Odfjell Drilling (OSL:ODL) Research & Development : kr0 Mil (TTM As of Mar. 2024)

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What is Odfjell Drilling Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Odfjell Drilling's Research & Development for the three months ended in Mar. 2024 was kr0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was kr0 Mil.

Odfjell Drilling Research & Development Historical Data

The historical data trend for Odfjell Drilling'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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Odfjell Drilling Research & Development Chart

Odfjell Drilling Annual Data

Trend

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Research & Development

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Odfjell Drilling Quarterly Data
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Odfjell Drilling 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 kr0 Mil.

Odfjell Drilling (OSL:ODL) 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.

Odfjell Drilling Research & Development Related Terms

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Odfjell Drilling (OSL:ODL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (OSL:ODL) » Definitions » Research & Development

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ODFJF:USA ODLO:Sweden 0QHX:UK OD3:Germany

Address

Crawpeel Road, Bergen House, Altens, Aberdeen, GBR, AB12 3LG

Website

https://www.odfjelldrilling.com

Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operates mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet and Corporate / other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations and client relations, preparations for operation and mobilisation. Majority of revenue is generated from Own Fleet segment. Geographically, It operates in Norway.

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