Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020)
Canadian Natural Resources (CNQ) posted Asset Utilization Ratio of 0.29 for Q1 2020, down 1.13% sequentially from 0.29 in Q4 2019, and down 0.64% YoY from 0.29 in Q2 2019.
Canadian Natural Resources (CNQ) Asset Utilization Ratio (2009 - 2020) Analysis & Trends
Canadian Natural Resources has reported Asset Utilization Ratio for 12 years, with the latest figure at 0.29 in Q1 2020.
- Quarterly Asset Utilization Ratio fell 0.64% year-over-year to 0.29 in Q1 2020, while the trailing twelve-month figure through Mar 2020 was 0.29 (down 0.64% YoY) and the FY2025 annual result came in at 0.49, down 3.41% from the prior year.
- Asset Utilization Ratio retreated to 0.29 in Q1 2020 per CNQ's latest filing, from 0.29 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.31 in Q3 2018 and troughed at 0.22 in Q3 2016.
- A 5-year average of 0.26 and a median of 0.27 in 2017 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2016 and 2018: Asset Utilization Ratio sank 32.79% in 2016, then soared 40.75% in 2018.
- Over 5 years, Asset Utilization Ratio stood at 0.24 in 2016, then retreated by 6.87% to 0.22 in 2017, then jumped by 34.3% to 0.29 in 2018, then decreased by 1.45% to 0.29 in 2019, then slipped by 1.13% to 0.29 in 2020.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.29, 0.29, and 0.26 for Q1 2020, Q4 2019, and Q3 2019 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.02 Bn | 156.33 Bn | 12.81 Bn | 0.53 |
| 2 | Canadian Natural Resources | 106.64 Bn | 104.75 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.34 Bn | 75.43 Bn | - | 0.50 |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 0.24 |
| 5 | Woodside Energy | 46.13 Bn | 40.19 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.13 Bn | 45.12 Bn | 6.02 Bn | 0.39 |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 0.27 |
| 8 | Eqt | 33.76 Bn | 33.65 Bn | 1.42 Bn | 0.23 |
| 9 | Texas Pacific Land | 26.55 Bn | 26.30 Bn | - | 0.50 |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn | 0.47 |
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 | 0.27 |
| Dec 31, 2016 | 0.24 |
| Sep 30, 2016 | 0.22 |
| Jun 30, 2016 | 0.22 |
| Mar 31, 2016 | 0.25 |
| Dec 31, 2015 | 0.26 |
| Sep 30, 2015 | 0.25 |
| Jun 30, 2015 | 0.30 |