Sitio Royalties (STR)
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Sitio Royalties (STR) - 2024 Q2 - Quarterly Results
2024-08-07 20:10
EXHIBIT 99.1 SITIO ROYALTIES REPORTS SECOND QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RECORD HIGH AVERAGE DAILY PRODUCTION VOLUME OF 39,231 BOE/D (50% OIL) RETURN OF CAPITAL OF $0.71 PER SHARE FOR SECOND QUARTER 2024, COMPRISED OF $0.30 CASH DIVIDEND PER SHARE OF CLASS A COMMON STOCK AND $0.41 PER SHARE OF STOCK REPURCHASES RAISES FULL YEAR 2024 PRO FORMA PRODUCTION GUIDANCE TO 36,000 – 38,000 BOE/D(1) AND LOWERS MIDPOINT OF FULL YEAR 2024 CASH TAX GUIDANCE BY $21.5 MILLION INCLUDING PREVIOUSLY ANNOUNC ...
Analysts Estimate Sitio Royalties (STR) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-31 15:06
The market expects Sitio Royalties (STR) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are ...
Sitio Royalties (STR) - 2024 Q1 - Earnings Call Presentation
2024-05-09 15:34
1Q24 Earnings Presentation This presentation relates to Sitio Royalties Corp. (the "Company" or "Sitio") and contains statements that may constitute "forward-looking statements" for purposes of federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "inten ...
Sitio Royalties (STR) - 2024 Q1 - Earnings Call Transcript
2024-05-09 15:33
Conference Call Participants Company Participants Neal Dingmann – Truist Securities Nathaniel Pendleton - Stifel Tim Rezvan - KeyBanc Capital Markets Good morning, and welcome to the Sitio Royalties Q1 2024 Earnings Call. My name is Carla, and I'll be the operator for this call today [Operator Instructions]. I'd now like to hand over to Ross Wong, Vice President of Finance and Investor Relations, to begin. Ross, please go ahead. Thanks operator and good morning, everyone. Welcome to the Sitio Royalties firs ...
Sitio Royalties (STR) - 2024 Q1 - Quarterly Report
2024-05-08 20:38
Table of Contents ROC UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41585 Sitio Royalties Corp. (Exact Name of Registrant as Specified in its Charter) Delaware 88-4140242 (Sta ...
Sitio Royalties (STR) - 2024 Q1 - Quarterly Results
2024-05-08 20:21
EXHIBIT 99.1 SITIO ROYALTIES REPORTS FIRST QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS RECORD PRO FORMA AVERAGE DAILY PRODUCTION VOLUME OF 37,970 BOE/D (51% OIL)(1) FIRST QUARTER 2024 RETURN OF CAPITAL OF $0.49 PER SHARE, COMPRISED OF $0.41 DIVIDEND PER SHARE OF CLASS A COMMON STOCK AND $0.08 PER SHARE OF STOCK REPURCHASES 52.9 PRO FORMA NET LINE-OF-SIGHT WELLS AS OF MARCH 31, 2024, OF WHICH 77% AND 14% ARE IN THE PERMIAN AND DJ BASINS, RESPECTIVELY(2) CLOSED PREVIOUSLY ANNOUNCED ACQUISITION OF DJ BASIN ...
Sitio Royalties (STR) - 2023 Q4 - Earnings Call Transcript
2024-02-29 17:19
Company Participants Tim Rezvan - KeyBanc Capital Markets Neal Dingmann - Truist Derrick Whitfield - Stifel Noel Parks - Tuohy Brothers Investment Hello, everyone. And welcome to the Sitio Royalties Q4 2023 Earnings Call. My name is Chet, and I'll be the coordinator for this call today [Operator Instructions]. I'd now like to hand over to Ross Wong, Vice President of Finance and Investor Relations, to begin. Ross, please go ahead. Good morning, everyone. Welcome to the Sitio Royalties fourth quarter and ful ...
Sitio Royalties (STR) - 2023 Q4 - Annual Report
2024-02-29 12:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41585 Sitio Royalties Corp. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporation or org ...
Sitio Royalties (STR) - 2023 Q4 - Annual Results
2024-02-29 02:58
EXHIBIT 99.1 SITIO ROYALTIES REPORTS FOURTH QUARTER AND FULL YEAR 2023 OPERATIONAL AND FINANCIAL RESULTS, RECENT DEVELOPMENTS, AND PROVIDES FULL YEAR 2024 GUIDANCE ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE 13,062 NRAS IN THE DJ BASIN FOR $150 MILLION(1) ANNOUNCES $200 MILLION SHARE REPURCHASE PROGRAM AND UPDATED RETURN OF CAPITAL FRAMEWORK CLOSED ON PREVIOUSLY ANNOUNCED SALE OF ANADARKO AND APPALACHIA ASSETS FOR $114 MILLION DECLARED $0.51 DIVIDEND PER SHARE OF CLASS A COMMON STOCK FOR FOURTH QUARTER 2023 I ...
Sitio Royalties (STR) - 2023 Q3 - Earnings Call Transcript
2023-11-09 14:29
Sitio Royalties Corp. (NYSE:STR) Q3 2023 Earnings Call Transcript November 9, 2023 8:30 AM ET Derrick Whitfield - Stifel Noel Parks - Tuohy Brothers Investment Ross Wong Before we start, I'd like to remind you that our discussion today may contain forward-looking statements and non-GAAP measures. Please refer to our earnings press release, investor presentation, and publicly filed documents for additional information regarding such forward-looking statements and non-GAAP measures. Thanks, Ross. Good morning ...