Stephens initiated coverage on Sitio Royalties Corp. with a new price target
$STR
Oil & Gas Production
Energy
Stephens initiated coverage of Sitio Royalties Corp. with a rating of Overweight and set a new price target of $32.00
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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 |
Truist Securities analyst Neal Dingmann maintains Sitio Royalties (NYSE:STR) with a Buy and lowers the price target from $33 to $31.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector. Kimbell Royalty Partners, LP (NYSE:KRP) Dividend Yield: 10.84% Raymond James analyst John Freeman maintained a Strong Buy rating and
Barclays analyst Betty Jiang maintains Sitio Royalties (NYSE:STR) with a Underweight and raises the price target from $26 to $27.
SC 13G/A - Sitio Royalties Corp. (0001949543) (Subject)
SC 13G/A - Sitio Royalties Corp. (0001949543) (Subject)
SC 13G/A - STR Sub Inc. (0001703785) (Subject)
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/
RECORD HIGH AVERAGE DAILY PRODUCTION VOLUME OF 39,231 BOE/D (50% OIL) RETURN OF CAPITAL OF $0.71 PER SHARE FOR SECOND QUARTER 2024, COMPRISED OF $0.30 CASH DIVIDEND PER SHARE OF CLASS A COMMON STOCK AND $0.41 PER SHARE OF STOCK REPURCHASES RAISES FULL YEAR 2024 PRO FORMA PRODUCTION GUIDANCE TO 36,000 – 38,000 BOE/D(1) AND LOWERS MIDPOINT OF FULL YEAR 2024 CASH TAX GUIDANCE BY $21.5 MILLION INCLUDING PREVIOUSLY ANNOUNCED DJ BASIN ACQUISITION(2), CLOSED 7 ACQUISITIONS DURING SECOND QUARTER 2024, ADDING 14,996 NRAS ACROSS THE DJ, DELAWARE, AND MIDLAND BASINS Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today announced operational and financial results for the quar
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)
3 - Sitio Royalties Corp. (0001949543) (Issuer)
4 - Sitio Royalties Corp. (0001949543) (Issuer)
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/
RECORD HIGH AVERAGE DAILY PRODUCTION VOLUME OF 39,231 BOE/D (50% OIL) RETURN OF CAPITAL OF $0.71 PER SHARE FOR SECOND QUARTER 2024, COMPRISED OF $0.30 CASH DIVIDEND PER SHARE OF CLASS A COMMON STOCK AND $0.41 PER SHARE OF STOCK REPURCHASES RAISES FULL YEAR 2024 PRO FORMA PRODUCTION GUIDANCE TO 36,000 – 38,000 BOE/D(1) AND LOWERS MIDPOINT OF FULL YEAR 2024 CASH TAX GUIDANCE BY $21.5 MILLION INCLUDING PREVIOUSLY ANNOUNCED DJ BASIN ACQUISITION(2), CLOSED 7 ACQUISITIONS DURING SECOND QUARTER 2024, ADDING 14,996 NRAS ACROSS THE DJ, DELAWARE, AND MIDLAND BASINS Sitio Royalties Corp. (NYSE:STR) ("Sitio", "STR" or the "Company") today announced operational and financial results for the quar
10-Q - Sitio Royalties Corp. (0001949543) (Filer)
8-K - Sitio Royalties Corp. (0001949543) (Filer)
8-K - Sitio Royalties Corp. (0001949543) (Filer)