Sitio Royalties Corp.

STR

US82983N1081

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 16:00:02 2024-05-10 EDT			5-day change	1st Jan Change
23.41 ^USD	-1.10%		+2.32%	-0.43%

05-10	Truist Securities Adjusts Sitio Royalties' Price Target to $33 From $32, Keeps Buy Rating	MT
05-09	Barclays Adjusts Sitio Royalties Price Target to $27 From $26, Maintains Underweight Rating	MT

Sitio Royalties Corp. announces an Equity Buyback for $200 million worth of its shares.

February 29, 2024 at 11:28 am

Sitio Royalties Corp. (NYSE:STR) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of its shares.

The repurchase program does not have any expiry date.

Latest news about Sitio Royalties Corp.

Truist Securities Adjusts Sitio Royalties' Price Target to $33 From $32, Keeps Buy Rating	05-10	MT
Barclays Adjusts Sitio Royalties Price Target to $27 From $26, Maintains Underweight Rating	05-09	MT
Transcript : Sitio Royalties Corp., Q1 2024 Earnings Call, May 09, 2024	05-09
Sitio Royalties Q1 Net Income Falls, Revenue Increases	05-09	MT
Earnings Flash (STR) SITIO ROYALTIES Reports Q1 Revenue $151.4M, vs. Street Est of $142.9M	05-08	MT
Sitio Royalties Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-08	CI
KeyBanc Adjusts Sitio Royalties Price Target to $29 From $27, Maintains Overweight Rating	04-22	MT
Piper Sandler Raises Sitio Royalties Price Target to $28 From $27, Maintains Overweight Rating	04-19	MT
Piper Sandler Adjusts Sitio Royalties' Price Target to $27 From $26, Maintains Overweight Rating	03-07	MT
Sitio Royalties Corp. Announces Executive Changes	03-06	CI
Sitio Royalties Corp. announces an Equity Buyback for $200 million worth of its shares.	02-29	CI
Sitio Royalties Corp. Declares Fourth Quarter Cash Dividend	02-29	CI
Transcript : Sitio Royalties Corp., Q4 2023 Earnings Call, Feb 29, 2024	02-29
Sitio Royalties Corp. Provides Production Guidance for the Full Year 2024	02-29	CI
Sitio Royalties Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	02-28	CI
Sitio Royalties Corp. authorizes a Buyback Plan.	02-27	CI
Truist Securities Initiates Sitio Royalties at Buy Rating With $29 Price Target	01-30	MT
Piper Sandler Adjusts Price Target on Sitio Royalties to $26 From $31, Maintains Overweight Rating	01-24	MT
KeyBanc Cuts Price Target on Sitio Royalties to $29 From $33 Amid 'More Muted Commodity Price Outlook,' Keeps Overweight Rating	01-11	MT
Transcript : Sitio Royalties Corp., Q3 2023 Earnings Call, Nov 09, 2023	11-09
Sitio Royalties Breaks Even in Q3 Earnings; Increases Quarterly Dividend, Announces Sale of Interest in Appalachia, Anadarko Basins	11-08	MT
Earnings Flash (STR) SITIO ROYALTIES Posts Q3 Revenue $156.7M, vs. Street Est of $163M	11-08	MT
Sitio Royalties Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-08	CI
Sitio Royalties Corp. Provides Production Guidance for the Second Half of 2023	11-08	CI
Sitio Royalties Corp. Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2023	11-08	CI

Sitio Royalties Corp. acquires, owns, and manages mineral and royalty interests across premium basins in the United States. The Company leases its mineral interests to oil and gas exploration and production (E&P) companies. It leases permits E&P companies to explore for and produce oil, natural gas and natural gas liquids from its properties and entitles the Company to receive a percentage of the proceeds from the sales of these commodities. The Companyâs assets are focused primarily on the Permian Basin in West Texas and Southeast New Mexico, with additional assets across areas of the United States, including the Denver-Julesburg (DJ) Basin in Colorado and Wyoming, Eagle Ford in South Texas, Appalachia Basin in Pennsylvania, West Virginia and Ohio, Anadarko Basin in Oklahoma, and Williston Basin in North Dakota. The DJ Basin is located in Northeast Colorado and Southeast Wyoming. The Company owns mineral and royalty interests representing over 252,300 net royalty acres (NRAs).

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-14 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

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Ratings for Sitio Royalties Corp.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

23.41 USD

Average target price

29.5 USD

Spread / Average Target

+26.01%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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