Sitio Royalties Corp. (STR)
| Market Cap | 1.81B |
| Revenue (ttm) | 543.95M |
| Net Income (ttm) | 26.68M |
| Shares Out | 81.76M |
| EPS (ttm) | 0.18 |
| PE Ratio | 122.94 |
| Forward PE | 15.15 |
| Dividend | $1.99 (8.99%) |
| Ex-Dividend Date | Nov 20, 2023 |
| Volume | 748,312 |
| Open | 21.88 |
| Previous Close | 22.03 |
| Day's Range | 21.80 - 22.87 |
| 52-Week Range | 19.31 - 33.65 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 31.00 (+40.08%) |
| Earnings Date | Nov 8, 2023 |
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 of 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 Anadarko basin located in Oklahoma; the DJ basin located in Colorado and Wyoming; the Williston basin located in North Dakota; and the Appalachian basin located in Pennsylvania, Ohio, and West Virginia. As of December 31, 2022, it owned ... [Read more]
Financial Performance
In 2022, STR's revenue was $369.61 million, an increase of 206.51% compared to the previous year's $120.59 million. Earnings were $184.08 million, an increase of 287.58%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for STR stock is "Strong Buy." The 12-month stock price forecast is $31.0, which is an increase of 40.08% from the latest price.
News
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 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...
Sitio Royalties Prices Upsized $600 Million Offering of Senior Notes
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced the pricing of $600 million in aggregate principal amount of senior unsecured notes due 2028 (the ...
Sitio Royalties Announces $500 Million Offering of Senior Notes
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced that its subsidiaries, Sitio Royalties Operating Partnership, LP (the “Partnership”) and Sitio Fin...
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Sitio Royalties Reports Second 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 June 30, 2023. Unless the context c...
Sitio Royalties Schedules Second 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 second quarter of 2023 on Tuesday, August 8, 2023, afte...
Sitio Royalties Reports First 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 March 31, 2023. Unless the context ...
NYSE American to Commence Delisting Proceedings in Warrants of Sitio Royalties Corp. (STR WS) and Suspends Trading Immediately
NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants of Siti...
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Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.
Sitio Royalties Schedules First 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 first quarter of 2023 on Tuesday, May 9, 2023, after th...
Sitio Royalties Reports Fourth Quarter and Full Year 2022 Operational and Financial Results, Recent Developments and Provides Full Year 2023 Guidance
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended December 31, 2022.
Murray Stahl Dives Into Bitcoin, Trims Top Holding in 4th Quarter
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Sitio Royalties Schedules Fourth Quarter 2022 Earnings Call
Sitio Royalties Schedules Fourth Quarter 2022 Earnings Call
Sitio Royalties and Brigham Minerals Announce Completion of Merger
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 S...
BRIGHAM MINERALS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Merger of Brigham Minerals, Inc. - MNRL
NEW ORLEANS , Nov. 29, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
Sitio Royalties Reports Third Quarter 2022 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, 2022.
Sitio Royalties Schedules Third Quarter 2022 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 2022 on Tuesday, November 8, 2022, aft...
BRIGHAM MINERALS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Brigham Minerals, Inc. - MNRL
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 Minera...
Sitio Royalties share rebound after merger deal announcement with Brigham Minerals
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%...
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Sitio Royalties Corp. Merger
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 ...
SHAREHOLDER ALERT: Weiss Law Investigates Brigham Minerals, Inc.
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 th...
ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of 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 ...
STR Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of Sitio Royalties Corp. Is Fair to Shareholders
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 sharehold...
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
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 ann...