PetroGas (PTCO) Asset Utilization Ratio (2017 - 2019)

PetroGas (PTCO) reported Asset Utilization Ratio of 2.88 for Q1 2019, up 6375.01% on a YoY basis from 0.04 in Q1 2018, and up 73.94% sequentially from 1.65 in Q4 2018.

PetroGas (PTCO) Asset Utilization Ratio (2017 - 2019) Analysis & Trends

PetroGas (PTCO) has 3 years of Asset Utilization Ratio data on file, last reported at 2.88 in Q1 2019.

  • For the quarter ending Q1 2019, Asset Utilization Ratio rose 6375.01% year-over-year to 2.88; the trailing twelve-month figure through Mar 2019 stood at 2.88 (up 6375.01% YoY), and the FY2019 full-year result was 0.09, up 88.74% from the prior year.
  • Asset Utilization Ratio rose to 2.88 in Q1 2019, from 1.65 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 2.88 in Q1 2019 to a low of 0.02 in Q3 2017.
  • A 3-year average of 0.74 and a median of 0.09 in 2018 frame the typical range for Asset Utilization Ratio.
  • Peak annual rise in Asset Utilization Ratio reached 6442.49% in 2018, while the deepest fall reached 2194.6% in 2018.
  • Tracing PTCO's Asset Utilization Ratio over 3 years: stood at 0.03 in 2017, then surged by 6442.49% to 1.65 in 2018, then jumped by 73.94% to 2.88 in 2019.
  • Business Quant data shows PTCO's Asset Utilization Ratio at 2.88 in Q1 2019, 1.65 in Q4 2018, and 0.49 in Q3 2018.

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 PetroGas 459,933.59 459,933.59 - -

Historic Data

Download Data
DateValue
Mar 31, 2019 2.88
Dec 31, 2018 1.65
Sep 30, 2018 0.49
Jun 30, 2018 0.09
Mar 31, 2018 0.04
Dec 31, 2017 0.03
Sep 30, 2017 0.02