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Sitio Royalties (STR)
NYSE:STR
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
0.15Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 2.46%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong performance with record production, robust financial results, strategic acquisitions, and high margins. However, there is caution due to the uncertainty in commodity prices and potential production decline. The overall sentiment leans positive but acknowledges challenges in the market environment.Company Guidance
During the Sitio Royalties first quarter 2025 earnings call, the company highlighted several key operational and financial metrics. Production reached a record level, increasing by 3% quarter-over-quarter to over 42,000 BOE per day, while net wells turned in line rose by 34% from Q4 2024. The company completed over $20 million in acquisitions, adding 1,315 net royalty acres, and reported an adjusted EBITDA of $142 million, up 1% from the previous quarter. Net income grew by 36% to $26 million, exceeding consensus estimates. The company declared a quarterly cash dividend of $0.35 per share and executed share repurchases totaling 1.1 million shares for $22 million, with a total return of capital of $0.50 per share. The Board extended the buyback plan, authorizing an additional $300 million in share repurchases, with current capacity at approximately $350 million. Sitio reported $1.1 billion in debt with $439 million available under its revolving credit facility, and adjusted net debt to free cash flow was approximately half of the peer group average. The company also updated its 2025 cash taxes guidance, reducing the estimate by $5 million to $23 million due to lower anticipated commodity prices.Record Production and Robust Activity
The first quarter of 2025 marked another record quarter of production for Sitio, supported by robust drilling and completion activity. Total production increased by 3% quarter-over-quarter, averaging over 42,000 BOE per day. Net wells turned in line were up 34% from the previous quarter.
Strong Financial Performance
Adjusted EBITDA was $142 million, a 1% increase from the prior quarter. Net income also rose to $26 million, representing a 36% increase over the same period. The results exceeded consensus estimates.
Strategic Acquisitions and Shareholder Returns
Over $20 million of acquisitions added 1,315 net royalty acres. The company repurchased 1.1 million shares for $22 million, equating to $0.15 per share in repurchases. A cash dividend of $0.35 per share was declared, with a total return of capital of $0.50 per share.
Lean Cost Structure and High Margins
Sitio reported a lean cost structure with adjusted EBITDA margins at 90%. The company is positioned to generate meaningful free cash flow even in lower commodity price environments.
Increased Inventory and Operator Quality
Inventory increased by 40 additional net normalized locations, a 10% quarter-over-quarter increase. The company has a diverse portfolio with operators like Exxon, Chevron, and Conoco.
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 |
|---|---|---|---|
May 07, 2025 | $16.69 | $17.64 | +5.69% |
Feb 26, 2025 | $18.68 | $18.71 | +0.16% |
Nov 06, 2024 | $22.60 | $23.64 | +4.60% |
Aug 07, 2024 | $21.13 | $20.81 | -1.51% |
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 Aug 06, 2025, TBA Not Confirmed.
What is Sitio Royalties (STR) earnings time?
Sitio Royalties (STR) earnings time is at Aug 06, 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 (Q2) is 0.05.