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Boomerang Oil (XCNQ:BOI) Research & Development : C$0.00 Mil (TTM As of Jun. 2015)


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What is Boomerang Oil Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Boomerang Oil's Research & Development for the three months ended in Jun. 2015 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was C$0.00 Mil.


Boomerang Oil Research & Development Historical Data

The historical data trend for Boomerang Oil'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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Boomerang Oil Research & Development Chart

Boomerang Oil Annual Data
Trend Sep12 Sep13 Sep14
Research & Development
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Boomerang Oil Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 - - - - -

Boomerang Oil Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 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.


Boomerang Oil  (XCNQ:BOI) 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.


Boomerang Oil Research & Development Related Terms

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Boomerang Oil (XCNQ:BOI) Business Description

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Boomerang Oil Inc is an independent oil and gas company engaged in the exploration, development, and exploitation of crude oil and natural gas properties in the United States. Its properties are located in Permian Basin and Crawar Field in Texas.

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