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| 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 | 0.31 |
| 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 |