Conocophillips (COP) Asset Utilization Ratio (2009 - 2026)
Conocophillips' (COP) quarterly Asset Utilization Ratio came in at 0.47 in Q1 2026, up 3.45% year-on-year from 0.46 in Q1 2025, and down 1.4% on a QoQ basis from 0.48 in Q4 2025.
Conocophillips (COP) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Conocophillips (COP) has 18 years of Asset Utilization Ratio data on file, last reported at 0.47 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 3.45% year-over-year to 0.47 in Q1 2026; TTM through Mar 2026 was 0.47, a 3.45% increase from a year earlier, with the FY2025 full-year figure at 0.48, down 3.78% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.47, down from 0.48 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for COP reached as high as 0.82 in Q4 2022 and fell as low as 0.43 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 0.57 across 5 years, with a median of 0.48 in 2025.
- Across the five-year window, Asset Utilization Ratio surged 107.65% in 2022 and plunged 44.99% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.82 in 2022, then plunged by 44.99% to 0.45 in 2023, then grew by 8.59% to 0.49 in 2024, then fell by 2.14% to 0.48 in 2025, then dropped by 1.4% to 0.47 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.47 in Q1 2026, 0.48 in Q4 2025, and 0.48 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 0.47 |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 0.45 |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 0.22 |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.24 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 0.23 |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 0.50 |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 0.53 |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 0.50 |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 0.36 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.47 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.49 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.45 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.78 |
| Dec 31, 2022 | 0.82 |
| Sep 30, 2022 | 0.81 |
| Jun 30, 2022 | 0.72 |
| Mar 31, 2022 | 0.60 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.42 |
| Jun 30, 2021 | 0.35 |