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Canacol Energy (TSX:CNE) Research & Development : C$0.0 Mil (TTM As of Dec. 2023)


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What is Canacol Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Canacol Energy's Research & Development for the three months ended in Dec. 2023 was C$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.0 Mil.

Canacol Energy Research & Development Historical Data

The historical data trend for Canacol 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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Canacol Energy Research & Development Chart

Canacol Energy Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Canacol Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Canacol 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 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.

Canacol Energy  (TSX:CNE) 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.

Canacol Energy Research & Development Related Terms

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Canacol Energy (TSX:CNE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canacol Energy Ltd (TSX:CNE) » Definitions » Research & Development
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Traded in Other Exchanges
CNNEF:USA 3B6:Germany CNEC:Columbia
Address
215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3
Website
https://www.canacolenergy.com
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.

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