GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (TSX:ESI) » Definitions » Research & Development

Ensign Energy Services (TSX:ESI) Research & Development : C$0 Mil (TTM As of Sep. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ensign Energy Services Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ensign Energy Services's Research & Development for the three months ended in Sep. 2024 was C$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was C$0 Mil.

Ensign Energy Services Research & Development Historical Data

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Research & Development Chart

Ensign Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ensign Energy Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ensign Energy Services 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 C$0 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.

Ensign Energy Services  (TSX:ESI) 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.

Ensign Energy Services Research & Development Related Terms

Thank you for viewing the detailed overview of Ensign Energy Services's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Ensign Energy Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (TSX:ESI) » Definitions » Research & Development
Comparable Companies
TSX:PHX TSX:ACX TSX:WRG TSX:AKT.A TSXV:SDI TSXV:WGT TSX:PD ADX:ADNOCDRILL NE SAU:2382 SHSE:600871 RIG HP PTEN SDRL SAU:2381 SOC OSL:ODL OSL:BORR OSL:PLSV
Traded in Other Exchanges
ESVIF:USA ENB:Germany
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Website
https://www.ensignenergy.com
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
Executives
Michael Gray Senior Officer
Brent John Conway Senior Officer
Robert Harold Geddes Senior Officer
Fairfax Financial Holdings Limited 10% Security Holder
Jr. Cary A. Moomjian Director
Barth Edward Whitham Director
James Brian Howe Director
Norman Murray Edwards 10% Security Holder, Director, Senior Officer
Gary William Casswell Director
Thomas Joseph Connors Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Rudy Nuss Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)