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Marksmen Energy (TSXV:MAH) Research & Development : C$0.00 Mil (TTM As of Dec. 2023)


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What is Marksmen Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Marksmen Energy's Research & Development for the three months ended in Dec. 2023 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.00 Mil.

Marksmen Energy Research & Development Historical Data

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

Marksmen Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Marksmen Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Marksmen 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.

Marksmen Energy  (TSXV:MAH) 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.

Marksmen Energy Research & Development Related Terms

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Marksmen Energy (TSXV:MAH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marksmen Energy Inc (TSXV:MAH) » Definitions » Research & Development
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Traded in Other Exchanges
MKSEF:USA
Address
400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 2Z1
Website
https://marksmenenergy.com
Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. The company's revenue is derived entirely through the sale of crude oil. Geographically, the group has a business presence in the United States and Canada.
Executives
Archibald Jonathon Nesbitt Director

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