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Sitio Royalties Corp. (NYSE:STR ) Q2 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Ross Wong - Senior Director of Corporate Finance & Investor Relations Chris Conoscenti - Chief Executive Officer Conference Call Participants Jeanine Wai - Barclays Derrick Whitfield - Stifel Operator Good morning. My name is Samantha and I will be your conference operator today.
Sitio Royalties (STR) delivered earnings and revenue surprises of -41.79% and 10.86%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
STR announced the acquisition of 19,700 NRAs from Foundation Minerals and 12,200 NRAs from Momentum Minerals. The estimated annualized dividend payment is $2.88, which gives the forward dividend yield of 10.79% at the current share price.
DENVER--(BUSINESS WIRE)--Sitio Royalties Corp. (NYSE: STR) (“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 will host a conference call at 8:30 a.m. Eastern on Tuesday, August 9, 2022 to discuss its second quarter 2022 operating and financial results. Participants can access the call by dialing 1-888-440-5983 in the United States or 1-646-960-02