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Stock impact report

Sitio Royalties Reports Fourth Quarter and Full Year 2023 Operational and Financial Results, Recent Developments, and Provides Full Year 2024 Guidance [Yahoo! Finance]

Sitio Royalties Corp. (STR) 
Company Research Source: Yahoo! Finance
Closed on Previously Announced Sale of Anadarko and Appalachia Assets for $114 Million Declared $0.51 Dividend Per Share of Class A Common Stock for Fourth Quarter 2023 Issues Full Year 2024 Financial and Operational Guidance, With Pro Forma Production Range of 35,000 – 38,000 Boe/d (49% – 51% Oil) DENVER, February 29, 2024 BUSINESS WIRE )--Sitio Royalties Corp. (NYSE: STR) ("Sitio", "STR" or the "Company") today announced operational and financial results for the quarter and year ended December 31, 2023. Unless the context clearly indicates otherwise, references to "we," "our," "us" or similar terms refer to Sitio and its subsidiaries. FOURTH QUARTER 2023 OPERATIONAL AND FINANCIAL HIGHLIGHTS 4Q 2023 average daily production volume of 35,776 barrels of oil equivalent per day ("Boe/d") (47% oil); Pro forma 4Q 2023 average daily production volume of 36,623 Boe/d (49% oil) Declared 4Q 2023 dividend of $0.51 per share of Class A Common Stock, an increase of $0.02 per share, o Show less Read more
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