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Northern Drilling (OSL:NODL) Research & Development : kr0.00 Mil (TTM As of Jun. 2023)


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What is Northern Drilling Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Northern Drilling's Research & Development for the six months ended in Jun. 2023 was kr0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was kr0.00 Mil.

Northern Drilling Research & Development Historical Data

The historical data trend for Northern Drilling'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.

Northern Drilling Research & Development Chart

Northern Drilling Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
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Northern Drilling Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Northern Drilling 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 kr0.00 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.

Northern Drilling  (OSL:NODL) 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.

Northern Drilling Research & Development Related Terms

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Northern Drilling (OSL:NODL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Drilling Ltd (OSL:NODL) » Definitions » Research & Development
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Traded in Other Exchanges
NODLo:Sweden
Address
14 Par La Ville Road, Par La Ville Place, Hamilton, BMU, HM08
Website
https://www.northerndrillingltd.com
Northern Drilling Ltd is an international drilling contractor for the oil and gas industry, with the ambition of acquiring and operating modern drilling assets, and is expected to be primarily engaged in offshore contract drilling in ultra-deepwater environments. West Aquila and West Libra are some of its major sophisticated high-end drilling units.

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