Sitio Royalties Corp. (STR)
Sitio Royalties Corp. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Denver, CO, US. The stock last traded at $18.12, down 0.98% on the session, giving a market capitalisation of $1.41B. On trailing twelve-month figures it carries a trailing P/E of 87.71, a net margin of 5.7%. Its beta of 1.31 implies it has historically moved more than the broad market.
Sitio Royalties Corp. functions as a company specializing in oil and gas mineral and royalty interests. It strategically acquires rights, primarily weighted towards oil, across productive basins located throughout the United States. Through the completion of more than 180 separate purchases, the firm has accumulated a portfolio of roughly 140,000 net royalty acres. The company was founded in 2016 and maintains its corporate headquarters in Denver, Colorado.
Sitio Royalties Corp. is most often compared with the following Basic Materials names: