GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Research & Development

Saipem SpA (Saipem SpA) Research & Development : $7 Mil (TTM As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Saipem SpA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Saipem SpA's Research & Development for the three months ended in Sep. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $7 Mil.

Saipem SpA Research & Development Historical Data

The historical data trend for Saipem SpA'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.

Saipem SpA Research & Development Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 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 - - - - 6.52

Saipem SpA Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 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.

Saipem SpA  (OTCPK:SAPMY) 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.

Saipem SpA Research & Development Related Terms

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

Saipem SpA (Saipem SpA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Research & Development
Comparable Companies
MIL:TEN SLB HAL BKR FTI WFRD SHSE:601808 NOV CHX SHSE:600968 ASX:WOR XPAR:GTT VAL TDW OSL:SUBC SZSE:002353 XPAR:TE SHSE:600583 LBRT WHD
Traded in Other Exchanges
SAPMF:USA SPM:Italy 0RPI:UK SPEA:Germany SPEA:Germany
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Website
https://www.saipem.com
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (Saipem SpA) Headlines

From GuruFocus

Saipem Rises on New Contracts

By Alberto Abaterusso Alberto Abaterusso • 08-21-2018

Cobas Asset Management Comments on Saipem

By Holly LaFon Holly LaFon • 06-03-2019

Cobas Portfolios 1st Quarter Commentary

By Holly LaFon Holly LaFon • 06-03-2019