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NorAm Drilling AS (STU:TM9) Research & Development : €0.00 Mil (TTM As of Dec. 2024)


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What is NorAm Drilling AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. NorAm Drilling AS's Research & Development for the three months ended in Dec. 2024 was €0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was €0.00 Mil.

NorAm Drilling AS Research & Development Historical Data

The historical data trend for NorAm Drilling AS'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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NorAm Drilling AS Research & Development Chart

NorAm Drilling AS Annual Data
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Research & Development
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NorAm Drilling AS Quarterly Data
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NorAm Drilling AS 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. 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.

NorAm Drilling AS  (STU:TM9) 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.

NorAm Drilling AS Research & Development Related Terms

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NorAm Drilling AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NorAm Drilling AS (STU:TM9) » Definitions » Research & Development
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Traded in Other Exchanges
NORAM:Norway TM9:Germany
Address
Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
Website
https://www.noramdrilling.com
NorAm Drilling AS owns and operates a quality rig portfolio of AC driven rigs tailored for the drilling of horizontal wells in the United States land drilling market. NorAm Drilling Company operates all eleven rigs and is financed through a combination of equity investments and intercompany loans, at arm's length terms, from its parent.

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