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Stock impact report

Sitio Royalties Reports Second Quarter 2024 Operational and Financial Results [Yahoo! Finance]

Sitio Royalties Corp. (STR) 
Company Research Source: Yahoo! Finance
RETURN OF CAPITAL OF $0.71 PER SHARE FOR SECOND QUARTER 2024, COMPRISED OF $0.30 CASH DIVIDEND PER SHARE OF CLASS A COMMON STOCK AND $0.41 PER SHARE OF STOCK REPURCHASES RAISES FULL YEAR 2024 PRO FORMA PRODUCTION GUIDANCE TO 36,000 – 38,000 BOE/D AND LOWERS MIDPOINT OF FULL YEAR 2024 CASH TAX GUIDANCE BY $21.5 MILLION INCLUDING PREVIOUSLY ANNOUNCED DJ BASIN ACQUISITION DENVER, August 07, 2024 BUSINESS WIRE )--Sitio Royalties Corp. (NYSE: STR) ("Sitio", "STR" or the "Company") today announced operational and financial results for the quarter ended June 30, 2024. Unless the context clearly indicates otherwise, references to "we," "our," "us" or similar terms refer to Sitio and its subsidiaries. SECOND QUARTER 2024 OPERATIONAL, FINANCIAL AND ACQUISITION HIGHLIGHTS Average daily production volume of 39,231 barrels of oil equivalent per day ("Boe/d") (50% oil), an all-time high, up 11% relative to 1Q 2024 average daily production volume of 35,349 Boe/d (52% oil) and up 3% relati Show less Read more
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