Sitio Royalties Corp.

Sitio Royalties Corp.

STR-WT
Sitio Royalties Corp.US flagNew York Stock Exchange
0.01
USD
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1.46BMarket Cap
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Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

FRC

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

FRC

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Company Description

APIChat
CEO
Christopher L. Conoscenti
Full Time Employees
49
Sector
Basic Materials
Industry
Industrial Materials
Address
1401 Lawrence Street Denver CO United States of America 80202
Website
sitio.com
Business
Sitio Royalties Corp. (NYSE:STR; STR-WT) is a pure-play mineral and royalty company that acquires, owns, and manages high-quality oil and gas mineral and royalty interests across premium U.S. basins, leasing these assets to exploration and production companies for a percentage of commodity sales proceeds; its portfolio encompasses over 270,000 net royalty acres developed by more than 34,000 gross wells across diversified top-tier operators, with primary focus on the Permian Basin in West Texas and southeast New Mexico, supplemented by positions in the Eagle Ford in South Texas, DJ Basin in Colorado and Wyoming, Appalachia Basin in Pennsylvania, West Virginia and Ohio, Anadarko Basin in Oklahoma, and Williston Basin in North Dakota. Founded in 2016 and headquartered in Denver, Colorado, the company pursues large-scale consolidation through over 200 accretive acquisitions since inception, generating cash flows returned to shareholders via dividends and repurchases exceeding $980 million since its 2022 public listing. In August 2025, Sitio completed its acquisition by Viper Energy Inc., a Diamondback Energy subsidiary, in a $4.1 billion all-equity transaction approved by shareholders on August 18, 2025, creating a larger Permian-focused minerals entity with enhanced scale, over 85,700 net royalty acres in the basin, annual synergies exceeding $50 million, and a 10% dividend increase for the combined operations.