Sitio Royalties (STR) - 2024 Q1 - Quarterly Results

EXHIBIT 99.1 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 ASSETS IN APRIL 2024(3) DENVER, Colorado—May 8, 2024— Sitio Royalties Corp. (NYSE: STR) ("Sitio", "STR" or the "Company") today announced operational and ...