STR(Delisted)
Sitio RoyaltiesยทNYSE
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STR Profile
Sitio Royalties Corp.
A company that explores and produces oil and natural gas assets in the United States
1401 Lawrence Street, Suite 1750, Denver, CO 80202
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Sitio Royalties Corp., a Delaware corporation, was founded on September 2, 2022. The company acquires, owns and manages high-quality mineral and royalty interests in high-quality basins in the United States with the goal of generating cash flow from operations that can be distributed to shareholders as dividends, used to repay debt, and reinvested to expand its cash flow generating asset base. The company leases its mineral interests to oil and gas exploration and production companies. The company's lease allows exploration and production companies to explore and produce oil, natural gas and natural gas liquids from it, and entitles Sitio to a percentage of the proceeds from the sale of these commodities.
