Sitio Royalties Corp

Sitio Royalties Corp. invests in oil and gas mineral and royalty properties. It acquires, owns, and manages high-quality oil and gas mineral and royalty interests operated by exploration and production companies. The company is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Sitio Royalties Corp reports Q4 challenges and strategic growth opportunities

Sitio Royalties Corp navigated challenges of lower commodity prices in Q4 2022 while focusing on operational growth and financial flexibility.
Despite sequential declines in financial metrics, the company's strategic acquisitions and underwriting discipline present opportunities for future expansion.
Investors may monitor Sitio's ability to maintain dividend sustainability and capitalize on growth prospects outlined in the 2023 guidance.

Sitio Royalties Corp maintains steady production and efficient cost management

Sitio Royalties Corp's Q1 2023 performance was solid, with consistent production levels and strong financial metrics.
The company's disciplined approach to acquisitions and cost management underscore its operational efficiency and strategic focus.
Challenges in acquisitions and market competition highlight the need for strategic evaluation and a focus on operational excellence.

Sitio Royalties Corp (STR) reports robust Q2 performance and growth outlook

Sitio Royalties Corp (STR) delivered a strong Q2 performance with increased production and solid financial results, supported by strategic acquisitions.
The company's focus on strengthening its balance sheet and optimizing operational efficiency bodes well for future growth and shareholder value.
While facing industry challenges and market uncertainties, Sitio Royalties Corp (STR) remains well-positioned to capitalize on opportunities for expansion and innovation.

Sitio Royalties Corp (STR) reports strong Q3 performance and strategic divestitures

Sitio Royalties Corp (STR) delivered a robust performance in Q3 2023, marked by strong production figures, increased EBITDA, and consistent dividend payouts.
While facing challenges related to production trajectory and industry dynamics, the company's strategic divestitures and financial management initiatives signal resilience and adaptability.
By seizing opportunities through asset divestitures, potential acquisitions, and prudent financial strategies, Sitio Royalties Corp (STR) aims to navigate challenges and drive sustainable growth.

Sitio Royalties Corp (STR) excels in Q4 2023 with strategic acquisitions and capital return focus

Sitio Royalties Corp (STR) delivered a robust performance in Q4 2023, driven by strategic capital return initiatives and a significant acquisition in the DJ Basin.
The company's strong liquidity position, operational efficiency, and focus on shareholder value creation position it well for future growth and value enhancement.
While facing integration challenges and market uncertainties, STR has opportunities to capitalize on its acquisitions, optimize capital allocation, and drive operational excellence.

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DENVER--( BUSINESS WIRE )--Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) and Brigham Minerals, Inc. (“Brigham”) today announced the successful completion of their merger, combining as Sitio Royalties Corp. The combination brings together two of the largest public companies in the mineral and royalty sector with complementary high-quality assets in the Permian Basin and other oil-focused regions, creating an industry leader with a proven track record of consolidating oil and gas mineral and royalty interests operated by a diverse set of E&P companies.

Sitio Royalties and Brigham Minerals Announce Completion of Merger

Brigham Minerals

NEW ORLEANS , Nov. 29, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

BRIGHAM MINERALS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Brigham Minerals, Inc. - MNRL

Start Time: 08:30 January 1, 0000 8:52 AM ET Sitio Royalties Corp. (NYSE:STR ) Q3 2022 Earnings Conference Call November 09, 2022, 08:30 AM ET Company Participants Chris Conoscenti - CEO Ross Wong - Senior Director of Corporate Finance and IR Conference Call Participants Jeanine Wai - Barclays Noel Parks - Tuohy Brothers Operator Ladies and gentlemen, welcome to the Sitio Royalties Third Quarter 2022 Earnings Call. My name is Grant, and I'll be monitoring today's call.

Sitio Royalties Corp. (STR) Q3 2022 Earnings Call Transcript

Sitio Royalties (STR) delivered earnings and revenue surprises of -1.41% and 0%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Sitio Royalties (STR) Q3 Earnings Miss Estimates

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended September 30, 2022.

Sitio Royalties Reports Third Quarter 2022 Operational and Financial Results

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DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the third quarter of 2022 on Tuesday, November 8, 2022, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Wednesday, November 9, 2022 to discuss its third quarter 2022 operating and financial results. Participants can access the call by dialing 1-844-200-6205 in the United States or 1-929-5

Sitio Royalties Schedules Third Quarter 2022 Earnings Call

As a result of the OPEC plus announcement to decrease oil production by 2 million barrels per day, WTI crude oil price increased to $92 per barrel. As a result of the merger with Brigham, Sitio's NRAs in the Permian Basin will increase by 31%.

Sitio Royalties: Reasons For Being Undervalued

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Brigham Minerals, Inc. (NYSE: MNRL) (the “Company”) with Sitio Royalties Corp. (NYSE: STR). Under the terms of the proposed transaction, shareholders of Brigham will receive a fixed exchange ratio of 1.133 shares of common stock in the combined company for each share of Brigham that they own. KSF is seeking

BRIGHAM MINERALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Brigham Minerals, Inc. - MNRL

Sitio Royalties Corp. STR, -1.55% rose 3.9% in premarket trades on Wednesday, the day after the company's shares fell on its all-stock, $4.8 billion merger deal with Brigham Minerals Inc. MNRL, -4.66% . Sitio Royalties stock dropped 1.6% and Brigham shares gave up 4.7% on Tuesday.

