STR Stock Recent News

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“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 will host a conference call at 8:30 a.m. Eastern on Wednesday, May 10, 2023 to discuss its first quarter 2023 operating and financial results.

Sitio Royalties Corp. (NYSE:STR ) Q4 2022 Results Conference Call March 9, 2023 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 Tim Rezvan - KeyBanc Capital Markets Jeanine Wai - Barclays Noel Parks - Tuohy Brothers Operator My name is Nadia, and I'll be coordinating the call today [Operator Instructions]. I will now hand you over to your host, Ross Wong, Vice President of Finance and Investor Relations, to begin.

Sitio Royalties (STR) delivered earnings and revenue surprises of 23.40% and 2.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Sitio Royalties (NYSE: STR ) may not be a household name, but if you're looking for high-quality energy plays, STR stock is a great choice. As you can likely infer from its corporate name, this isn't your typical oil & gas exploration and production company.

Not long ago, InvestorPlace contributor Josh Enomoto put Sitio Royalties (NYSE: STR ) on his list of seven short-squeeze stocks to buy before they soar. All seven of them look promising, but STR stock really caught my eye.

As much as we may recognize that short sellers perform a valuable service for the equities market, the concept of targeting short-squeeze stocks to buy just to penalize the pessimists carries cathartic value. Fundamentally, market bears operate like great white sharks.

Sitio expects to average around 33,500 BOEPD in production during the 12-month period ending June 2023. It is projected to generate $2.65 per share in distributable cash flow at the current 2023 strip of $74 WTI oil.

Start Time: 08:30 January 1, 0000 8:52 AM ET Sitio Royalties Corp. (NYSE:STR ) Q3 2022 Earnings Conference Call November 09, 2022, 08:30 AM ET Company Participants Chris Conoscenti - CEO Ross Wong - Senior Director of Corporate Finance and IR Conference Call Participants Jeanine Wai - Barclays Noel Parks - Tuohy Brothers Operator Ladies and gentlemen, welcome to the Sitio Royalties Third Quarter 2022 Earnings Call. My name is Grant, and I'll be monitoring today's call.

DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“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 will host a conference call at 8:30 a.m. Eastern on Wednesday, November 9, 2022 to discuss its third quarter 2022 operating and financial results. Participants can access the call by dialing 1-844-200-6205 in the United States or 1-929-5

As a result of the OPEC plus announcement to decrease oil production by 2 million barrels per day, WTI crude oil price increased to $92 per barrel. As a result of the merger with Brigham, Sitio's NRAs in the Permian Basin will increase by 31%.