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Reconnaissance Energy Africa (HAM:0XD) Research & Development : €0.08 Mil (TTM As of Dec. 2023)


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What is Reconnaissance Energy Africa Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Reconnaissance Energy Africa's Research & Development for the three months ended in Dec. 2023 was €0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €0.08 Mil.

Reconnaissance Energy Africa Research & Development Historical Data

The historical data trend for Reconnaissance Energy Africa'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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Reconnaissance Energy Africa Research & Development Chart

Reconnaissance Energy Africa Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Reconnaissance Energy Africa Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 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 - - 0.05 0.03 -

Reconnaissance Energy Africa 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 €0.08 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.

Reconnaissance Energy Africa  (HAM:0XD) 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.

Reconnaissance Energy Africa Research & Development Related Terms

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Reconnaissance Energy Africa (HAM:0XD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reconnaissance Energy Africa Ltd (HAM:0XD) » Definitions » Research & Development
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Traded in Other Exchanges
RECAF:USA 0XD:Germany RECO:Canada
Address
Bentall, PO Box 48326, Vancouver, BC, CAN, V7X 1A1
Website
https://www.reconafrica.com
Reconnaissance Energy Africa Ltd is a junior oil and gas company engaged in the exploration and development of oil and gas in Namibia and Botswana. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; the oil and gas operations in Mexico; and the corporate segment. The Mexico segment derives its revenues solely from the production and sale of oil and natural gas from one customer.

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