MasTec Oil and Gas — Consolidated assets decreased by 6.3% to $1.58B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 17.0%, from $1.91B to $1.58B.
An increase suggests expansion of the asset base to support future revenue growth or increased capital intensity.
The total value of all resources owned or controlled by the company that are utilized to support the oil and gas segment...
Standard balance sheet metric; peers in infrastructure construction maintain large asset bases to support project delivery.
mtz_segment_oil_and_gas_consolidated_assets| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.45B | $77.00M | $1.58B | $1.58B | $1.54B | $1.57B | $1.69B | $1.91B | $1.76B | $1.76B | $1.69B | $1.58B |
| QoQ Change | — | -94.7% | >999% | -0.1% | -2.0% | +1.5% | +8.0% | +12.8% | -7.9% | +0.2% | -4.0% | -6.3% |
| YoY Change | — | — | — | — | +6.5% | >999% | +7.3% | +21.1% | +13.8% | +12.4% | -0.1% | -17.0% |