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Shoal Point Energy (XCNQ:SHP) Research & Development : C$0.00 Mil (TTM As of Oct. 2023)


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What is Shoal Point Energy Research & Development?

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

Shoal Point Energy Research & Development Historical Data

The historical data trend for Shoal Point 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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Shoal Point Energy Research & Development Chart

Shoal Point Energy Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Research & Development
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Shoal Point Energy Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Shoal Point 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 Oct. 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.

Shoal Point Energy  (XCNQ:SHP) 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.

Shoal Point Energy Research & Development Related Terms

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Shoal Point Energy (XCNQ:SHP) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shoal Point Energy Ltd (XCNQ:SHP) » Definitions » Research & Development
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SHPNF:USA
Address
700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Website
https://www.shoalpointenergy.com
Shoal Point Energy Ltd is a petroleum exploration and development company. It is in the exploration stage of exploring its oil and natural gas properties. It entered into a farm-in agreement with Shelby Resources LLC to explore and develop Mount Evans oil and gas prospects in Kansas.

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