Sitio Royalties: DJ Basin Acquisition Boosts FCF, But May Delay An Increased Payout Ratio [Seeking Alpha]
Sitio Royalties Corp. (STR)
US:NYSE Investor Relations:
ir.qepres.com/phoenix.zhtml?c=237732&p=irol-newsarticle&id=1499617
Company Research
Source: Seeking Alpha
The low purchase price multiple appears to be due to a high base decline rate and limited inventory. Sitio is projected to generate $2.75 per share in 2024 free cash flow. It may pay 35% to 65% of that out in dividends. An increased payout ratio may be delayed to 2026 due to Sitio's use of cash for its latest acquisition. Sitio Royalties ( NYSE: STR ) recently made a $150 million DJ Basin acquisition that helps boost its near-term free cash flow. This acquisition involves a relatively low 4.0x multiple to asset-level cash flow, which appears to be explained by limited Recommended For You Recommended For You About STR Stock
Show less
Read more
Impact Snapshot
Event Time:
STR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STR alerts
High impacting Sitio Royalties Corp. news events
Weekly update
A roundup of the hottest topics
STR
News
- Sitio Royalties Corp. (NYSE:STR) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Sitio Royalties First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Sitio Royalties Reports First Quarter 2024 Operational and Financial Results [Yahoo! Finance]Yahoo! Finance
- Sitio Royalties Reports First Quarter 2024 Operational and Financial ResultsBusiness Wire
- How to Find Strong Oils-Energy Stocks Slated for Positive Earnings Surprises [Yahoo! Finance]Yahoo! Finance
STR
Earnings
- 5/8/24 - Miss
STR
Sec Filings
- 6/26/24 - Form 4
- 6/26/24 - Form 3
- 6/26/24 - Form 8-K
- STR's page on the SEC website