New activity is brewing for Sitio Royalties ( (STR) ). The company has submitted a Form DEFM14A to the SEC, indicating an upcoming shareholder vote. This form gives shareholders all the information they need to develop an informed vote. Read on to learn more about the proposed company action.
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On June 2, 2025, Sitio Royalties Corp. and Viper Energy, Inc. announced a merger agreement, resulting in the formation of a new holding company, New Viper, which will be renamed Viper Energy, Inc. This all-equity transaction will see Sitio and Viper become wholly owned subsidiaries of New Viper, with Viper stockholders owning approximately 80% and Sitio stockholders 20% of the new entity. The merger is expected to enhance the combined company’s market presence and operational efficiency, with shares to be listed on the Nasdaq Stock Market.
The most recent analyst rating on (STR) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Sitio Royalties stock, see the STR Stock Forecast page.
Spark’s Take on STR Stock
According to Spark, TipRanks’ AI Analyst, STR is a Outperform.
The overall stock score is primarily driven by strong financial performance and positive corporate events, including a strategic merger. Despite the strong earnings call, technical analysis presents some caution with negative momentum indicators. The high dividend yield is a significant valuation highlight, though the P/E ratio suggests potential overvaluation.
To see Spark’s full report on STR stock, click here.
More about Sitio Royalties
Sitio Royalties Corp. operates in the energy sector, focusing on the acquisition and management of mineral and royalty interests. The company is primarily engaged in the oil and gas industry, with its market focus on leveraging its assets in the Permian Basin.
Average Trading Volume: 1,274,989
Technical Sentiment Signal: Sell
Current Market Cap: $2.66B
Find detailed analytics on STR stock on TipRanks’ Stock Analysis page.