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Sitio Royalties Corp (STR)

NYSE
Currency in USD
21.80
-0.53(-2.37%)
Closed
After Hours
22.22+0.42(+1.93%)
STR Scorecard
Full Analysis
Net income is expected to grow this year
High dividend Yield
Fair Value
Day's Range
21.5022.39
52 wk Range
19.8825.95
Key Statistics
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Prev. Close
22.33
Open
22.38
Day's Range
21.5-22.39
52 wk Range
19.88-25.95
Volume
473.5K
Average Volume (3m)
704.58K
1-Year Change
3.46%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
27.71
Upside
+27.11%
Members' Sentiments
Bearish
Bullish
ProTips
2 analysts have revised their earnings downwards for the upcoming period
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Sitio Royalties Corp Company Profile

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.

Industry
Oil & Gas
Sector
Energy
Employees
62

Sitio Royalties Corp SWOT Analysis


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
Read full SWOT analysis
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Sitio Royalties Corp Earnings Call Summary for Q4/2024

  • Completed 5 DJ Basin acquisitions, adding 2,300 net royalty acres; raised 2024 production guidance midpoint by 1,000 BOEs/d
  • Reduced total debt by $60M, decreasing interest expense 18% YoY; returned over $765M to shareholders since June 2022 IPO
  • Committed to returning u226565% of discretionary cash flow to shareholders; dividend yield 3.5x S&P 500 average
  • Line-of-Sight wells increased to 9,000, mainly in Permian and DJ Basins; active acquisition strategy focuses on DJ Basin
  • Addressing Permian infrastructure concerns; new pipeline projects planned to improve regional capacity
Last Updated: 08/11/2024, 11:02 pm
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Compare STR to Peers and Sector

Metrics to compare
STR
Peers
Sector
Relationship
P/E Ratio
−359.6x13.6x4.6x
PEG Ratio
3.04−0.260.00
Price/Book
2.3x1.9x1.1x
Price / LTM Sales
5.4x2.5x1.1x
Upside (Analyst Target)
28.4%21.2%32.4%
Fair Value Upside
Unlock−0.4%9.9%Unlock

Analysts' Recommendations

5 Buy
1 Hold
1 Sell
Ratings:
7 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 27.71

(+27.13% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -0.059
Dividend Yield
5.14%
Industry Median 3.99%
Annualised payout
1.1200
Paid quarterly
5-Years Growth
-
Growth Streak

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FAQ

What Is the Sitio Royalties (STR) Stock Price Today?

The Sitio Royalties stock price today is 21.80

What Stock Exchange Does Sitio Royalties Trade On?

Sitio Royalties is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Sitio Royalties?

The stock symbol for Sitio Royalties is "STR."

Does Sitio Royalties Pay Dividends? What’s The Current Dividend Yield?

The Sitio Royalties dividend yield is 5.14%.

What Is the Sitio Royalties Market Cap?

As of today, Sitio Royalties market cap is 1.73B.

What is Sitio Royalties Earnings Per Share?

The Sitio Royalties EPS is -0.059.

What Is the Next Sitio Royalties Earnings Date?

Sitio Royalties will release its next earnings report on 25 Feb 2025.

From a Technical Analysis Perspective, Is STR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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