Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020)
Canadian Natural Resources' Asset Utilization Ratio came in at 0.43 for the year ended Dec 31, 2025, down 1.3% from 0.44 a year earlier.
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Analysis
Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020) Analysis & Trends
Going back to the year ended Dec 31, 2009, Canadian Natural Resources' Asset Utilization Ratio data covers 17 years.
- Asset Utilization Ratio has declined in each of the last three years.
- The figure for the year ended Dec 31, 2025 represents the lowest annual Asset Utilization Ratio since the year ended Dec 31, 2021.
- Per Business Quant, earlier years put Asset Utilization Ratio at 0.44 in the year ended Dec 31, 2024 (-5.4%), 0.46 in the year ended Dec 31, 2023 (-14.6%), 0.54 in the year ended Dec 31, 2022 (+33.0%) and 0.41 in the year ended Dec 31, 2021 (+86.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 678.46 Bn | 636.61 Bn | - | 0.85 |
| 2 | Shell | 572.35 Bn | 454.96 Bn | - | - |
| 3 | Chevron | 410.31 Bn | 377.35 Bn | 31.26 Bn | 0.70 |
| 4 | TotalEnergies SE | 190.98 Bn | 74.26 Bn | - | 0.69 |
| 5 | Eni Spa | 166.41 Bn | 117.77 Bn | - | - |
| 6 | Conocophillips | 163.94 Bn | 136.65 Bn | 12.81 Bn | 0.53 |
| 7 | Equinor Asa | 104.52 Bn | 35.38 Bn | 12.28 Bn | 0.78 |
| 8 | Canadian Natural Resources | 100.46 Bn | 98.53 Bn | - | - |
| 9 | Phillips 66 | 99.08 Bn | 82.87 Bn | 10.69 Bn | 2.06 |
| 10 | Suncor Energy | 82.03 Bn | 74.17 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 0.30 |
| Dec 31, 2019 | 0.29 |
| Sep 30, 2019 | 0.26 |
| Jun 30, 2019 | 0.27 |
| Mar 31, 2019 | 0.30 |
| Dec 31, 2018 | 0.30 |
| Sep 30, 2018 | 0.31 |
| Jun 30, 2018 | 0.30 |
| Mar 31, 2018 | 0.26 |
| Dec 31, 2017 | 0.23 |
| Sep 30, 2017 | 0.21 |
| Jun 30, 2017 | 0.20 |
| Mar 31, 2017 | 0.21 |
| Dec 31, 2016 | 0.16 |
| Sep 30, 2016 | 0.14 |
| Jun 30, 2016 | 0.15 |
| Mar 31, 2016 | 0.18 |
| Dec 31, 2015 | 0.22 |
| Sep 30, 2015 | 0.24 |
| Jun 30, 2015 | 0.28 |
API Access
Canadian Natural Resources Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CNQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();