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Black Mountain Energy (ASX:BME) Research & Development : A$0.00 Mil (TTM As of Jun. 2023)


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What is Black Mountain Energy Research & Development?

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

Black Mountain Energy Research & Development Historical Data

The historical data trend for Black Mountain 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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Black Mountain Energy Research & Development Chart

Black Mountain Energy Annual Data
Trend Dec22
Research & Development
-

Black Mountain Energy Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Research & Development - - - -

Black Mountain 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$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.

Black Mountain Energy  (ASX:BME) 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.

Black Mountain Energy Research & Development Related Terms

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Black Mountain Energy (ASX:BME) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Black Mountain Energy Ltd (ASX:BME) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
225 St Georges Terrace, Level 14, Perth, WA, AUS, 6000
Website
https://www.blackmountainenergy.com
Black Mountain Energy Ltd is an energy and resources company focused on identifying, developing, and operating projects in hydrocarbon-rich basins. It is involved in the acquisition and development of natural resource projects and exploration for, and production of oil and gas. The firm is involved in the Valhalla Project located in the north of Perth.