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    Amendment: SEC Form SCHEDULE 13D/A filed by Sitio Royalties Corp.

    6/4/25 9:49:05 PM ET
    $STR
    Oil & Gas Production
    Energy
    Get the next $STR alert in real time by email



    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D

    Under the Securities Exchange Act of 1934

    (Amendment No. 2)


    Sitio Royalties Corp.

    (Name of Issuer)


    Class A Common Stock, par value $0.0001 per share

    (Title of Class of Securities)


    82983N108

    (CUSIP Number)


    Richard Ting
    Oaktree Capital Group Holdings GP, LLC, 333 South Grand Avenue, 28th Floor
    Los Angeles, CA, 90071
    (213) 830-6300

    (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
    06/02/2025

    (Date of Event Which Requires Filing of This Statement)


    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Source Energy Permian II, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    5,610.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    5,610.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    5,610.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0.01 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 5,610 shares of Class A Common Stock ("Class A Shares"), issuable upon conversion of shares of Class C Common Stock ("Class C Shares") of the Issuer, which together with common units representing limited partnership interests of Sitio Royalties Operating Partnership, LP (the "Sitio Opco Partnership Units"), may together be redeemed for shares of Class A Common Stock of the Issuer, on a one-for-one basis. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Sierra Energy Royalties, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    2,502,880.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    2,502,880.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    2,502,880.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    2.69 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 2,502,880 Class A Shares, issuable upon conversion of Class C Shares and Sitio Opco Partnership Units, which may together be redeemed for shares of Class A Common Stock of the Issuer, on a one-for-one basis. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Source Energy Partners, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    OO
    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    12,935,120.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    12,935,120.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    12,935,120.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    13.91 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 12,935,120 Class A Shares, issuable upon conversion of Class C Shares and Sitio Opco Partnership Units, which may together be redeemed for shares of Class A Common Stock of the Issuer, on a one-for-one basis. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    OCM FIE, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    10,431.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    10,431.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    10,431.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0.01 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 10,431 Class A Shares. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Oaktree Capital Management L.P.
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    15,454,041.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    15,454,041.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    15,454,041.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    16.62 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 10,431 Class A Shares and (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units, which may together be redeemed for shares of Class A Common Stock of the Issuer, on a one-for-one basis. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Oaktree Capital Holdings, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    15,454,041.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    15,454,041.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    15,454,041.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    16.62 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 10,431 Class A Shares and (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units, which may together be redeemed for shares of Class A Common Stock of the Issuer, on a one-for-one basis. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Oaktree Capital Group Holdings GP, LLC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    DELAWARE
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    15,454,041.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    15,454,041.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    15,454,041.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    16.62 %
    14Type of Reporting Person (See Instructions)

    OO

    Comment for Type of Reporting Person:
    The reported securities represent 10,431 Class A Shares and (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units, which may together be redeemed for shares of Class A Common Stock of the Issuer, on a one-for-one basis. The reported percentage is calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares and Sitio Opco Partnership Units beneficially owned by the Reporting Persons.


    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Brookfield Corporation
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    CANADA (FEDERAL LEVEL)
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    0.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    0.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    0.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0 %
    14Type of Reporting Person (See Instructions)

    OO



    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    BAM Partners Trust
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    CANADA (FEDERAL LEVEL)
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    0.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    0.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    0.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0 %
    14Type of Reporting Person (See Instructions)

    OO



    SCHEDULE 13D

    CUSIP No.
    82983N108


    1 Name of reporting person

    Brookfield Asset Management ULC
    2Check the appropriate box if a member of a Group (See Instructions)

    Checkbox not checked  (a)
    Checkbox not checked  (b)
    3SEC use only
    4 Source of funds (See Instructions)

    5 Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

    Checkbox not checked
    6Citizenship or place of organization

    CANADA (FEDERAL LEVEL)
    Number of Shares Beneficially Owned by Each Reporting Person With:
    7Sole Voting Power

    0.00
    8Shared Voting Power

    0.00
    9Sole Dispositive Power

    0.00
    10Shared Dispositive Power

    0.00
    11Aggregate amount beneficially owned by each reporting person

    0.00
    12Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

    Checkbox not checked
    13Percent of class represented by amount in Row (11)

