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This is the expense the company spent on research and development. McMoRan Exploration Co.'s research and development for the three months ended in Mar. 2013 was $0.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2013 was $0.0 Mil.
This is the expense the company spent on research and development.
McMoRan Exploration Co. Research & Development for the trailing twelve months (TTM) ended in Mar. 2013 was 0 (Jun. 2012 ) + 0 (Sep. 2012 ) + 0 (Dec. 2012 ) + 0 (Mar. 2013 ) = $0.0 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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.
McMoRan Exploration Co. Annual Data
|Research & Development||0.0||0.0||0.0||0.0||0.0||73.7||0.0||0.0||0.0||0.0|
McMoRan Exploration Co. Quarterly Data
|Research & Development||0.0||0.0||0.0||0.0||0.0||0.0||0.0||0.0||0.0||0.0|