Education
About Us
Working with TipRanks
Follow Us
Sitio Royalties (STR)
NYSE:STR
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.14Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -1.95%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Sitio Royalties' strong production growth, successful acquisitions, and significant capital returns to shareholders, supported by a robust financial position and technological advancements. However, increased cash G&A expenses and a slight decrease in the oil percentage of production were noted as challenges.Company Guidance
During the Sitio Royalties Fourth Quarter 2024 Earnings Call, the company provided guidance on several key metrics for 2025. Production guidance for 2025 is set at 18,500 barrels of oil per day and just under 40,000 barrels of oil equivalent per day (BOE/d), representing a 3% increase over the full year 2024 production. The company expects continued acquisition activity, with a strong pipeline leading to $350 million in acquisitions during 2024, including $140 million in the fourth quarter. Sitio also reported a robust return of capital to shareholders, with $330 million returned in 2024, equating to over 70% of discretionary cash flow. This builds on a cumulative return of nearly $850 million since going public in mid-2022, with expectations to exceed $1 billion in 2025. Additionally, Sitio highlighted significant operational efficiencies, including the use of AI models to recover $19 million in missing revenue payments, offsetting over two-thirds of cash G&A expenses. The company also emphasized its strong balance sheet with a borrowing base increase to $925 million and a 17% year-over-year reduction in interest expense per BOE.Record-Breaking Production
Sitio Royalties achieved a record fourth quarter production of about 41,000 barrels of oil equivalent per day, marking a 14% year-over-year increase.
Accretive Acquisitions
Closed 16 high-value acquisitions throughout the year, totaling more than $350 million, with fourth quarter deals adding 3,300 net royalty acres primarily in the Delaware Basin.
Financial Flexibility and Strong Balance Sheet
Borrowing base increased to $925 million and annual interest expense per BOE decreased by over 17% year-over-year.
Significant Return to Shareholders
Returned $330 million to shareholders in 2024, with expectations to exceed $1 billion in 2025.
Efficiency Gains through Technology
Refined asset management applications and AI models, capturing $19 million of missing revenue payments and significantly reducing data processing workload.
---
STR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
STR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $19.47 | $19.50 | +0.15% |
| Nov 06, 2024 | $23.55 | $24.64 | +4.63% |
| Aug 07, 2024 | $22.02 | $21.68 | -1.54% |
| May 08, 2024 | $22.14 | $22.68 | +2.44% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Sitio Royalties (STR) report earnings?
Sitio Royalties (STR) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Sitio Royalties (STR) earnings time?
Sitio Royalties (STR) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STR EPS forecast?
STR EPS forecast for the fiscal quarter 2025 (Q1) is 0.14.
---