Company: ACTG
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000934549-25-000054
Chunk: 83

Company: ACACIA RESEARCH CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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3)%16,007 11,315 4,692 41 %Natural gas liquids (Bbl/day)1,669 1,871 (202)(11)%1,805 1,306 499 38 %Total (boe/day)5,407 5,875 (468)(8)%5,681 4,053 1,628 40 %Revenues:Oil sales$6,614 $8,997 $(2,383)(26)%$21,480 $17,740 $3,740 21 %Natural gas sales3,738 2,829 909 32 %13,112 5,550 7,562 136 %Natural gas liquids sales3,207 3,837 (630)(16)%11,779 8,390 3,389 40 %Other service sales617 154 463 — 1,428 163 1,265 — Total$14,176 $15,817 $(1,641)(10)%$47,799 $31,843 15,956 50 %Average Price:Oil (per Bbl)$63.86 $74.20 $(10.34)(14)%$65.15 $75.21 $(10.06)(13)%Natural gas (per Mcf)$2.59 $1.91 $0.68 36 %$3.00 $1.79 $1.21 68 %Natural gas liquids (per Bbl)$20.89 $22.29 $(1.39)(6)%$23.90 $23.45 $0.45 2 %

Refer to Note 2 to the consolidated financial statements elsewhere herein for additional information regarding Benchmark’s revenue arrangements and related concentrations.

Cost of Production

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,20252024$ Change% Change20252024$ Change% Change(In thousands, except percentage change values)Cost of production - energy operations$11,880 $11,729 $151 1%$36,887 $23,082 $13,805 60%

Cost of production for the Energy Operations were relatively flat for the three months ended September 30, 2025 compared to the same period in 2024.  The nine month increase is