Sitio Royalties Corp. (STR)
Market Cap | 3.06B |
Revenue (ttm) | 624.41M |
Net Income (ttm) | 39.78M |
Shares Out | 151.50M |
EPS (ttm) | 0.49 |
PE Ratio | 41.22 |
Forward PE | 34.63 |
Dividend | $1.40 (6.95%) |
Ex-Dividend Date | Mar 14, 2025 |
Volume | 343,237 |
Open | 20.32 |
Previous Close | 20.30 |
Day's Range | 20.05 - 20.56 |
52-Week Range | 18.40 - 25.95 |
Beta | 1.40 |
Analysts | Buy |
Price Target | 28.25 (+39.85%) |
Earnings Date | May 7, 2025 |
About STR
Sitio Royalties Corp. acquires, owns, and manages mineral and royalty interests across premium basins in the United States. The company’s portfolio comprising mineral and royalty interests in the Permian basin located in West Texas and southeastern New Mexico; the Eagle Ford basin located in South Texas; the DJ basin located in Northeast Colorado and Southeast Wyoming; and the Williston basin including the Bakken located in North Dakota. The company was founded in 2016 and is headquartered in Denver, Colorado. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for STR stock is "Buy." The 12-month stock price forecast is $28.25, which is an increase of 39.85% from the latest price.
News

Sitio Royalties Schedules First Quarter 2025 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the first quarter 2025 on Wednesday, May 7, 2025, after the...

Sitio Royalties: Strong Total Production, But Oil Cut Is Slightly Declining
Sitio reached record highs for total production in Q4 2024, although its oil production was slightly lower than the highs of Q2 2024. Sitio expects its oil cut to be around 47% in 2025 compared to 50%...

Sitio Royalties Corp. (STR) Q4 2024 Earnings Call Transcript
Sitio Royalties Corp. (NYSE:STR) Q4 2024 Earnings Conference Call February 27, 2024 8:30 AM ET Company Participants Alyssa Stephens - Vice President of Investor Relations Chris Conoscenti - Chief Exe...

Sitio Royalties Reports Fourth Quarter and Full Year 2024 Results
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, “STR” or the “Company”) today announced fourth quarter and full year 2024 financial and operating results. In addition, the Company...

Sitio Royalties Schedules Fourth Quarter 2024 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the fourth quarter and full year 2024 on Wednesday, Februar...

Sitio Royalties: Improved Future Production Outlook
Sitio Royalties Corp.'s Q3 2024 production exceeded expectation, and it increased its full-year guidance by 1,000 BOEPD. This was mainly attributable to legacy asset outperformance. Sitio is projected...

Sitio Royalties Corp. (STR) Q3 2024 Earnings Call Transcript
Sitio Royalties Corp. (NYSE:STR) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ross Wong - Vice President of Finance and Investor Relations Chris Conoscenti - Chie...

Sitio Royalties Reports Third Quarter 2024 Operational and Financial Results
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, “STR” or the “Company”) today announced third quarter 2024 operational and financial results. Robust production, coupled with stron...

Sitio Royalties: Second Half Production May Decline From Strong First Half Levels
Sitio Royalties saw approximately 7% production growth from Q4 2023 to Q2 2024, proforma for various acquisitions and divestitures. It increased its full-year guidance modestly. Sitio's full-year guid...

Sitio Royalties Schedules Third Quarter 2024 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the third quarter of 2024 on Wednesday, November 6, 2024, a...

Sitio Royalties Corp. (STR) Q2 2024 Earnings Call Transcript
Sitio Royalties Corp. (NYSE:STR) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Ross Wong - Vice President of Finance and Investor Relations Chris Conoscenti - Chief ...

Sitio Royalties Reports Second Quarter 2024 Operational and Financial Results
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, 2024. Unless the context c...

Sitio Royalties Schedules Second Quarter 2024 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the second quarter of 2024 on Wednesday, August 7, 2024, af...

Sitio Royalties Reports First Quarter 2024 Operational and Financial Results
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, “STR” or the “Company”) today announced operational and financial results for the quarter ended March 31, 2024. Unless the context ...

Sitio Royalties: DJ Basin Acquisition Boosts FCF, But May Delay An Increased Payout Ratio
Sitio made a $150 million cash DJ Basin acquisition at a 4.0x multiple to asset level cash flow. The low purchase price multiple appears to be due to a high base decline rate and limited inventory. Si...

Sitio Royalties Schedules First Quarter 2024 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the first quarter of 2024 on Wednesday, May 8, 2024, after ...

Sitio Royalties Corp. (STR) Q4 2023 Earnings Call Transcript
Sitio Royalties Corp. (STR) Q4 2023 Earnings Call Transcript

Sitio Royalties Reports Fourth Quarter and Full Year 2023 Operational and Financial Results, Recent Developments, and Provides Full Year 2024 Guidance
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, “STR” or the “Company”) today announced operational and financial results for the quarter and year ended December 31, 2023. Unless ...

Upgrading Sitio Royalties To A Buy Following A 20% Decline In Share Price
Sitio Royalties has taken steps to reduce debt and increase cash flows, including refinancing high-interest senior notes and selling off assets in the Appalachia and Anadarko Basins. These actions wil...

Sitio Royalties: Increased Payout Ratio Gets Closer After Recent Divestiture
Sitio sold its Appalachia and Anadarko Basin assets for $117.5 million in cash before adjustments. I estimate that these assets would have generated $12 million in 2024 free cash flow, while Sitio sav...

Sitio Royalties Schedules Fourth Quarter 2023 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the fourth quarter of 2023 on Wednesday, February 28, 2024,...

Sitio Royalties Corp. (STR) Q3 2023 Earnings Call Transcript
Sitio Royalties Corp. (NYSE:STR) Q3 2023 Earnings Call Transcript November 9, 2023 8:30 AM ET Company Participants Ross Wong - VP, Finance and IR Chris Conoscenti - CEO Conference Call Participants D...

Sitio Royalties Reports Third Quarter 2023 Operational and Financial Results
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, 2023. Unless the cont...

Sitio Royalties: New Notes Reduce Interest Costs By Around $15 Million Per Year
Sitio's new 7.875% unsecured notes due November 2028 have a lower interest rate than its other debt. Sitio's variable interest rate notes due September 2026 have an effective interest rate of over 11%...

Sitio Royalties Schedules Third Quarter 2023 Earnings Call
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the third quarter of 2023 on Wednesday, November 8, 2023, a...