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Empire Petroleum (STU:6W8) Research & Development : €0.00 Mil (TTM As of Sep. 2024)


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What is Empire Petroleum Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Empire Petroleum'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.

Empire Petroleum Research & Development Historical Data

The historical data trend for Empire Petroleum'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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Empire Petroleum Research & Development Chart

Empire Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Empire Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Empire Petroleum 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.

* 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.

Empire Petroleum  (STU:6W8) 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.

Empire Petroleum Research & Development Related Terms

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Empire Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empire Petroleum Corp (STU:6W8) » Definitions » Research & Development
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Traded in Other Exchanges
EP:USA
Address
2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114
Website
http://www.empirepetroleumcorp.com
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.

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