Welcome to our dedicated page for Sitio Royalties news (Ticker: STR), a resource for investors and traders seeking the latest updates and insights on Sitio Royalties stock.
Sitio Royalties Corp (STR) provides strategic mineral rights investments across premier U.S. oil basins. This page serves as the definitive source for official company news and analysis, offering stakeholders timely updates on royalty-related developments.
Access curated press releases covering earnings reports, asset acquisitions, and operational milestones. Track STR's progress in securing non-operated interests through verified announcements and third-party analyses.
Key updates include mineral portfolio expansions, partnership formations, and financial performance metrics. Investors gain insights into the company's strategic positioning within evolving energy markets through primary source documentation.
Bookmark this resource for streamlined access to STR's latest developments. Return regularly to monitor the company's progress in building value through targeted royalty investments.
Sitio Royalties (NYSE:STR) announced that stockholders have approved the previously announced merger with Viper Energy. The merger is set to close on August 19, 2025.
Under the merger terms, Sitio stockholders will receive 0.4855 shares of New Cobra Pubco (New Viper) Class A common stock for each Sitio Class A share. Sitio Opco unitholders will receive 0.4855 common units in Viper Energy Partners LLC and 0.4855 shares of New Viper Class B common stock for each unit owned. Sitio Class C shares will be canceled without consideration.
Trading of Sitio Class A common stock on the NYSE will be suspended before market open on August 19, 2025.
Sitio Royalties (NYSE: STR) reported Q2 2025 results, highlighted by net income of $14.5 million and Adjusted EBITDA of $125.4 million. Production reached 19.3 MBbls/d of oil and 41.9 MBoe/d total.
The company announced a pending all-stock merger with Viper Energy, expected to close in Q3 2025. Sitio returned $0.42 per share to shareholders, including a $0.36 dividend and $0.06 in share repurchases. The company closed $6.0 million in acquisitions in the Delaware and DJ Basins.
As of June 30, 2025, Sitio maintained $1.1 billion in total debt and $437.2 million in liquidity. The company's portfolio includes 275,071 net royalty acres across major U.S. basins, with 48.1 net line of sight wells.
Sitio Royalties (NYSE: STR) has revised its second quarter 2025 earnings release date to Monday, August 4, 2025, after NYSE trading hours. Due to the pending merger with Viper Energy (NASDAQ:VNOM), the company will not host a conference call.
Sitio, focused on large-scale consolidation of oil & gas mineral and royalty interests across premium basins, has built a portfolio of over 270,000 NRAs through more than 200 acquisitions. The company emphasizes shareholder returns through cash flow generation from operations.
Sitio Royalties (NYSE:STR) has announced it will release its second quarter 2025 operating and financial results on Wednesday, August 6, 2025, after NYSE trading hours. Due to the pending merger with Viper Energy (NASDAQ:VNOM), no conference call will be held.
Sitio, focused on large-scale consolidation of oil & gas mineral and royalty interests across premium basins, has built a portfolio of over 270,000 NRAs through more than 200 acquisitions. The company emphasizes shareholder returns and cash flow generation through its operations with diverse top-tier operators.
Sitio Royalties (NYSE: STR) has released its first quarter 2025 preview, introducing a new two-stage quarterly reporting approach. The company reported strong production numbers with 18.9 MBbls/d oil and 42.1 MBoe/d total, exceeding full-year guidance midpoints by 2% and 6% respectively.
Key highlights include:
- 11.1 net wells turned-in-line (up 34% quarter-over-quarter)
- 48.6 net line of sight wells (up 8% quarter-over-quarter)
- $20.6 million in acquisitions adding 1,350 net royalty acres in DJ and Midland Basins
- $22.3 million in share repurchases (1.1 million shares)
The company maintains a strong position with over 270,000 net royalty acres and has completed more than 200 acquisitions as of March 31, 2025. Full Q1 2025 results will be reported on May 7, 2025.
Sitio Royalties Corp. (NYSE: STR) has announced its schedule for the first quarter 2025 earnings release and conference call. The company will release its Q1 2025 operating and financial results on Wednesday, May 7, 2025, after NYSE trading hours. A conference call to discuss the results is scheduled for Thursday, May 8, 2025, at 8:30 a.m. Eastern.
Sitio, a shareholder returns-driven company, focuses on consolidating high-quality oil & gas mineral and royalty interests across premium basins. The company has built a substantial portfolio of over 270,000 NRAs through more than 200 acquisitions. Their business model centers on generating cash flow from operations for shareholder returns and reinvestment.
Sitio Royalties (NYSE: STR) reported strong Q4 2024 results with record production of 40.9 MBoe/d, up 14% year-over-year. The company closed three acquisitions in late 2024 for $140 million, primarily in the Delaware Basin.
Q4 financial highlights include net income of $19.3 million and Adjusted EBITDA of $141.2 million, up $111.0 million and 5% respectively from Q4 2023. The company declared a Q4 cash dividend of $0.41 per share and repurchased shares equivalent to $0.08 per share.
Key achievements include:
- Full year pro forma production exceeded guidance
- Completed 16 acquisitions totaling $350 million in 2024
- Cumulative return of capital to shareholders exceeded $840 million since June 2022
- 3% reduction in total shares outstanding year-over-year
- 2025 outlook forecasts average daily production of 39.8 MBoe/d
Sitio Royalties (NYSE: STR) has announced its upcoming fourth quarter and full year 2024 earnings release, scheduled for Wednesday, February 26, 2025, after NYSE trading hours. The company will host a conference call on Thursday, February 27, 2025, at 8:30 a.m. Eastern to discuss the results.
Participants can join the call via phone (1-833-470-1428 in the US, 1-404-975-4839 for other locations, access code: 552754) or through webcast. Pre-registration is available for the event.
Sitio Royalties is focused on consolidating oil & gas mineral and royalty interests across premium basins. The company has accumulated over 265,000 NRAs through more than 200 acquisitions, emphasizing shareholder returns and cash flow generation.
Sitio Royalties reported strong Q3 2024 operational and financial results, exceeding production guidance with 38,585 Boe/d. The company achieved a net income of $27.9 million and Adjusted EBITDA of $135.4 million. Long-term debt was reduced by approximately $56.5 million, and $0.47 per share was returned to shareholders, comprising dividends and stock repurchases. Recent acquisitions bolstered the 2024 outlook, with line of sight wells increasing by 11% QoQ. Sitio’s diverse asset base and robust operator activity in the Permian and DJ Basins contributed to the positive performance. The company’s liquidity stood at $455.5 million, with a credit facility balance of $403.0 million. Average realized commodity prices were $41.65 per Boe unhedged and $42.85 per Boe hedged. The company repurchased 1.4 million shares at an average price of $21.47 per share. Sitio’s updated 2024 guidance raised the midpoint of average daily production by 1,000 Boe/d, reflecting strong legacy production and acquisitions.