Obsidian Energy (OBE) Research & Development (2010 - 2016)
Obsidian Energy (OBE) posted quarterly Research & Development of $5.4 million for Q3 2016, up 250.66% year-on-year from $1.5 million in Q4 2015, and up 15.35% on a QoQ basis from $4.7 million in Q2 2016.
Obsidian Energy (OBE) Research & Development (2010 - 2016) Analysis & Trends
Obsidian Energy (OBE) has reported Research & Development for 6 consecutive years, with $5.4 million the latest figure, recorded in Q3 2016.
- Quarterly Research & Development rose 250.66% year-over-year to $5.4 million in Q3 2016, while the trailing twelve-month figure through Sep 2016 was $204.1 million (up 1160.4% YoY) and the FY2016 annual result came in at $182.8 million, down 5.83% from the prior year.
- Research & Development grew to $5.4 million in Q3 2016 per OBE's latest filing, from $4.7 million in the prior quarter.
- Over the last five years, Research & Development for OBE reached as high as $192.6 million in Q4 2015 and fell as low as $998692.3 in Q1 2012.
- A 4-year average of $29.5 million and a median of $5.0 million in 2016 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2012 — Research & Development sank 75.38% — and 2016, when it surged 250.66%.
- Year by year, Research & Development stood at $15.1 million in 2012, then fell by 3.13% to $14.7 million in 2014, then soared by 1213.22% to $192.6 million in 2015, then sank by 97.21% to $5.4 million in 2016.
- According to Business Quant data, Research & Development over the past three periods registered $5.4 million, $4.7 million, and $192.6 million for Q3 2016, Q2 2016, and Q4 2015 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 109.00 Mn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | - |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | - |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 25.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 14.00 Mn |
| 10 | Obsidian Energy | 666.94 Mn | 665.85 Mn | 145,841.14 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2016 | 5.37 Mn |
| Jun 30, 2016 | 4.66 Mn |
| Dec 31, 2015 | 192.58 Mn |
| Sep 30, 2015 | 1.53 Mn |
| Jun 30, 2014 | 14.66 Mn |
| Dec 31, 2012 | 15.14 Mn |
| Sep 30, 2012 | 1.00 Mn |
| Mar 31, 2012 | 998,692.32 |
| Dec 31, 2011 | 9.77 Mn |
| Sep 30, 2011 | 1.02 Mn |
| Mar 31, 2011 | 4.06 Mn |
| Jun 30, 2010 | 973,122.17 |