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Occidental Petroleum (XTER:OPC) Research & Development : €0 Mil (TTM As of Sep. 2024)


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What is Occidental Petroleum Research & Development?

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

Occidental Petroleum Research & Development Historical Data

The historical data trend for Occidental Petroleum'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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Occidental Petroleum Research & Development Chart

Occidental Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Occidental Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Occidental Petroleum 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 €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.

Occidental Petroleum  (XTER:OPC) 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.

Occidental Petroleum Research & Development Related Terms

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Occidental Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Occidental Petroleum Corp (XTER:OPC) » Definitions » Research & Development
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HES FANG TPL EQT DVN EXE EOG CTRA MRO OVV COP HKSE:00883 TSX:CNQ ADX:NMDCENR ASX:WDS MIC:NVTK TSX:TOU FRA:USS TSE:1605 BKK:PTTEP
Traded in Other Exchanges
OXY.WS:USA OXY:USA OXY:Peru OXY1:Mexico OXY_KZ:Kazakhstan 1OXY:Italy 0KAK:UK OPC:Germany OPC:Germany OPC:Germany OXYP34:Brazil OPC:Bulgaria OXYP:Austria
Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Website
https://www.oxy.com
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.

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