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Acacia Resh Corp - ACTG STOCK NEWS

Welcome to our dedicated page for Acacia Resh news (Ticker: ACTG), a resource for investors and traders seeking the latest updates and insights on Acacia Resh stock.

Acacia Research Corp (ACTG) delivers strategic value through patent licensing expertise and technology-driven acquisitions. This news hub provides investors and professionals with essential updates on intellectual property developments, operational milestones, and financial performance.

Access timely press releases covering patent portfolio monetization, industrial sector acquisitions, and partnership announcements. Our curated news collection enables users to track ACTG's progress in transforming underutilized assets into revenue-generating opportunities across multiple industries.

Key content categories include earnings reports, licensing agreements, strategic investments, and management updates. Each update is selected for its relevance to understanding the company's dual focus on IP commercialization and diversified business operations.

Bookmark this page for direct access to verified information about ACTG's activities in technology commercialization and value-driven acquisitions. Regularly updated to reflect the company's latest moves in patent licensing markets and operational expansions.

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Acacia Research (Nasdaq: ACTG) announced the completion of Benchmark Energy II, 's acquisition of upstream assets in Texas and Oklahoma. The acquisition includes 470 operated producing wells in the Western Anadarko Basin, adding diversification to Benchmark's production. Key highlights include expanded operated positions, mature production base, and significant field enhancement opportunities. The transaction was funded through cash and debt financing, with Acacia's share of the consideration at approximately $59.9 million.
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Acacia Research Corporation (Nasdaq: ACTG) reported strong Q4 financial results with $92.3 million in revenue, driven by $82.8 million from intellectual property operations. The company acquired oil and gas assets, increasing book value per share to $5.90. Acacia's strategic acquisitions and IP initiatives are poised to generate future cash flows and shareholder value.
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Acacia Research Corporation (ACTG) to report Q4 and full-year 2023 financial results on March 14, 2024. Conference call scheduled for further discussion.
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Acacia Research Corporation (Nasdaq: ACTG) announces the acquisition of upstream assets in Texas and Oklahoma, expanding Benchmark Energy II, LLC's portfolio with over 470 operated producing wells across 140,000 net acres. The Acquisition is expected to generate annualized asset-level cash flows of approximately $45 million, enhancing Benchmark's position in the Western Anadarko Basin and the emerging Cherokee play.
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Acacia Research Corporation (ACTG) appoints Martin D. McNulty, Jr. as permanent CEO, expands Board of Directors, and expresses confidence in his leadership abilities.
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Acacia Research Corporation (Nasdaq: ACTG) has announced an agreement related to its intellectual property business. The subsidiary, Atlas Global Technologies LLC, entered into licensing and settlement agreements for its WiFi-6 patent portfolio, with aggregate payments totaling more than $81 million. The details of the agreements, including parties and payment amounts, are confidential. The amount received by AGT will be net of legal fees and other expenses.
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Acacia Research Corporation (Nasdaq: ACTG) has acquired a majority interest in Benchmark Energy II, LLC, an independent oil and gas company focused on acquiring, producing, and developing oil and gas assets in Texas and Oklahoma. The company aims to utilize its capital base to acquire predictable and shallow decline, cash-flowing oil and gas properties and enhance their value through a disciplined, field optimization strategy.
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Acacia Research Corporation (ACTG) reported financial results for Q3 2023, including $10.1 million in consolidated revenue, $12.2 million of net realized and unrealized gains, and a stock repurchase program authorizing the purchase of up to $20 million of common stock. The company acquired a majority stake in Benchmark Energy II LLC and plans to support future growth through acquisitions of oil and gas assets. The PR also highlights financial figures and key business highlights.
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Acacia Research Corporation (NASDAQ: ACTG) will release its Q3 2023 financial results on November 13, 2023, after the market closes. The company will host a conference call at 4:30 p.m. ET/1:30 p.m. PT to discuss the results. The live call can be accessed by dialing 877-545-0320 (U.S. and Canada) or 973-528-0002 (international) with conference ID 964870. The webcast will be available on the company's website and a replay will be available for at least 30 days.
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Acacia Resh Corp

Nasdaq:ACTG

ACTG Rankings

ACTG Stock Data

277.69M
94.92M
1.79%
88.43%
1.33%
Business Equipment & Supplies
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