
STR Stock Forecast & Price Target
STR Analyst Ratings
Bulls say
Sitio Royalties Corp reported a 14% year-over-year increase in oil production, reaching 19.4 MBopd in 4Q24, which was 2% above consensus estimates. Additionally, total production rose 6% quarter-over-quarter and year-over-year to 40.9 MBoed, exceeding consensus by 6%. The company also experienced a 9% increase in its revolving credit facility's borrowing base, now totaling $925 million, alongside EBITDA and cash flow per share figures that were notably above analyst expectations.
Bears say
Sitio Royalties Corp has experienced an 8% decrease in line of sight (LOS) wells, attributed to reduced operator activity in both the Permian and DJ basins, indicating potential challenges in future production and cash flows. The decline in net permits and spuds from the previous quarter further underscores concerns about operational momentum and growth potential. Additionally, there are risks associated with fluctuating oil and natural gas prices, along with potential governmental regulations, which could adversely affect the company's cash flow, EBITDA estimates, and overall long-term valuation.
This aggregate rating is based on analysts' research of Sitio Royalties Corp and is not a guaranteed prediction by Public.com or investment advice.
STR Analyst Forecast & Price Prediction
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