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Obsidian Energy (TSX:OBE) Research & Development : C$0.0 Mil (TTM As of Mar. 2024)


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What is Obsidian Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Obsidian Energy's Research & Development for the three months ended in Mar. 2024 was C$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.0 Mil.

Obsidian Energy Research & Development Historical Data

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

Obsidian Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Obsidian Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Obsidian 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 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.

Obsidian Energy  (TSX:OBE) 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.

Obsidian Energy Research & Development Related Terms

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Obsidian Energy (TSX:OBE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Obsidian Energy Ltd (TSX:OBE) » Definitions » Research & Development
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Traded in Other Exchanges
OBE:USA P13A:Germany
Address
207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Website
https://www.obsidianenergy.com
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.