Sitio Royalties Corp. (NYSE:STR) Drops from S&P TMI Index, Focused on Mineral and Royalty Interests in US Basins

Sitio Royalties Corp. (NYSE:STR) has been removed from the S&P TMI Index. The company acquires, owns, and manages mineral and royalty interests across the US, with a focus on the Permian Basin in West Texas and Southeast New Mexico. They lease these interests to oil and gas E&P companies, receiving a percentage of proceeds from commodity sales. Sitio Royalties Corp. owns mineral and royalty interests representing over 252,300 net royalty acres.