Sitio Royalties Earnings Reports

Sitio Royalties reported a net income of $14.5 million and an Adjusted EBITDA of $125.4 million for the second quarter of 2025. The company's total average daily production was 41.9 thousand barrels of oil equivalent per day, with oil production at 19.3 thousand barrels per day. The company also turned-in-line 8.7 net wells and closed $6.0 million in acquisitions.

Sitio Royalties delivered strong first quarter 2025 results, exceeding production guidance and reporting increased net income and Adjusted EBITDA compared to the prior year. The company continued its focus on returning capital to shareholders through dividends and share repurchases, and authorized an additional $300 million for share buybacks.

Sitio Royalties announced robust third quarter 2024 operational and financial results, with production above guidance, strong year-to-date performance, and positive impacts from recent acquisitions. The company reported net income of $27.9 million and Adjusted EBITDA of $135.4 million, while reducing long-term debt by approximately $56.5 million.

Sitio Royalties reported a record high average daily production volume of 39,231 Boe/d (50% oil) for Q2 2024, an 11% increase from Q1 2024. Net income rose by 55% to $29.0 million, primarily due to higher oil, natural gas, and natural gas liquids revenues and lower commodity derivatives losses. The company also returned $0.71 per share to shareholders through cash dividends and stock repurchases.

Sitio Royalties achieved a record pro forma average daily production volume of 37,970 Boe/d in Q1 2024, a 3.7% increase from the previous quarter. The company reported a net income of $18.7 million, a substantial improvement from a net loss in Q4 2023, primarily due to lower operating expenses. Sitio also returned $0.49 per share to shareholders through dividends and stock repurchases.

Sitio Royalties reported a record high average quarterly production volume of 18,925 Boe/d, with a pro forma average quarterly production volume of 34,424 Boe/d including Brigham Minerals volumes. The company declared a $0.60 dividend per share for Q4 2022 and closed its all-stock merger with Brigham Minerals in December 2022, significantly increasing its net royalty acres.