retreated to 0.29 in Q1 2020, from 0.29 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.31 in Q3 2018 to a low of 0.2 in Q3 2016.
  • A 5-year average of 0.26 and a median of 0.26 in 2019 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio sank 33.76% in 2016 and jumped 40.75% in 2018, its largest moves.
  • Tracing CNQ's Asset Utilization Ratio over 5 years: stood at 0.22 in 2016, then declined by 0.1% to 0.22 in 2017, then jumped by 34.3% to 0.29 in 2018, then declined by 1.45% to 0.29 in 2019, then fell by 1.13% to 0.29 in 2020.
  • Business Quant data shows CNQ's Asset Utilization Ratio at 0.29 in Q1 2020, 0.29 in Q4 2019, and 0.26 in Q3 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 0.47
2 Eog Resources 74.61 Bn 70.76 Bn - 0.45
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.22
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.24
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.23
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 0.50
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.53
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 0.50
10 Canadian Natural Resources 13.17 Bn 12.58 Bn 6.72 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2020 0.29
Dec 31, 2019 0.29
Sep 30, 2019 0.26
Jun 30, 2019 0.27
Mar 31, 2019 0.29
Dec 31, 2018 0.29
Sep 30, 2018 0.31
Jun 30, 2018 0.31
Mar 31, 2018 0.27
Dec 31, 2017 0.22
Sep 30, 2017 0.22
Jun 30, 2017 0.24
Mar 31, 2017 0.25
Dec 31, 2016 0.22
Sep 30, 2016 0.20
Jun 30, 2016 0.20
Mar 31, 2016 0.24
Dec 31, 2015 0.25
Sep 30, 2015 0.25
Jun 30, 2015 0.30