GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ecopetrol SA (NYSE:EC) » Definitions » Research & Development

Ecopetrol (Ecopetrol) Research & Development

: $0 Mil (TTM As of Dec. 2023)
View and export this data going back to 2008. Start your Free Trial

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

Ecopetrol Research & Development Historical Data

The historical data trend for Ecopetrol'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.

* Premium members only.

Ecopetrol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Ecopetrol 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 $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.

Ecopetrol  (NYSE:EC) 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.

Ecopetrol Research & Development Related Terms

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

Ecopetrol (Ecopetrol) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ecopetrol SA (NYSE:EC) » Definitions » Research & Development
Comparable Companies
SZSE:301377 SZSE:300615 SHSE:688665 SZSE:301132 SHSE:605066 SZSE:301106 SHSE:600183 SZSE:301107 SZSE:301389 SZSE:002660 SAU:2222 XOM CVX LSE:SHEL SHSE:601857 XPAR:TTE LSE:BP. OSL:EQNR BSP:PETR3 HKSE:00386
Traded in Other Exchanges
ECHA:Germany ECHA:Germany ECOPETROL:Columbia E1CO34:Brazil
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Website
https://www.ecopetrol.com.co
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.