Sitio Royalties Corp. ( (STR) ) has released its Q2 earnings. Here is a breakdown of the information Sitio Royalties Corp. presented to its investors.
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Sitio Royalties Corp. is a company focused on the consolidation of high-quality oil and gas mineral and royalty interests across premium basins, aiming to generate cash flow for shareholder returns and reinvestment. In its second quarter of 2025, Sitio Royalties reported a net income of $14.5 million and an Adjusted EBITDA of $125.4 million, with production figures reaching 19.3 thousand barrels of oil per day and 41.9 thousand barrels of oil equivalent per day. The company also closed $6.0 million in acquisitions and repurchased $8.9 million worth of Class A common stock.
Key financial highlights include a total return of capital of $0.42 per share, comprising a $0.36 cash dividend and $0.06 in stock repurchases. Sitio’s strategic moves also involved a proposed merger with Viper Energy, Inc., expected to close in the third quarter of 2025, which has led the company to discontinue providing forward-looking guidance.
Sitio’s financial results showed average realized prices of $63.03 per barrel of oil and $1.43 per Mcf of natural gas, with hedged prices slightly higher. The company maintained liquidity of $437.2 million and a total debt of $1.1 billion. Production taxes increased to 8.8%, while depreciation and administrative costs saw a decrease compared to the previous year.
Looking ahead, Sitio Royalties Corp. is poised for a significant transition with the upcoming merger with Viper Energy, which could potentially enhance its operational scale and shareholder value. The company remains committed to its strategy of shareholder returns and operational efficiency.