STR

Sitio Royalties Corp. is a U.S.-based energy company focused on acquiring and managing mineral and royalty interests related to oil and natural gas production.

• Owns mineral and royalty interests across major U.S. oil and gas basins.

• Generates revenue from royalties paid by operators extracting hydrocarbons from its properties.

• Maintains an asset-light model without direct involvement in drilling or production activities.

• Benefits from exposure to commodity prices through production-based royalty income.

• Expands its portfolio through acquisitions of mineral rights and royalty interests.

Sitio Royalties’ business model centers on owning mineral rights that entitle the company to a share of production revenue when oil and gas are extracted by third-party operators. This structure allows the company to generate cash flow without directly funding exploration, drilling, or operational infrastructure.

Its portfolio is diversified across several major U.S. producing regions, with exposure to some of the most active oil and gas basins in the country. Revenue levels are influenced primarily by production volumes and market prices for crude oil and natural gas.

Sitio Royalties Corp. is listed on the New York Stock Exchange (NYSE) under the ticker STR.

History and Development

Sitio Royalties was formed to pursue a strategy centered on acquiring mineral and royalty interests tied to oil and gas production in the United States.

From its early stages, the company focused on building a diversified portfolio of royalty assets located in high-productivity basins, aiming to generate recurring revenue from hydrocarbon extraction.

Growth has largely occurred through acquisitions and consolidation of mineral rights, allowing the company to scale its portfolio while maintaining a capital-efficient operating structure.

Today, Sitio Royalties operates as a publicly traded mineral and royalty company focused on portfolio expansion, asset diversification, and generating cash flow from U.S. energy production.