STR Stock Recent News

Sitio Royalties Corp. (NYSE:STR ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Ross Wong - Vice President of Finance and Investor Relations Chris Conoscenti - Chief Executive Officer Carrie Osicka - Chief Financial Officer Jarret Marcoux - Executive Vice President, Operations Dax McDavid - Executive Vice President of Corporate Development Conference Call Participants Neal Dingmann - Truist Jarrod Girou - Stephens Betty Zhang - Barclays Noel Parks - Tuohy Brothers Investment Operator Hello everyone, and welcome to the Sitio Royalties Third Quarter 2024 Earnings Conference Call. My name is Bruno and I'll be your operator for today.

Sitio Royalties (STR) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.23 per share a year ago.

Sitio Royalties (STR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sitio Royalties saw approximately 7% production growth from Q4 2023 to Q2 2024, proforma for various acquisitions and divestitures. It increased its full-year guidance modestly. Sitio's full-year guidance still implies a mid-to-high single digits decline in second half production though.

Sitio Royalties Corp. (NYSE:STR ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Ross Wong - Vice President of Finance and Investor Relations Chris Conoscenti - Chief Executive Officer Carrie Osicka - Chief Financial Officer Conference Call Participants Neal Dingmann - Truist Securities Noel Parks - Tuohy Brothers Investment John Vinh - KeyBanc Capital Markets Betty Zhang - Barclays Operator Hello everyone, and a warm welcome to the Sitio Royalties Second Quarter 2024 Earnings Call. My name is Emily and I'll be coordinating your call today.

Sitio Royalties (STR) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.25 per share a year ago.

Sitio Royalties (STR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“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 will host a conference call at 8:30 a.m. Eastern on Thursday, August 8, 2024 to discuss its second quarter 2024 operating and financial results. Participants can access the call by dialing 1-833-470-1428 in the United States, or 1-404-9.

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.

Sitio Royalties (STR) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 155.6%, on average.