Primeenergy Resources (PNRG) Asset Utilization Ratio (2011 - 2026)
Primeenergy Resources' (PNRG) Asset Utilization Ratio came in at 0.56 for Q2 2026, down 13.8% from 0.65 a year earlier but up 1.6% from the prior quarter.
Primeenergy Resources (PNRG) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Primeenergy Resources' Asset Utilization Ratio stood at 0.58, down 24.8% from FY2024.
- In prior years, Primeenergy Resources' Asset Utilization Ratio was 0.78 in FY2024 (+56.4%), 0.50 in FY2023 (-27.7%), 0.69 in FY2022 (+94.7%) and 0.35 in FY2021 (+29.6%).
- Quarterly Asset Utilization Ratio has run from a low of 0.28 in Q3 2021 to a high of 0.74 in Q1 2025 over five years.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last four quarters, with growth averaging 6.5% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q3 2022, with growth of 127.1%; the weakest was Q4 2023, with a decline of 28.3%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.55 (Q1 2026), 0.58 (Q4 2025) and 0.59 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - | 0.79 |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn | 0.79 |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn | 0.65 |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - | 0.53 |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - | 0.57 |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn | 0.53 |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - | 83.27 |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn | 1.89 |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - | - |
| 10 | Primeenergy Resources | 319.65 Mn | 260.44 Mn | 41.07 Mn | 0.56 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.58 |
| Sep 30, 2025 | 0.59 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.61 |
| Jun 30, 2023 | 0.64 |
| Mar 31, 2023 | 0.63 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.28 |
Primeenergy 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=PNRG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PNRG", "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=PNRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();