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Sitio Royalties Q2 2024 Earnings Report

Sitio Royalties EPS Results

Actual EPS
$0.15
Consensus EPS
$0.18
Beat/Miss
Missed by -$0.03
One Year Ago EPS
$0.25

Sitio Royalties Revenue Results

Actual Revenue
$168.55 million
Expected Revenue
$161.80 million
Beat/Miss
Beat by +$6.75 million
YoY Revenue Growth
+23.50%

Sitio Royalties Announcement Details

Quarter
Q2 2024
Time
After Market Closes
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Sitio Royalties Earnings Headlines

Sitio Royalties: Improved Future Production Outlook
PrairieSky Royalty: Still Too Expensive At 20 Times FFO
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Sitio Royalties price target raised to $28 from $27 at Piper Sandler
Truist Financial Reaffirms Their Buy Rating on Sitio Royalties (STR)
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About Sitio Royalties

Sitio Royalties (NYSE:STR) operates as oil and gas mineral and royalty company. The company acquires oil-weighted rights in productive and the United States basins. It has approximately 140,000 net royalty acres through the consummation of over 180 acquisitions. The company was founded in 2016 and is headquartered in Denver, Colorado.

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