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Terrace Energy (TSXV:TZR.H) Research & Development : C$0.00 Mil (TTM As of Oct. 2023)


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What is Terrace Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Terrace Energy's Research & Development for the three months ended in Oct. 2023 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Oct. 2023 was C$0.00 Mil.

Terrace Energy Research & Development Historical Data

The historical data trend for Terrace Energy'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.

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Terrace Energy Research & Development Chart

Terrace Energy Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Research & Development
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Terrace Energy Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Terrace Energy Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.

Terrace Energy  (TSXV:TZR.H) 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.

Terrace Energy Research & Development Related Terms

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Terrace Energy (TSXV:TZR.H) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Terrace Energy Corp (TSXV:TZR.H) » Definitions » Research & Development
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Traded in Other Exchanges
TCRRF:USA
Address
1424 Commercial Drive, PO Box 21546, Vancouver, BC, CAN, V5L 5G2
Website
https://www.terraceenergy.net
Terrace Energy Corp is an oil and gas company. It is engaged in acquiring, exploring, and developing unconventional onshore oil and gas properties in the United States. The group holds an interest in the Maverick County Project.

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