PJSC Lukoil (PJSC Lukoil) Research & Development : $0 Mil (TTM As of Sep. 2023)

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What is PJSC Lukoil Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. PJSC Lukoil's Research & Development for the three months ended in Sep. 2023 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $0 Mil.

PJSC Lukoil Research & Development Historical Data

The historical data trend for PJSC Lukoil'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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PJSC Lukoil Research & Development Chart

PJSC Lukoil Annual Data

Trend

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Research & Development

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PJSC Lukoil Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

PJSC Lukoil Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

PJSC Lukoil (OTCPK:LUKOY) 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.

PJSC Lukoil Research & Development Related Terms

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PJSC Lukoil (PJSC Lukoil) Business Description

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LKOH:Russia

Address

11, Sretensky Boulevard, Moscow, RUS, 101000

Website

https://www.lukoil.com

PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.