Sitio Royalties Corp. (STR)

NYSE: STR · IEX Real-Time Price · USD
22.13
+0.10 (0.45%)
Dec 1, 2023, 4:00 PM EST - Market closed
0.45%
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]

Sector Materials
Founded 2016
Employees 49
Stock Exchange NYSE
Ticker Symbol STR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$31.0
(40.08% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

25 days ago - Business Wire

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...

2 months ago - Business Wire

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 ...

2 months ago - Business Wire

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...

2 months ago - Business Wire

3 Oil Exploration Stocks To Cushion WTI Swings

Oil prices have swung from over $100 per barrel to under $80 per barrel in a year. Indeed, some portfolios need to be optimally built to cushion such swings and what effects these have on the economy.

Other symbols: BSM
3 months ago - MarketBeat

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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 ...

7 months ago - Business Wire

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...

7 months ago - Business Wire

Oil Earnings Are Fizzling. These 5 Companies Stand Out.

Oil is still relatively pricey at around $80 per barrel, but it has come down considerably from its peaks.

Other symbols: KOSNOGOVVPR
7 months ago - Barrons

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...

8 months ago - Business Wire

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.

9 months ago - Business Wire

Murray Stahl Dives Into Bitcoin, Trims Top Holding in 4th Quarter

Murray Stahl (Trades, Portfolio)'s Horizon Kinetics recently disclosed its 13F filing for the fourth quarter of 2022, giving a snapshot of its equity portfolio as of the quarter's end.

Other symbols: BAMFNVGBTCPBTTPL
10 months ago - GuruFocus

Sitio Royalties Schedules Fourth Quarter 2022 Earnings Call

Sitio Royalties Schedules Fourth Quarter 2022 Earnings Call

10 months ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - PRNewsWire

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.

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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%...

1 year ago - Market Watch

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 ...

1 year ago - Newsfile Corp

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...

1 year ago - PRNewsWire

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 ...

1 year ago - PRNewsWire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire