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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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 - Chief Executive Officer Carrie Osicka - Chief Financial Officer Jarret Marcoux - Executive Vice President, Operations Dax McDavid - Executive Vice President of Corporate Development Conference Call Participants Neal Dingmann - Truist Jarrod Girou - Stephens Betty Zhang - Barclays Noel Parks - Tuohy Brothers Investment Operator Hello everyone, and welcome to the Sitio Royalties Third Quarter 2024 Earnings Conference Call. My name is Bruno and I'll be your operator for today.

Sitio Royalties Corp. (STR) Q3 2024 Earnings Call Transcript

Sitio Royalties (STR) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.23 per share a year ago.

Sitio Royalties (STR) Q3 Earnings Top Estimates

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 strong year-to-date performance and the positive impact from five recent acquisitions, allowed the Company to enhance its 2024 outlook. Supplemental slides have been posted to Sitio's website, www.sitio.com. A conference call and webcast is planned for 7:30 a.m. CT / 8:30 a.m. ET on Thursday, November 7.

Sitio Royalties Reports Third Quarter 2024 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.

Earnings Preview: Sitio Royalties (STR) Q3 Earnings Expected to Decline

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 guidance still implies a mid-to-high single digits decline in second half production though.

Sitio Royalties: Second Half Production May Decline From Strong First Half Levels

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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 2024 on Wednesday, November 6, 2024, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, November 7, 2024 to discuss its third quarter 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404.

Sitio Royalties Schedules Third Quarter 2024 Earnings Call

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 Executive Officer Carrie Osicka - Chief Financial Officer Conference Call Participants Neal Dingmann - Truist Securities Noel Parks - Tuohy Brothers Investment John Vinh - KeyBanc Capital Markets Betty Zhang - Barclays Operator Hello everyone, and a warm welcome to the Sitio Royalties Second Quarter 2024 Earnings Call. My name is Emily and I'll be coordinating your call today.

Sitio Royalties Corp. (STR) Q2 2024 Earnings Call Transcript

Sitio Royalties (STR) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.25 per share a year ago.

Sitio Royalties (STR) Lags Q2 Earnings 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, 2024. Unless the context clearly indicates otherwise, references to “we,” “our,” “us” or similar terms refer to Sitio and its subsidiaries. SECOND QUARTER 2024 OPERATIONAL, FINANCIAL AND ACQUISITION HIGHLIGHTS Average daily production volume of 39,231 barrels of oil equivalent per day (“Boe/d”) (50% oil), an all-time high,.

Sitio Royalties Reports Second Quarter 2024 Operational and Financial Results

Analysts Estimate Sitio Royalties (STR) to Report a Decline in Earnings: What to Look Out for

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, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, August 8, 2024 to discuss its second quarter 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-9.

Sitio Royalties Schedules Second Quarter 2024 Earnings Call

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 clearly indicates otherwise, references to “we,” “our,” “us” or similar terms refer to Sitio and its subsidiaries. FIRST QUARTER 2024 OPERATIONAL AND FINANCIAL HIGHLIGHTS Pro forma 1Q 2024 average daily production volume of 37,970 barrels of oil equivalent per day (“Boe/d”) (51% oil)(1), up 3.7% re.

Sitio Royalties Reports First Quarter 2024 Operational and Financial Results

Sitio Royalties (STR) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 155.6%, on average.

What Will Sitio Royalties' (STR) Q1 Earnings Unveil?

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. Sitio is projected to generate $2.75 per share in 2024 free cash flow.

Sitio Royalties: DJ Basin Acquisition Boosts FCF, But May Delay An Increased Payout Ratio

Sitio Royalties (STR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Sitio Royalties (STR) Upgraded to Buy: What Does It Mean for the Stock?

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 the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, May 9, 2024 to discuss its first quarter 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-975-4839.

Sitio Royalties Schedules First Quarter 2024 Earnings Call

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SITIO ROYALTIES (STR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for SITIO ROYALTIES (STR): Time to Buy?

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

While the top- and bottom-line numbers for Sitio Royalties (STR) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

News for Sitio Royalties Corp Stock (STR)