    0 %
    14Type of Reporting Person (See Instructions)

    OO



    SCHEDULE 13D

    Item 1.Security and Issuer
    (a)Title of Class of Securities:

    Class A Common Stock, par value $0.0001 per share
    (b)Name of Issuer:

    Sitio Royalties Corp.
    (c)Address of Issuer's Principal Executive Offices:

    1401 Lawrence Street, Suite 1750, Denver, COLORADO , 80202.
    Item 1 Comment:
    This Amendment No. 2 ("Amendment No. 2") to Schedule 13D amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on on March 13, 2023, as amended by the Schedule 13D/A filed on June 23, 2023 ("Amendment No. 1") and together with this Amendment No. 2 ("the Schedule 13D"). Except as set forth herein, the Schedule 13D remains in full force and effect. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Schedule 13D.
    Item 2.Identity and Background
    (a)
    Item 2(a) of the Schedule 13D is hereby amended and restated as follows: This Amendment No. 2 is filed as a joint statement pursuant to Rule 13d-1(k) under the Act by each of the following persons (collectively, the "Reporting Persons"): (i) Source Energy Permian II, LLC, a Delaware limited liability company ("Source"); (ii) Sierra Energy Royalties, LLC, a Delaware limited liability company ("Sierra"); (iii) Source Energy Partners, LLC, a Delaware limited liability company ("Source Energy"); (iv) OCM FIE, LLC, a Delaware limited liability company ("FIE"); (v) Oaktree Capital Management L.P., a Delaware limited partnership ("OCM LP"); (vi) Oaktree Capital Holdings, LLC (f/k/a Atlas OCM Holdings, LLC); (vii) Oaktree Capital Group Holdings GP, LLC, a Delaware Limited liability company (and together with each of the foregoing, the "Oaktree Reporting Persons"); (viii) Brookfield Corporation (f/k/a Brookfield Asset Management Inc.), an Ontario corporation ("Brookfield"); (ix) BAM Partners Trust, a trust formed under the laws of Ontario ("BAM Partnership"); and (x) Brookfield Asset Management ULC, a British Columbia corporation (and together with Brookfield and BAM Partnership, the "Brookfield Reporting Persons").
    (e)
    Item 2(e) of the Schedule 13D is hereby amended and restated in its entirety as follows: On September 25, 2024, the SEC accepted an offer by OCM LP to resolve an investigation involving Sections 13(d) and 16(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rules 13d-2 and 16a-3 thereunder, which require certain investors, like the Reporting Persons, that beneficially own the registered equity securities of a public company to file reports with the SEC of their beneficial ownership in the equity of the company, including changes in their beneficial ownership, within specified timeframes. OCM LP cooperated immediately and fully with the SEC's investigation, and, without admitting or denying the SEC's findings, in a settled proceeding agreed to cease and desist from committing or causing any violations and any future violations of Sections 13(d) and 16(a) of the Exchange Act and Rules 13d-2 and 16a-3 thereunder and to pay a $375,000 penalty.
    Item 4.Purpose of Transaction
     
    Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On June 2, 2025, Sitio Royalties Corp., a Delaware corporation ("Sitio") and Sitio Royalties Operating Partnership, LP, a Delaware limited partnership and a subsidiary of Sitio ("Sitio Opco"), entered into an Agreement and Plan of Merger, dated as of June 2, 2025, (the "Merger Agreement") with Viper Energy, Inc., a Delaware corporation ("Viper"), Viper Energy Partners LLC, a Delaware limited liability company ("Viper Opco"), New Cobra Pubco, Inc., a Delaware corporation and a wholly owned subsidiary of Viper ("New Parent"), Cobra Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of New Parent ("Viper Merger Sub"), and Scorpion Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of New Parent ("Sitio Merger Sub"). Pursuant to the terms of the Merger Agreement, Viper will acquire Sitio in an all-equity transaction through: (i) the merger of Viper Merger Sub with and into Viper, with Viper continuing as the surviving corporation and a wholly owned subsidiary of New Parent, (ii) the merger of Sitio Merger Sub with and into Sitio, with Sitio continuing as the surviving corporation and a wholly owned subsidiary of New Parent, and (iii) the merger of Sitio Opco with and into Viper Opco, with Viper Opco continuing as the surviving entity, in each case on the terms set forth in the Merger Agreement (collectively, the "Mergers"). Concurrently with the execution and delivery of the Merger Agreement, on June 2, 2025, Source Energy Leasehold LP, Source Energy Permian II, LLC, Permian Mineral Acquisitions, LP, and Sierra Energy Royalties, LLC entered into a Voting and Support Agreement (the "Voting and Support Agreement"), with the Issuer and Viper, pursuant to which the Reporting Persons have agreed, until the Voting and Support Agreement terminates in accordance with its terms (the "Lock-Up Period"), to vote their shares of Class A Common Stock and their shares of Class C Common Stock and Partnership Units, as applicable, in favor of the matters to be voted upon in connection with the Mergers, subject to the terms and conditions set forth in the Voting and Support Agreement. In addition, during the Lock-Up Period, the Reporting Persons shall not transfer their shares of Class A Common Stock or their shares of Class C Common Stock and Partnership Units, subject to certain customary exceptions. The foregoing description of the Voting and Support Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Voting and Support Agreement which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
    Item 5.Interest in Securities of the Issuer
    (a)
    Item 5(a) of the Schedule 13D is hereby amended and restated as follows: The information set forth on lines 11 and 13 of each cover page hereto is incorporated by reference into this Item 5(a). The percentages used in this Amendment No 2. are calculated based on (i) 77,517,671 Class A Shares outstanding as of May 2, 2025, as reported in the Issuers 10-Q filed May 7, 2025, as increased by (ii) 15,443,610 Class A Shares issuable upon conversion of Class C Shares beneficially owned by the Reporting Persons (including those underlying the Allocation Rights). Source directly holds 5,610 Class C Shares and an equivalent number of Sitio Opco Partnership Units. Sierra directly holds 2,502,880 Class C Shares and an equivalent number of Sitio Opco Partnership Units. Source Energy directly holds 12,935,120 Class C Shares and an equivalent number of Sitio Opco Partnership Units. FIE directly holds 10,431 Class A Shares. Oaktree Capital Management L.P., Oaktree Capital Holdings, LLC, and Oaktree Capital Group Holdings GP LLC, as the indirect managers of Source, Sierra, Source Energy, and FIE, can direct decisions regarding the vote and disposition of the reported securities and therefore may share beneficial ownership.
    (b)
    Item 5(b) of the Schedule 13D is hereby amended and restated as follows: The information set forth on lines 7-10 of each cover page hereto and in Item 5(a) hereof is incorporated by reference into this Item 5(b).
    (c)
    The Reporting Persons have not effected any transactions related to the Common Stock during the past 60 days.
    (d)
    Not applicable.
    (e)
    The Brookfield Reporting Persons, which previously reported together with the Oaktree Reporting Persons, have been determined to no longer act together with the Oaktree Reporting Persons, and therefore have ceased to be the beneficial owners of more than five percent of the securities covered by this Amendment No. 2.
    Item 6.Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
     
    Item 6 of the Schedule 13D is hereby amended to incorporate by reference the information set forth in Item 4 of this Statement: Except as set forth herein, none of the Reporting Persons has any contracts, arrangements, understandings, or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including, but not limited to, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.
    Item 7.Material to be Filed as Exhibits.
     
    Exhibit A Joint Filing Agreement, dated as of June 4, 2025. Exhibit B Voting and Support Agreement, dated as of June 2, 2025 by and among Viper Energy Inc., Source Energy Leasehold, LP, Sitio Royalties Corp., Source Energy Leasehold LP, Source Energy Permian II, LLC, Permian Mineral Acquisitions, LP, and Sierra Energy Royalties, LLC (incorporated by reference to Exhibit 10.3 of the Current Report on Form 8-K filed by the Issuer with the SEC on June 3, 2025).

