MKSEF (Marksmen Energy) Research & Development : $0.00 Mil (TTM As of Sep. 2024)

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What is Marksmen Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Marksmen Energy's Research & Development for the three months ended in Sep. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 Mil.

Marksmen Energy Research & Development Historical Data

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

Marksmen Energy Annual Data

Trend

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Research & Development

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Marksmen Energy Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Marksmen 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Marksmen Energy (OTCPK:MKSEF) 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.

Marksmen Energy Research & Development Related Terms

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Marksmen Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marksmen Energy Inc (OTCPK:MKSEF) » Definitions » Research & Development

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MAH:Canada

Address

400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 4H2

Website

https://marksmenenergy.com

Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. Its projects include the Davis Holbrook property, Walker Sheets and Gibson remnant property, and others. The company's revenue is derived entirely from the sale of oil and natural gas. Geographically, it has a business presence in the United States which is its key revenue-generating market, and Canada.