Sitio Royalties (STR) - 2023 Q3 - Earnings Call Presentation

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 ...