Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020)
Canadian Natural Resources' (CNQ) quarterly Asset Utilization Ratio came in at 0.29 in Q1 2020, down 0.64% year-over-year from 0.29 in Q2 2019, and down 1.13% quarter-over-quarter from 0.29 in Q4 2019.
Analysis
Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020) Analysis & Trends
Canadian Natural Resources has disclosed Asset Utilization Ratio across 12 years of filings, most recently posting 0.29 for Q1 2020.
- In Q1 2020, Asset Utilization Ratio fell 0.64% year-over-year to 0.29; the TTM figure through Mar 2020 stood at 0.29 (down 0.64% YoY), while the FY2025 annual figure was 0.44, up 0.61% from the prior year.
- Asset Utilization Ratio came in at 0.29 for Q1 2020 at Canadian Natural Resources, down 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 0.13 in Q3 2016.
- Average Asset Utilization Ratio over 5 years is 0.24, with a median of 0.26 recorded in 2018.
- Year-over-year, Asset Utilization Ratio plunged 38.35% in 2016 and jumped 58.37% in 2017.
- Over 5 years, Asset Utilization Ratio stood at 0.15 in 2016, then soared by 56.49% to 0.23 in 2017, then climbed by 27.92% to 0.29 in 2018, then fell by 1.45% to 0.29 in 2019, then retreated by 1.13% to 0.29 in 2020.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.29 in Q1 2020, 0.29 in Q4 2019, and 0.26 in Q3 2019.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 166.37 Bn | 158.68 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.24 Bn | 104.35 Bn | 8.84 Bn | - |
| 3 | Eog Resources | 77.64 Bn | 72.73 Bn | - | 0.50 |
| 4 | Diamondback Energy | 57.73 Bn | 57.26 Bn | 5.55 Bn | 0.24 |
| 5 | Devon Energy | 46.75 Bn | 45.74 Bn | 6.02 Bn | 0.39 |
| 6 | Expand Energy | 23.07 Bn | 21.81 Bn | 2.33 Bn | 0.47 |
| 7 | Permian Resources | 19.87 Bn | 19.61 Bn | - | 0.31 |
| 8 | Ovintiv | 17.94 Bn | 17.05 Bn | 2.83 Bn | 0.47 |
| 9 | Apa | 15.73 Bn | 15.28 Bn | 2.28 Bn | 0.48 |
| 10 | Antero Resources | 12.12 Bn | 11.55 Bn | 1.56 Bn | 0.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 0.29 |
| Mar 31, 2018 | 0.26 |
| Dec 31, 2017 | 0.23 |
| Sep 30, 2017 | 0.21 |
| Jun 30, 2017 | 0.21 |
| Mar 31, 2017 | 0.21 |
| Dec 31, 2016 | 0.15 |
| Sep 30, 2016 | 0.13 |
| Jun 30, 2016 | 0.15 |
| Mar 31, 2016 | 0.19 |
| Dec 31, 2015 | 0.23 |
| Sep 30, 2015 | 0.19 |
| Jun 30, 2015 | 0.24 |