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

Conocophillips (COP) recorded quarterly Asset Utilization Ratio of 0.47 in Q1 2026, down 1.41% quarter-over-quarter from 0.47 in Q4 2025, and down 4.19% on a YoY basis from 0.49 in Q1 2025.

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

Conocophillips' Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.47 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio fell 4.19% year-over-year to 0.47; the TTM figure through Mar 2026 stood at 0.47 (down 4.19% YoY), while the FY2025 annual figure was 0.48, down 7.51% from the prior year.
  • Asset Utilization Ratio was 0.47 for Q1 2026 at Conocophillips, down from 0.47 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.86 in Q4 2022 to a low of 0.43 in Q3 2024.
  • Historically, Asset Utilization Ratio has averaged 0.59 across 5 years, with a median of 0.51 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 100.72% in 2022, then tumbled 46.91% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.86 in 2022, then tumbled by 46.91% to 0.46 in 2023, then gained by 15.18% to 0.52 in 2024, then dropped by 9.65% to 0.47 in 2025, then dropped by 1.41% to 0.47 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.47 (Q1 2026), 0.47 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn 2.23
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 0.47
4 Eog Resources 72.93 Bn 69.08 Bn - 0.45
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 0.24
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 0.22
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 0.39
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 0.25
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 577.71
10 Devon Energy 27.08 Bn 27.08 Bn 3.61 Bn 0.54

Historic Data

Download Data
DateValue
Mar 31, 2026 0.47
Dec 31, 2025 0.47
Sep 30, 2025 0.51
Jun 30, 2025 0.50
Mar 31, 2025 0.49
Dec 31, 2024 0.52
Sep 30, 2024 0.43
Jun 30, 2024 0.45
Mar 31, 2024 0.44
Dec 31, 2023 0.46
Sep 30, 2023 0.67
Jun 30, 2023 0.74
Mar 31, 2023 0.82
Dec 31, 2022 0.86
Sep 30, 2022 0.82
Jun 30, 2022 0.73
Mar 31, 2022 0.61
Dec 31, 2021 0.53
Sep 30, 2021 0.44
Jun 30, 2021 0.36