Conocophillips COP
NYSE COP
$136.60 +1.56 (+1.16%)
As of: Sep 9, 2026 · 3:59 PM EDT

Conocophillips (COP) Asset Utilization Ratio (2009 - 2026)

Conocophillips' (COP) quarterly Asset Utilization Ratio came in at 0.53 in Q2 2026, up 8.42% year-over-year from 0.49 in Q2 2025, and up 6.89% quarter-over-quarter from 0.49 in Q1 2026.

Analysis

Conocophillips (COP) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Conocophillips (COP) has reported Asset Utilization Ratio for 18 consecutive years, with 0.53 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 8.42% year-over-year to 0.53 in Q2 2026; TTM through Jun 2026 was 0.53, a 8.42% increase from a year earlier, with the FY2025 full-year figure at 0.5, down 3.42% from the prior year.
  • Asset Utilization Ratio was 0.53 for Q2 2026 at Conocophillips, up from 0.49 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.87 in Q4 2022 and troughed at 0.44 in Q3 2024.
  • A 5-year average of 0.59 and a median of 0.51 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio jumped 100.09% in 2022 and plunged 47.11% in 2024, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.87 in 2022, then slumped by 46.9% to 0.46 in 2023, then rose by 12.21% to 0.52 in 2024, then decreased by 2.96% to 0.5 in 2025, then grew by 4.96% to 0.53 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.53 (Q2 2026), 0.49 (Q1 2026), and 0.5 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn 0.53
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn -
3 Eog Resources 76.13 Bn 71.22 Bn - 0.50
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn 0.24
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn 0.39
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn 0.47
7 Permian Resources 19.56 Bn 19.30 Bn - 0.31
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn 0.47
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn 0.48
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn 0.40
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.53
Mar 31, 2026 0.49
Dec 31, 2025 0.50
Sep 30, 2025 0.51
Jun 30, 2025 0.49
Mar 31, 2025 0.48
Dec 31, 2024 0.52
Sep 30, 2024 0.44
Jun 30, 2024 0.46
Mar 31, 2024 0.45
Dec 31, 2023 0.46
Sep 30, 2023 0.68
Jun 30, 2023 0.77
Mar 31, 2023 0.85
Dec 31, 2022 0.87
Sep 30, 2022 0.84
Jun 30, 2022 0.74
Mar 31, 2022 0.62
Dec 31, 2021 0.54
Sep 30, 2021 0.44