CNX Resources (CNX) Asset Utilization Ratio (2009 - 2026)
CNX Resources' Asset Utilization Ratio was 0.28 in Q2 2026, up 59.8% from 0.18 a year earlier but down 11.9% from the prior quarter.
Analysis
CNX Resources (CNX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at CNX Resources came in at 0.25, up 72.1% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.15 in FY2024 (-63.1%), 0.40 in FY2023 (+164.0%), 0.15 in FY2022 (+61.9%) and 0.09 in FY2021 (-36.3%).
- Quarterly Asset Utilization Ratio has moved between 0.11 (Q1 2025) and 0.40 (Q4 2023) over five years.
- Compared with a year earlier, Asset Utilization Ratio has increased for three straight quarters, with growth averaging 14.3% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2026 (growth of 194.0%); the worst was Q4 2024 (a decline of 63.0%).
- Per Business Quant data, CNX's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.32 (Q1 2026), 0.25 (Q4 2025) and 0.20 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 0.79 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 0.53 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 0.57 |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 83.27 |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 0.60 |
| 10 | CNX Resources | 4.65 Bn | 4.63 Bn | 512.51 Mn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.11 |
| Dec 31, 2024 | 0.15 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.39 |
| Jun 30, 2023 | 0.37 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.19 |
| Jun 30, 2022 | 0.29 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.26 |
API Access
CNX 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=CNX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CNX", "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=CNX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();