Articles from Sitio Royalties Corp.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, “STR” or the “Company”) today announced third quarter 2024 operational and financial results. Robust production, coupled with strong year-to-date performance and the positive impact from five recent acquisitions, allowed the Company to enhance its 2024 outlook. Supplemental slides have been posted to Sitio’s website, www.sitio.com. A conference call and webcast is planned for 7:30 a.m. CT / 8:30 a.m. ET on Thursday, November 7, 2024. Participation details can be found within this release.

Sitio Royalties Corp. (NYSESTR) (“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 Royalties Corp. (NYSESTR) (“Sitio”, “STR” or the “Company”) today announced operational and financial results for the quarter ended June 30, 2024. Unless the context clearly indicates otherwise, references to “we,” “our,” “us” or similar terms refer to Sitio and its subsidiaries.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the second quarter of 2024 on Wednesday, August 7, 2024, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, “STR” or the “Company”) today announced operational and financial results for the quarter ended March 31, 2024. Unless the context clearly indicates otherwise, references to “we,” “our,” “us” or similar terms refer to Sitio and its subsidiaries.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the first quarter of 2024 on Wednesday, May 8, 2024, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, “STR” or the “Company”) today announced operational and financial results for the quarter and year ended December 31, 2023. Unless the context clearly indicates otherwise, references to “we,” “our,” “us” or similar terms refer to Sitio and its subsidiaries.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the fourth quarter of 2023 on Wednesday, February 28, 2024, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio,” “STR” or the “Company”) today announced operational and financial results for the quarter ended September 30, 2023. Unless the context clearly indicates otherwise, references to “we,” “our,” “us” or similar terms refer to Sitio and its subsidiaries.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the third quarter of 2023 on Wednesday, November 8, 2023, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio” or the “Company”) today announced the pricing of $600 million in aggregate principal amount of senior unsecured notes due 2028 (the “Notes”) by its subsidiaries, Sitio Royalties Operating Partnership, LP (the “Partnership”), and Sitio Finance Corp. (the “Co-Issuer” and together with the Partnership, the “Issuers”). The size of the offering was increased from $500 million. The Notes will accrue interest at a rate of 7.875% per annum, will mature on November 1, 2028, and were priced at par.

Sitio Royalties Corp. (NYSESTR) (“Sitio” or the “Company”) today announced that its subsidiaries, Sitio Royalties Operating Partnership, LP (the “Partnership”) and Sitio Finance Corp. (the “Co-Issuer” and together with the Partnership, the “Issuers”), subject to market conditions, intend to offer and sell to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside of the United States pursuant to Regulation S under the Securities Act, $500 million in aggregate principal amount of senior unsecured notes due 2028 (the “Notes Offering”). The Issuers intend to use the net proceeds from the Notes Offering to (i) fund the redemption of all of the outstanding aggregate principal amount of the Partnership’s senior unsecured notes due 2026 (the “Existing 2026 Notes,” and such redemption, the “2026 Notes Redemption”), which is expected to occur concurrently with or shortly following the consummation of the Notes Offering, and (ii) repay a portion of the outstanding borrowings under the Partnership’s revolving credit facility.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended June 30, 2023. Unless the context clearly indicates otherwise, references to "we," "our," "us" or similar terms refer to Sitio.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the second quarter of 2023 on Tuesday, August 8, 2023, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio,” "STR" or the “Company”) today announced operational and financial results for the quarter ended March 31, 2023. Unless the context clearly indicates otherwise, references to "we," "our," "us" or similar terms refer to Sitio.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the first quarter of 2023 on Tuesday, May 9, 2023, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended December 31, 2022.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the fourth quarter of 2022 on Wednesday, March 8, 2023, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio” or the “Company”) and Brigham Minerals, Inc. (“Brigham”) today announced the successful completion of their merger, combining as Sitio Royalties Corp. The combination brings together two of the largest public companies in the mineral and royalty sector with complementary high-quality assets in the Permian Basin and other oil-focused regions, creating an industry leader with a proven track record of consolidating oil and gas mineral and royalty interests operated by a diverse set of E&P companies.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended September 30, 2022.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the third quarter of 2022 on Tuesday, November 8, 2022, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio”, "STR" or the “Company”) today announced operational and financial results for the quarter ended June 30, 2022.

Sitio Royalties Corp. (NYSESTR) (“Sitio” or the “Company”) today announced it has completed the previously announced acquisition of over 12,200 net royalty acres (“NRAs,” when normalized to a 1/8th royalty equivalent) in the Permian Basin from Momentum Minerals, a Houston-based portfolio company of funds and accounts managed or advised by affiliates of Apollo Global Management, Inc. (the “Momentum Acquisition”). The Momentum Acquisition was funded by an approximately $22 million deposit paid in June of 2022, and the remaining approximately $191 million, after giving effect to purchase price adjustments, was funded utilizing a $175 million draw on Sitio’s 364-day unsecured term loan, borrowings on the Company’s revolving credit facility and cash on hand. Following the Momentum Acquisition closing, Sitio had a total of $425 million drawn on its 364-day unsecured term loan.

Sitio Royalties Corp. (NYSESTR) (“Sitio”) today announced that it will report operating and financial results for the second quarter of 2022 on Monday, August 8, 2022, after the close of trading on the New York Stock Exchange.

Sitio Royalties Corp. (NYSESTR) (“Sitio” or the “Company”) today announced it has (i) completed the acquisition of over 19,700 net royalty acres ("NRAs") in the Permian Basin from Foundation Minerals, a Midland-based portfolio company of Quantum Energy Partners, for approximately $323 million (the “Foundation Acquisition”) and (ii) entered into a definitive purchase and sale agreement to acquire over 12,200 NRAs in the Permian Basin from Momentum Minerals, a Houston-based portfolio company of funds and accounts managed or advised by affiliates of Apollo Global Management, for approximately $224 million (the “Momentum Acquisition” and together with the Foundation Acquisition, the “Acquisitions”). The Foundation Acquisition was funded utilizing borrowings under the Company’s credit facility and proceeds from a 364-day unsecured bridge loan facility, and the Momentum Acquisition is expected to be funded utilizing debt financing and close in the third quarter of 2022, subject to customary closing conditions.

Desert Peak Minerals (“Desert Peak”) and Falcon Minerals Corporation (“Falcon”) today announced the successful completion of their merger, creating Sitio Royalties Corp. (Nasdaq: STR) (the “Company” or “Sitio”), a premier, shareholder returns-driven company focused on large-scale consolidation of high-quality oil & gas mineral and royalty interests across diversified operators.