Sitio Royalties (STR) delivered earnings and revenue surprises of -21.05% and 6.01%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
DENVER (AP) — Sitio Royalties Corp. STR) on Wednesday reported second-quarter net income of $12.9 million. The Denver-based company said it had net income of 15 cents per share.
DENVER, August 07, 2024--Sitio Royalties Corp. (NYSE: STR) ("Sitio", "STR" or the "Company") today announced operational and financial results for the quarter ended June 30, 2024. Unless the context clearly indicates otherwise, references to "we," "our," "us" or similar terms refer to Sitio and its subsidiaries.