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PRIO (PTRRY) Research & Development : $5 Mil (TTM As of Mar. 2024)


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What is PRIO Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. PRIO's Research & Development for the three months ended in Mar. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $5 Mil.

PRIO Research & Development Historical Data

The historical data trend for PRIO's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PRIO Research & Development Chart

PRIO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.09 1.82 2.83 4.97

PRIO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.23 0.26 4.49 0.09

PRIO Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PRIO  (OTCPK:PTRRY) Research & Development Explanation

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.

PRIO Research & Development Related Terms

Thank you for viewing the detailed overview of PRIO's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

PRIO (PTRRY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PRIO SA (OTCPK:PTRRY) » Definitions » Research & Development
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Traded in Other Exchanges
PRIO3:Brazil
Address
Praia de Botafogo, 370, 13th Floor, Botafogo, Rio de Janeiro, RJ, BRA
Website
https://www.prio3.com.br
PRIO SA is engaged in the exploration and production of oil and gas in Brazil and abroad. The company is engaged in oil and gas exploration and production in Brazil and overseas. Its exploration assets comprise Hammer shark field, Octopus field, Campo de Frade, East Albacora field, and Wahoo block.

PRIO (PTRRY) Headlines

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