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Suncor Energy (TSX:SU) Research & Development : C$0 Mil (TTM As of Dec. 2023)


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What is Suncor Energy Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Suncor Energy's Research & Development for the three months ended in Dec. 2023 was C$0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0 Mil.

Suncor Energy Research & Development Historical Data

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

Suncor Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Suncor 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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Suncor 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 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.

Suncor Energy  (TSX:SU) 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.

Suncor Energy Research & Development Related Terms

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Suncor Energy (TSX:SU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Suncor Energy Inc (TSX:SU) » Definitions » Research & Development
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Traded in Other Exchanges
SU:USA SUU:Mexico SM3:Germany SM3:Germany
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Website
https://www.suncor.com
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.