Sitio's financial philosophy and capitalization 9/30/23 Revolving credit facility $601 $381 Total debt $1,006 $981 Liquidity $250 $471 ✓ • Retain up to 35% of Discretionary Cash Flow(1) to protect balance sheet and maintain liquidity ✓ • Maintain conservative and financially flexible capital structure Note: Senior unsecured notes balance is principal only and not net of any fees (1) Discretionary Cash Flow defined as Adjusted EBITDA less cash interest and cash taxes Oil (NYMEX WTI) Bbl per day 3,050 3,300 1 ...

Table of Contents 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 September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 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 ...

Several of these were ones where we've been talking to the owners for upwards of four years. So, these relationships take a long time to cultivate, and we have to find that right time when the seller is ready and when the evaluation is right for us. So, in terms of the competitive dynamic, obviously, we see the most heated competition in those situations that are broadly auctioned, and that's why we have very, very limited success in those situations. We tend to do a lot better where we have a relationship ...

• Employee base and Board reflective of a culture that values diversity • Sitio's differentiated nature of operations results in lower scope 1 and scope 2 emissions than E&P operators(1) • E&P operators bear 100% of the environmental liabilities of operations | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------|-----------|-------------------------------|----------|-------|--------------------- ...

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 June 30, 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) Delaware 88-4140242 (Stat ...

Next question we have comes from Noel Parks from Tuohy Brothers. 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. Ross Wong Another important point on the G&A topic is the magnitude of the absolute G&A savings that have been achieved through the ...

May 9, 2023 1Q 2023 Earnings Presentation Disclaimer FORWARD-LOOKING STATEMENTS INDUSTRY AND MARKET DATA BASIS OF PRESENTATION NON-GAAP MEASURES 2 Record high average quarterly production volume of 34,440 boe/d (51% oil) Reduced long-term debt by $33.7 million 3 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 t ...

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, 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) Delaware 88-4140242 (Sta ...

Operator Sitio Royalties Corp. (NYSE:STR) Q4 2022 Results Conference Call March 9, 2023 8:30 AM ET Ross Wong - Vice President of Finance and Investor Relations Chris Conoscenti - Chief Executive Officer Carrie Osicka - Chief Financial Officer Tim Rezvan - KeyBanc Capital Markets Jeanine Wai - Barclays Noel Parks - Tuohy Brothers My name is Nadia, and I'll be coordinating the call today [Operator Instructions]. I will now hand you over to your host, Ross Wong, Vice President of Finance and Investor Relations ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) (cid:0) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 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 (State or other jurisdic ...