Sitio Royalties Corp. (STR)

NYSE: STR · IEX Real-Time Price · USD
24.00
+0.42 (1.78%)
Jun 28, 2022 4:00 PM EDT - Market closed
1.78%
Market Cap 526.45M
Revenue (ttm) 77.81M
Net Income (ttm) 13.43M
Shares Out 21.94M
EPS (ttm) 1.04
PE Ratio 23.08
Forward PE 16.81
Dividend $2.52 (10.50%)
Ex-Dividend Date Jun 6, 2022
Volume 438,936
Open 24.00
Previous Close 23.58
Day's Range 23.86 - 24.78
52-Week Range 16.96 - 31.60
Beta n/a
Analysts n/a
Price Target 33.81 (+40.9%)
Earnings Date Aug 3, 2022

About STR

Sitio Royalties Corp. operates as oil and gas mineral and royalty company. The company acquires oil-weighted rights in productive and the United States basins. It has approximately 140,000 net royalty acres through the consummation of over 180 acquisitions. The company was founded in 2016 and is headquartered in Denver, Colorado. [Read more...]

Industry Oil & Gas E&P
Founded 2016
Employees 12
Stock Exchange NYSE
Ticker Symbol STR
Full Company Profile

Financial Performance

In 2021, STR's revenue was $68.01 million, an increase of 74.91% compared to the previous year's $38.88 million. Earnings were $13.16 million, an increase of 70.86%.

Financial Statements

News

Sitio Royalties Announces Highly Accretive Permian Basin Acquisitions

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 ...

Desert Peak Minerals and Falcon Minerals Corporation Announce Completion of Merger

DENVER--(BUSINESS WIRE)--Desert Peak Minerals (“Desert Peak”) and Falcon Minerals Corporation (“Falcon”) today announced the successful completion of their merger, creating Sitio Royalties Corp. (Nasdaq...

Falcon Minerals Corporation Announces Stockholder Approval of Merger with Desert Peak Minerals

HOUSTON--(BUSINESS WIRE)--Falcon Minerals Corporation (NASDAQ: FLMN, FLMNW) (“Falcon” or the “Company”) announced today the results for the proposals considered and voted upon by its stockholders at its...

Is a Surprise Coming for Falcon Minerals (FLMN) This Earnings Season?

Falcon Minerals (FLMN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why the Earnings Surprise Streak Could Continue for Falcon Minerals (FLMN)

Falcon Minerals (FLMN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates TMX, FLMN, SAVE, MTOR

NEW YORK, May 9, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of f...

Other symbols: MTORSAVETMX

Falcon Minerals Files Definitive Proxy Statement Relating to Pending Merger with Desert Peak Minerals

HOUSTON--(BUSINESS WIRE)--Falcon Minerals Corporation (“Falcon”) (NASDAQ: FLMN, FLMNW) announced that it has filed, and commenced the mailing of, its definitive proxy statement on Schedule 14A (the “Pro...

Best Income Stocks to Buy for May 5th

EGLE, FLMN, and YY made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 5, 2022.

Other symbols: EGLEYY

Falcon Minerals Corporation Reports First Quarter 2022 Production and Declares Quarterly Dividend Increase of 24%

HOUSTON--(BUSINESS WIRE)--Falcon Minerals Corporation (“Falcon,” or the “Company,” “we,” “our,”) (NASDAQ: FLMN, FLMNW), a leading oil and gas minerals company, today announces the first quarter 2022 pro...

Falcon Minerals (FLMN) Earnings Expected to Grow: What to Know Ahead of Q1 Release

Falcon Minerals (FLMN) 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.

Best Income Stocks to Buy for April 25th

DOW, FLMN, and BKE made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 25, 2022.

Other symbols: BKEDOW

Best Momentum Stocks to Buy for April 6th

PTR, FLMN, and ARCO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 6, 2022.

Other symbols: ARCOPTR

New Strong Buy Stocks for April 6th

PTR, FLMN, ARCO, HEES, and LCNB have been added to the Zacks Rank #1 (Strong Buy) List on April 6th, 2022.

Other symbols: ARCOHEESLCNBPTR

Best Income Stocks to Buy for March 25th

RTL, FLMN, and EPR made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 25, 2022.

Other symbols: EPRRTL

Falcon Minerals (FLMN) Tops Q4 Earnings Estimates

Falcon Minerals (FLMN) delivered earnings and revenue surprises of 42.86% and 1.81%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Desert Peak Minerals Reports Record Fourth Quarter Production and Post Merger Dividend Policy

DENVER, March 10, 2022 /PRNewswire/ -- Desert Peak Minerals ("Desert Peak") announced today record production for the quarter ended December 31, 2021, and provided initial details on the combined compan...

Falcon Minerals Corporation Reports Fourth Quarter and Full Year 2021 Financial Results

HOUSTON--(BUSINESS WIRE)--Falcon Minerals Corporation (“Falcon,” or the “Company,” “we,” “our,”) (NASDAQ: FLMN, FLMNW), a leading oil and gas minerals company, today announces financial and operating re...

Is Falcon Minerals (FLMN) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Falcon Minerals (FLMN) and SM Energy (SM) have performed compared to their sector so far this year.

Why Earnings Season Could Be Great for Falcon Minerals (FLMN)

Falcon Minerals (FLMN)is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Falcon Minerals (FLMN) Earnings Expected to Grow: What to Know Ahead of Q4 Release

Falcon Minerals (FLMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Falcon Minerals Declares Dividend for Fourth Quarter 2021

HOUSTON--(BUSINESS WIRE)--Falcon Minerals Corporation (“Falcon” or the “Company”) (NASDAQ: FLMN, FLMNW) today announced that Falcon's Board of Directors declared a dividend of $0.145 per Class A share f...

Falcon Minerals (FLMN) Surges 5.5%: Is This an Indication of Further Gains?

Falcon Minerals (FLMN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

FALCON MINERALS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merge...

NEW ORLEANS, Jan. 14, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Falcon Minerals Corporation

NEW YORK, Jan. 12, 2022 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Falcon Minerals Corporation ("Falcon" o...

Why Falcon Minerals Stock Fell as Much as 12% Today

The energy royalty company dropped as it agreed to merge with another company, with the pair hoping to bulk up for even more acquisitions.