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Sitio Royalties Corp. acquires, owns, and manages mineral and royalty interests across premium basins in the United States. The company’s portfolio comprising mineral and royalty interests in the Permian basin located in West Texas and southeastern New Mexico; the Eagle Ford basin located in South Texas; the DJ basin located in Northeast Colorado and Southeast Wyoming; and the Williston basin including the Bakken located in North Dakota. The company was founded in 2016 and is headquartered in Denver, Colorado.
Production Prowess | Sitio Royalties Corp. demonstrates robust production performance, consistently beating expectations despite industry challenges and lower projected Turn-In-Line counts. |
M&A Growth Strategy | Explore Sitio's aggressive mergers and acquisitions approach, driving production growth and enhancing backlog visibility in a competitive U.S. oil and gas landscape. |
Financial Headwinds | Delve into the impact of higher cash taxes on Sitio's financial outlook, as analysts trim estimates despite the company's strong operational performance. |
Valuation Insights | Analyst price targets for Sitio range from $23 to $32, reflecting varied perspectives on the company's ability to navigate production challenges and capitalize on growth opportunities. |
Metrics to compare | STR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipSTRPeersSector | |
---|---|---|---|---|
P/E Ratio | 34.2x | 5.3x | 4.8x | |
PEG Ratio | 0.14 | 0.14 | 0.00 | |
Price/Book | 1.9x | 0.8x | 1.1x | |
Price / LTM Sales | 4.3x | 0.8x | 1.1x | |
Upside (Analyst Target) | 47.1% | 30.9% | 21.5% | |
Fair Value Upside | Unlock | 12.5% | 10.0% | Unlock |