Sitio is a shareholder returns-driven company focused on large-scale consolidation of high-quality oil & gas mineral and royalty interests across premium basins, with a diversified set of top-tier operators. With a clear objective of generating cash flow from operations that can be returned to stockholders and reinvested, Sitio has accumulated over 270,000 NRAs through the consummation of over 190 acquisitions to date. More information about Sitio is available at www.sitio.com.
Company profile
Ticker
STR, STR-WT
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Snapper Merger Sub I, Inc.
SEC CIK
Corporate docs
Subsidiaries
Sitio Royalties GP, LLC • Sitio Royalties Operating Partnership, LP • STR Sub Inc. • MNRL Sub Inc. • Sitio Permian, LP • Sitio Eagle Ford, LP • Sitio Appalachia, LP • Sitio Nuevo, LP • Sitio Anadarko, LP • Sitio Rockies, LP ...
IRS number
884140242
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
PRE 14A
Preliminary proxy
15 Mar 24
8-K
Departure of Directors or Certain Officers
6 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Announces $200 Million share repurchase program and updated return of capital framework
28 Feb 24
8-K
Entry into a Material Definitive Agreement
27 Dec 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Sitio Royalties REPORTS THIRD QUARTER 2023 OPERATIONAL AND FINANCIAL RESULTS
8 Nov 23
Latest ownership filings
SC 13G/A
BlackRock Inc.
5 Apr 24
4
Brett S. Riesenfeld
5 Mar 24
4
Britton L. James
5 Mar 24
4
Jarret J. Marcoux
5 Mar 24
4
Carrie L. Osicka
5 Mar 24
4
Christopher L. Conoscenti
5 Mar 24
4
Andrew Dax McDavid
5 Mar 24
4
Jarret J. Marcoux
29 Feb 24
4
Brett S. Riesenfeld
29 Feb 24
4
Andrew Dax McDavid
29 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.34 mm | 1.34 mm | 1.34 mm | 1.34 mm | 1.34 mm | 1.34 mm |
Cash burn (monthly) | (no burn) | 1.46 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 10.23 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | -8.90 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | -6.1 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Christopher L. Conoscenti | Class A Common Stock | Payment of exercise | Dispose F | No | No | 23.15 | 4,797 | 111.05 k | 202,315 |
1 Mar 24 | Carrie L. Osicka | Class A Common Stock | Payment of exercise | Dispose F | No | No | 23.15 | 2,727 | 63.13 k | 88,818 |
1 Mar 24 | Brett S. Riesenfeld | Class A Common Stock | Payment of exercise | Dispose F | No | No | 23.15 | 3,962 | 91.72 k | 91,101 |
1 Mar 24 | Britton L. James | Class A Common Stock | Payment of exercise | Dispose F | No | No | 23.15 | 3,471 | 80.35 k | 69,425 |
1 Mar 24 | Jarret J. Marcoux | Class A Common Stock | Payment of exercise | Dispose F | No | No | 23.15 | 3,107 | 71.93 k | 71,473 |
News
Decoding 7 Analyst Evaluations For Sitio Royalties
22 Apr 24
Keybanc Maintains Overweight on Sitio Royalties, Raises Price Target to $29
22 Apr 24
Piper Sandler Maintains Overweight on Sitio Royalties, Raises Price Target to $28
19 Apr 24
Barclays Initiates Coverage On Sitio Royalties with Underweight Rating, Announces Price Target of $26
10 Apr 24
Decoding 6 Analyst Evaluations For Sitio Royalties
5 Apr 24