        SIGNATURE 
     
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     
    Source Energy Permian II, LLC
     
    Signature:/s/ Luke Allen
    Name/Title:Luke Allen/Chief Executive Officer
    Date:06/04/2025
     
    Sierra Energy Royalties, LLC
     
    Signature:/s/ Luke Allen
    Name/Title:Luke Allen/Chief Executive Officer
    Date:06/04/2025
     
    Source Energy Partners, LLC
     
    Signature:/s/ Henry Orren
    Name/Title:Henry Orren/Senior Vice President
    Date:06/04/2025
     
    OCM FIE, LLC
     
    Signature:/s/ Henry Orren
    Name/Title:Henry Orren/Managing Director
    Date:06/04/2025
     
    Oaktree Capital Management L.P.
     
    Signature:/s/ Henry Orren
    Name/Title:Henry Orren/Maging Director
    Date:06/04/2025
     
    Oaktree Capital Holdings, LLC
     
    Signature:/s/ Henry Orren
    Name/Title:Henry Orren/Managing Director
    Date:06/04/2025
     
    Oaktree Capital Group Holdings GP, LLC
     
    Signature:/s/ Henry Orren
    Name/Title:Henry Orren/Managing Director
    Date:06/04/2025
     
    Brookfield Corporation
     
    Signature:/s/ Swati Mandava
    Name/Title:Swati Mandava/Managing Director, Legal & Regulatory
    Date:06/04/2025
     
    BAM Partners Trust
     
    Signature:/s/ Kathy Sarpash
    Name/Title:Kathy Sarpash/Secretary
    Date:06/04/2025
     
    Brookfield Asset Management ULC
     
    Signature:/s/ Kathy Sarpash
    Name/Title:Kathy Sarpash/Magaging Director, Legal & Regulatory
    Date:06/04/2025
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    • SEC Form SC 13G/A filed by Sitio Royalties Corp. (Amendment)

      SC 13G/A - STR Sub Inc. (0001703785) (Subject)

      2/9/24 9:59:04 AM ET
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    • Director Sult John R was granted 16,216 shares, increasing direct ownership by 18% to 104,955 units (SEC Form 4)

      4 - Sitio Royalties Corp. (0001949543) (Issuer)

      5/15/25 7:16:52 PM ET
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      Oil & Gas Production
      Energy
    • Director Lockshin Noam was granted 16,216 shares, increasing direct ownership by 47% to 51,037 units (SEC Form 4)

      4 - Sitio Royalties Corp. (0001949543) (Issuer)

      5/15/25 7:16:16 PM ET
      $STR
      Oil & Gas Production
      Energy
    • Director Burleson Gayle was granted 16,216 shares, increasing direct ownership by 49% to 48,995 units (SEC Form 4)

      4 - Sitio Royalties Corp. (0001949543) (Issuer)

      5/15/25 7:15:33 PM ET
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    Financials

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    • Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

      MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), and Sitio Royalties Corp. (NYSE:STR) ("Sitio") today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, including Sitio's net debt of approximately $1.1 billion as of March 31, 2025. The consideration will consist of 0.4855 shares of Class A common stock of a new holding company ("pro forma Viper") for each share of Sitio Class A common stock, and 0.4855 units of Viper's operating subsidiary, Viper

      6/3/25 6:30:53 AM ET
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      $STR
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      Energy
    • Sitio Royalties Reports First Quarter 2025 Operational and Financial Results

      First quarter total average daily production above high end of full year guidance range More than 30% quarter-over-quarter increase in net wells turned-in-line First quarter total return of capital of $0.50 per share, comprised of declared cash dividend of $0.35 per share and an equivalent $0.15 per share in common stock repurchases Share repurchase program extended, with additional $300 million authorized Since June 2022, cumulative return of capital to shareholders has exceeded $915 million, representing approximately 35% of current market capitalization(1) Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today announced first quarter 2025 operational and financial

      5/7/25 4:05:00 PM ET
      $STR
      Oil & Gas Production
      Energy
    • Sitio Royalties Issues Inaugural Quarterly Preview

