Sitio Royalties Corp. (STR) has disclosed a new risk, in the Corporate Activity and Growth category.
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The Merger Agreement of Sitio Royalties Corp. includes restrictive provisions that could hinder the company’s ability to explore potentially more lucrative alternatives. These provisions may deter third parties from submitting competing proposals that could offer greater value to shareholders. Additionally, they could result in potential acquirers proposing lower per share prices than they might have otherwise considered. Such limitations could ultimately affect the company’s strategic flexibility and shareholder returns.
The average STR stock price target is $24.00, implying 31.36% upside potential.
To learn more about Sitio Royalties Corp.’s risk factors, click here.