Energy companies that spend the most on R&D

R&D expense · Fiscal year 2025

1ShellSHEL$1.2B
2TotalenergiesTTE$810M
3SLBSLB$709M
4Baker HughesBKR$600M
5ChevronCVX$427M
6HalliburtonHAL$411M
7EquinorEQNR$352M
8BPBP$274M
9EniE$234M
10Prairie OperatingPROP$153M