Sitio Royalties (STR)

• Market cap: $1.73B
• 1 day: -0.32%
• 5 days: 0.97%
• 1 month: 17.72%
• 3 months: -3.40%
• 6 months: -11.50%
• Year to date: 10.29%
• 1 year: -0.95%
• 5 years: -27.50%
• 10 years: -27.50%
• Sector: Energy
• Industry: Crude Petroleum & Natural Gas

About: Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

Employees: 62

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

539% more call options, than puts

Call options by funds: $7.61M | Put options by funds: $1.19M

38% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 26

4% more funds holding

Funds holding: 202 [Q2] → 210 (+8) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

5% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 76

4.39% less ownership

Funds ownership: 153.72% [Q2] → 149.33% (-4.39%) [Q3]

14% less capital invested

Capital invested by funds: $2.93B [Q2] → $2.51B (-$420M) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $28 28% upside
• Avg. target: $29 33% upside
• High target: $30 37% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Truist Securities Neal Dingmann 61% 1-year accuracy 97 / 159 met price target	37% upside $30	Buy Maintained	13 Jan 2025
Piper Sandler Mark Lear 53% 1-year accuracy 96 / 181 met price target	28% upside $28	Overweight Maintained	18 Nov 2024