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Ovintiv (FRA:47Q) Research & Development : €0 Mil (TTM As of Mar. 2024)


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What is Ovintiv Research & Development?

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

Ovintiv Research & Development Historical Data

The historical data trend for Ovintiv'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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Ovintiv Research & Development Chart

Ovintiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Ovintiv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ovintiv Research & Development Calculation

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

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

Ovintiv  (FRA:47Q) 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.

Ovintiv Research & Development Related Terms

Thank you for viewing the detailed overview of Ovintiv's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Ovintiv (FRA:47Q) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (FRA:47Q) » Definitions » Research & Development
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Traded in Other Exchanges
OVV:USA 47Q:Germany OVV:Canada
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Website
https://www.ovintiv.com
Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.

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