      Company initiates two-stage quarterly reporting disclosure, aimed at accelerating access to key operating and financial metrics First quarter 2025 production of 18.9 MBbls/d oil and 42.1 MBoe/d total, exceeding the midpoint of full year Company guidance by 2% and 6%, respectively Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today issued a first quarter 2025 preview, reporting selected key operating and financial metrics. Sitio will report full operating and financial results for the first quarter 2025 on Wednesday, May 7, 2025, after the close of trading on the New York Stock Exchange. A conference call and webcast is planned for 7:30 a.m. CT / 8:30 a.m. ET on Thursd

      4/15/25 4:11:00 PM ET
      $STR
      Oil & Gas Production
      Energy

    $STR
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    • Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

      MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) ("Viper" or the "Company"), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) ("Diamondback"), and Sitio Royalties Corp. (NYSE:STR) ("Sitio") today announced that they have entered into a definitive agreement under which Viper will acquire Sitio in an all-equity transaction valued at approximately $4.1 billion, including Sitio's net debt of approximately $1.1 billion as of March 31, 2025. The consideration will consist of 0.4855 shares of Class A common stock of a new holding company ("pro forma Viper") for each share of Sitio Class A common stock, and 0.4855 units of Viper's operating subsidiary, Viper

      6/3/25 6:30:53 AM ET
      $FANG
      $STR
      $VNOM
      Oil & Gas Production
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    • Sitio Royalties Reports First Quarter 2025 Operational and Financial Results

      First quarter total average daily production above high end of full year guidance range More than 30% quarter-over-quarter increase in net wells turned-in-line First quarter total return of capital of $0.50 per share, comprised of declared cash dividend of $0.35 per share and an equivalent $0.15 per share in common stock repurchases Share repurchase program extended, with additional $300 million authorized Since June 2022, cumulative return of capital to shareholders has exceeded $915 million, representing approximately 35% of current market capitalization(1) Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today announced first quarter 2025 operational and financial

      5/7/25 4:05:00 PM ET
      $STR
      Oil & Gas Production
      Energy
    • Sitio Royalties Issues Inaugural Quarterly Preview

      Company initiates two-stage quarterly reporting disclosure, aimed at accelerating access to key operating and financial metrics First quarter 2025 production of 18.9 MBbls/d oil and 42.1 MBoe/d total, exceeding the midpoint of full year Company guidance by 2% and 6%, respectively Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today issued a first quarter 2025 preview, reporting selected key operating and financial metrics. Sitio will report full operating and financial results for the first quarter 2025 on Wednesday, May 7, 2025, after the close of trading on the New York Stock Exchange. A conference call and webcast is planned for 7:30 a.m. CT / 8:30 a.m. ET on Thursd

      4/15/25 4:11:00 PM ET
      $STR
      Oil & Gas Production
      Energy

    $STR
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    • Sitio Royalties Corp. upgraded by Barclays with a new price target

      Barclays upgraded Sitio Royalties Corp. from Underweight to Equal Weight and set a new price target of $21.00 from $23.00 previously

      4/23/25 6:47:55 AM ET
      $STR
      Oil & Gas Production
      Energy
    • Mizuho initiated coverage on Sitio Royalties Corp. with a new price target

      Mizuho initiated coverage of Sitio Royalties Corp. with a rating of Neutral and set a new price target of $22.00

      3/31/25 8:17:25 AM ET
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      Oil & Gas Production
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    • Sitio Royalties Corp. downgraded by KeyBanc Capital Markets

      KeyBanc Capital Markets downgraded Sitio Royalties Corp. from Overweight to Sector Weight

      10/16/24 7:38:22 AM ET
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    SEC Filings

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    • Amendment: SEC Form SCHEDULE 13D/A filed by Sitio Royalties Corp.

      SCHEDULE 13D/A - Sitio Royalties Corp. (0001949543) (Subject)

      6/4/25 9:49:05 PM ET
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      Oil & Gas Production
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    • Amendment: SEC Form SCHEDULE 13D/A filed by Sitio Royalties Corp.

      SCHEDULE 13D/A - Sitio Royalties Corp. (0001949543) (Subject)

      6/4/25 4:15:12 PM ET
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      Oil & Gas Production
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    • SEC Form 425 filed by Sitio Royalties Corp.

      425 - Sitio Royalties Corp. (0001949543) (Subject)

      6/3/25 9:56:43 PM ET
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