Sitio Royalties share rebound after merger deal announcement with Brigham Minerals

Wilmington, Delaware--(Newsfile Corp. - September 6, 2022) - Rigrodsky Law, P.A. is investigating Sitio Royalties Corp. ("Sitio") (NYSE: STR) regarding possible breaches of fiduciary duties and other violations of law related to Sitio's agreement to merge with Brigham Minerals, Inc. Under the terms of the agreement, Sitio's shareholders will receive one share of common stock in the combined company for each share of Sitio common stock owned.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Sitio Royalties Corp. Merger

NEW YORK , Sept. 6, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Brigham Minerals, Inc. ("Brigham" or the "Company") (NYSE: MNRL), in connection with its proposed merger with Sitio Royalties Corp. ("Sitio") (NYSE: STR).

SHAREHOLDER ALERT: Weiss Law Investigates Brigham Minerals, Inc.

NEW YORK , Sept. 6, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Brigham Minerals, Inc. (NYSE: MNRL) and its board of directors concerning the proposed acquisition of the company by Sitio Royalties Corp. (NYSE: STR).

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Brigham Minerals, Inc.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of Sitio Royalties Corp. (NYSE: STR) and Brigham Minerals, Inc. is fair to Sitio shareholders. Under the terms of the merger agreement, Sitio's shareholders will receive one share of common stock in the combined company for each share of Sitio common stock owned on the closing date. Upon completion of the transaction, Sitio shareholders will own approximately 54.0% of the combined entit

STR Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of Sitio Royalties Corp. Is Fair to Shareholders

DENVER & AUSTIN, Texas--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, "STR" or the “Company”) and Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals”, “MNRL” or “Brigham”) today announced that they have entered into a definitive agreement to combine in an all-stock merger, with an aggregate enterprise value of approximately $4.8 billion based on the closing share prices of STR and MNRL on Friday, September 2, 2022. The combination brings together two of the largest public com

Sitio Royalties and Brigham Minerals to Combine in $4.8 Billion All-Stock, At-Market Merger, Forming a Premier Consolidator of Oil and Gas Mineral and Royalty Interests

Sitio Royalties Corp. (NYSE:STR ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Ross Wong - Senior Director of Corporate Finance & Investor Relations Chris Conoscenti - Chief Executive Officer Conference Call Participants Jeanine Wai - Barclays Derrick Whitfield - Stifel Operator Good morning. My name is Samantha and I will be your conference operator today.

Sitio Royalties Corp. (STR) CEO Chris Conoscenti on Q2 2022 Results - Earnings Call Transcript

Sitio Royalties (STR) delivered earnings and revenue surprises of -41.79% and 10.86%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sitio Royalties (STR) Q2 Earnings and Revenues Miss Estimates

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended June 30, 2022. SECOND QUARTER 2022 OPERATIONAL AND FINANCIAL HIGHLIGHTS AND RECENT DEVELOPMENTS Average daily production volume of 12,402 barrels of oil equivalent per day ("Boe/d"), (52% oil), up 9% sequentially from 1Q 2022; pro forma average daily production volume of 15,149 Boe/d (50% oil) including Falcon Minerals volumes for t

Sitio Royalties Reports Second Quarter 2022 Operational and Financial Results

Sitio Royalties (STR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sitio Royalties (STR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced it has completed the previously announced acquisition of over 12,200 net royalty acres (“NRAs,” when normalized to a 1/8th royalty equivalent) in the Permian Basin from Momentum Minerals, a Houston-based portfolio company of funds and accounts managed or advised by affiliates of Apollo Global Management, Inc. (the “Momentum Acquisition”). The Momentum Acquisition was funded by an approximately

Sitio Royalties Announces Closing of Acquisition From Momentum Minerals

STR announced the acquisition of 19,700 NRAs from Foundation Minerals and 12,200 NRAs from Momentum Minerals. The estimated annualized dividend payment is $2.88, which gives the forward dividend yield of 10.79% at the current share price.

Sitio Royalties Corp.: 10.79% Dividend Yield With Industrial Catalyst

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the second quarter of 2022 on Monday, August 8, 2022, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Tuesday, August 9, 2022 to discuss its second quarter 2022 operating and financial results. Participants can access the call by dialing 1-888-440-5983 in the United States or 1-646-960-02

Sitio Royalties Schedules Second Quarter 2022 Earnings Call

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced it has (i) completed the acquisition of over 19,700 net royalty acres ("NRAs") in the Permian Basin from Foundation Minerals, a Midland-based portfolio company of Quantum Energy Partners, for approximately $323 million (the “Foundation Acquisition”) and (ii) entered into a definitive purchase and sale agreement to acquire over 12,200 NRAs in the Permian Basin from Momentum Minerals, a Houston-b

Sitio Royalties Announces Highly Accretive Permian Basin Acquisitions

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