Sunday, November 24, 2024
Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance- oil and gas 360

Sitio Royalties reports fourth quarter and full year 2023 operational and financial results, recent developments, and provides full year 2024 guidance

Oil and Gas 360 Announces Definitive Agreement to Acquire 13,062 NRAS in the DJ Basin for $150 Million(1) Announces $200 Million Share Repurchase Program and Updated Return of Capital Framework Closed on Previously Announced Sale of Anadarko and Appalachia Assets for $114 Million Declared $0.51 Dividend Per Share of Class A Common Stock for Fourth Quarter 2023 Issues Full Year

Sitio Royalties announces $500 million offering of senior notes- oil and gas 360

Sitio Royalties announces $500 million offering of senior notes

Oil and Gas 360 DENVER–(BUSINESS WIRE)– Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced that its subsidiaries, Sitio Royalties Operating Partnership, LP (the “Partnership”) and Sitio Finance Corp. (the “Co-Issuer” and together with the Partnership, the “Issuers”), subject to market conditions, intend to offer and sell to qualified institutional buyers pursuant to Rule 144A under the Securities Act

Sitio Royalties and Brigham Minerals to combine in $4.8 billion all-stock, at-market merger, forming a premier consolidator of oil and gas mineral and royalty interests-oil and gas 360

Sitio Royalties and Brigham Minerals to combine in $4.8 billion all-stock, at-market merger, forming a premier consolidator of oil and gas mineral and royalty interests

Oil and Gas 360 DENVER & AUSTIN, Texas–(BUSINESS WIRE)– Sitio Royalties Corp. (NYSE: STR) (“Sitio”, “STR” or the “Company”) and Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals”, “MNRL” or “Brigham”) today announced that they have entered into a definitive agreement to combine in an all-stock merger, with an aggregate enterprise value of approximately $4.8 billion based on the closing share prices

Sitio Royalties announces highly accretive Permian Basin acquisitions- oil and gas 360

Sitio Royalties announces highly accretive Permian Basin acquisitions

Oil and Gas 360 DENVER–(BUSINESS WIRE)– Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announced it has (i) completed the acquisition of over 19,700 net royalty acres (“NRAs”) in the Permian Basin from Foundation Minerals, a Midland-based portfolio company of Quantum Energy Partners, for approximately $323 million (the “Foundation Acquisition”) and (ii) entered into a definitive purchase and