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This is the expense the company spent on research and development. Cenovus Energy Inc's research and development for the three months ended in Sep. 2016 was $4 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $4 Mil.
This is the expense the company spent on research and development.
Cenovus Energy Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 0 (Dec. 2015 ) + 0 (Mar. 2016 ) + 0 (Jun. 2016 ) + 3.81446444919 (Sep. 2016 ) = $4 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Cenovus Energy Inc Annual Data
|Research & Development||0||0||0||0||0||0||0||0||0||0|
Cenovus Energy Inc Quarterly Data
|Research & Development||0||0||0||0||0||5||0||0||0||4|