Sitio Royalties Corp. acquires, owns, and manages mineral and royalty interests across premium basins in the United States. The company’s portfolio comprising of mineral and royalty interests in the Permian basin located in West Texas and southeastern New Mexico; the Eagle Ford basin located in South Texas; the DJ basin located in Colorado and Wyoming; and the Williston basin located in North Dakota. The company was founded in 2016 and is headquartered in Denver, Colorado.
Royalty Resilience | Sitio Royalties Corp. demonstrates strong Q2 performance, surpassing production expectations and delivering higher-than-anticipated shareholder payouts |
Future Uncertainties | Explore the challenges Sitio faces with projected lower Turn-In-Line counts and their potential impact on production trajectory and financial performance |
M&A Landscape Shift | Delve into Sitio's positioning within a changing industry, as M&A activities reshape the oil and gas royalties secto |
Analyst Perspectives | Despite strong Q2 results, some analysts maintain a cautious "Underweight" rating with a $27.00 price target, reflecting complex market dynamics |
Metrics to compare | STR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipSTRPeersSector | |
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P/E Ratio | −359.6x | 13.6x | 4.6x | |
PEG Ratio | 3.04 | −0.26 | 0.00 | |
Price/Book | 2.3x | 1.9x | 1.1x | |
Price / LTM Sales | 5.4x | 2.5x | 1.1x | |
Upside (Analyst Target) | 28.4% | 21.2% | 32.4% | |
Fair Value Upside | Unlock | −0.4% | 9.9% | Unlock |