Barclays initiated coverage on Sitio Royalties Corp. with a new price target
$STR
Oil & Gas Production
Energy
Barclays initiated coverage of Sitio Royalties Corp. with a rating of Underweight and set a new price target of $26.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 9/4/2024 | $32.00 | Overweight | Stephens |
| 4/10/2024 | $26.00 | Underweight | Barclays |
| 1/30/2024 | $29.00 | Buy | Truist |
| 12/16/2022 | $36.00 | Overweight | KeyBanc Capital Markets |
Fourth quarter production up 14% Y-o-Y to Company record 40.9 MBoe/d Full year pro forma production exceeded high end of Company guidance(1) Closed three acquisitions in late 2024 for aggregate cash consideration of approximately $140 million; primarily located in the Delaware Basin and immediately accretive to cash flow per share Fourth quarter total return of capital of $0.49 per share, comprised of declared cash dividend of $0.41 per share and an equivalent $0.08 per share in common stock repurchases Since Falcon merger closed in June 2022, cumulative return of capital to shareholders has exceeded $840 million, representing nearly 30% of current market capitalization(2) Company
Sitio Royalties Corp. (NYSE:STR) ("Sitio") today announced that it will report operating and financial results for the fourth quarter and full year 2024 on Wednesday, February 26, 2025, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, February 27, 2025 to discuss its fourth quarter and full year 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-975-4839 in other locations, with access code 552754, or by webcast at https://events.q4inc.com/attendee/778319394. Participants may also pre-register for the event via the following link: https
Company reports production above guidance range with strong operator activity in Permian and DJ Basins 2024 outlook enhanced through legacy asset outperformance and impact of five acquisitions closed in third quarter Line of sight wells increased 11% Q-o-Q with higher operator activity and permitting in the Midland and DJ Basins Long-term debt reduced by approximately $56.5 million during the quarter Third quarter total return of capital of $0.47 per share, includes $29.0 million in common stock repurchases and planned payment of $0.28 per share dividend Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today announced third quarter 2024 operational and financial resul
SC 13G/A - Sitio Royalties Corp. (0001949543) (Subject)
SC 13G/A - Sitio Royalties Corp. (0001949543) (Subject)
SC 13G/A - STR Sub Inc. (0001703785) (Subject)
KeyBanc Capital Markets downgraded Sitio Royalties Corp. from Overweight to Sector Weight
Stephens initiated coverage of Sitio Royalties Corp. with a rating of Overweight and set a new price target of $32.00
Barclays initiated coverage of Sitio Royalties Corp. with a rating of Underweight and set a new price target of $26.00
4 - Sitio Royalties Corp. (0001949543) (Issuer)
4 - Sitio Royalties Corp. (0001949543) (Issuer)
4 - Sitio Royalties Corp. (0001949543) (Issuer)
Sitio Royalties Corp. (NYSE:STR) ("Sitio") today announced that it will report operating and financial results for the fourth quarter and full year 2024 on Wednesday, February 26, 2025, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, February 27, 2025 to discuss its fourth quarter and full year 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-975-4839 in other locations, with access code 552754, or by webcast at https://events.q4inc.com/attendee/778319394. Participants may also pre-register for the event via the following link: https
Company reports production above guidance range with strong operator activity in Permian and DJ Basins 2024 outlook enhanced through legacy asset outperformance and impact of five acquisitions closed in third quarter Line of sight wells increased 11% Q-o-Q with higher operator activity and permitting in the Midland and DJ Basins Long-term debt reduced by approximately $56.5 million during the quarter Third quarter total return of capital of $0.47 per share, includes $29.0 million in common stock repurchases and planned payment of $0.28 per share dividend Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today announced third quarter 2024 operational and financial resul
Sitio Royalties Corp. (NYSE:STR) ("Sitio") today announced that it will report operating and financial results for the third quarter of 2024 on Wednesday, November 6, 2024, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:30 a.m. Eastern on Thursday, November 7, 2024 to discuss its third quarter 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-975-4839 in other locations, with access code 296060, or by webcast at https://events.q4inc.com/attendee/861493711. Participants may also pre-register for the event via the following link: https://www.netroadshow.com/events/
SCHEDULE 13G/A - Sitio Royalties Corp. (0001949543) (Subject)
8-K - Sitio Royalties Corp. (0001949543) (Filer)
10-K - Sitio Royalties Corp. (0001949543) (Filer)