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Petrel Resources (LSE:PET) Research & Development : £0.00 Mil (TTM As of Jun. 2023)


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What is Petrel Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Petrel Resources's Research & Development for the six months ended in Jun. 2023 was £0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was £0.00 Mil.

Petrel Resources Research & Development Historical Data

The historical data trend for Petrel Resources'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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Petrel Resources Research & Development Chart

Petrel Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
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Petrel Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Petrel Resources Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £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.

Petrel Resources  (LSE:PET) 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.

Petrel Resources Research & Development Related Terms

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Petrel Resources (LSE:PET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrel Resources PLC (LSE:PET) » Definitions » Research & Development
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Traded in Other Exchanges
PET.GB:UK PQ4:Germany
Address
162 Clontarf Road, Dublin, IRL, 3
Website
https://www.petrelresources.com
Petrel Resources PLC is an oil exploration company. The company has a class of business: Oil Exploration and Development. It has operations in Iraq, Africa, and Ireland. It has frontier exploration licenses (FELs), which include FEL 3/14, and FEL 11/18.