GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Anton Oilfield Services Group (OTCPK:ATONF) » Definitions » Research & Development

Anton Oilfield Services Group (Anton Oilfield Services Group) Research & Development : $15.6 Mil (TTM As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Anton Oilfield Services Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Anton Oilfield Services Group's Research & Development for the six months ended in Dec. 2023 was $9.6 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $15.6 Mil.


Anton Oilfield Services Group Research & Development Historical Data

The historical data trend for Anton Oilfield Services Group'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.

Anton Oilfield Services Group Research & Development Chart

Anton Oilfield Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.37 8.61 11.11 11.52 15.64

Anton Oilfield Services Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.99 5.49 6.25 6.04 9.58

Anton Oilfield Services Group 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 semi-annually data reported by the company within the most recent 12 months, which was $15.6 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.


Anton Oilfield Services Group  (OTCPK:ATONF) 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.


Anton Oilfield Services Group Research & Development Related Terms

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


Anton Oilfield Services Group (Anton Oilfield Services Group) Business Description

Traded in Other Exchanges
Address
No. 8, Pingcui West Road, Donghuqu, Chaoyang District, Beijing, CHN, 100102
Anton Oilfield Services Group is an investment holding company principally engaged in the provision of integrated oil and gas field development technical services. The Company operates its business through three segments. The Drilling Technology segment is engaged in the provision of engineering technical services and products to solve problems encountered in directional drilling, drilling assessment and enhanced reservoir contact and integrated drilling. The Well Completion segment is engaged in integrated well completion and stimulation services from integrated solutions for well completion, production, equipment, tools, and materials. The Oil Production Services segment is engaged in enabling economic recovery based on reservoir geological conditions.

Anton Oilfield Services Group (Anton Oilfield Services Group) Headlines

No Headlines