Name | Value |
---|---|
Revenues | 151.4M |
Cost of Revenue | 76.3M |
Gross Profit | 75.1M |
Operating Expense | 13.0M |
Operating I/L | 50.0M |
Other Income/Expense | -28.6M |
Interest Income | 0.0M |
Pretax | 21.5M |
Income Tax Expense | 2.8M |
Net Income/Loss | 8.5M |
Sitio Royalties Corp. is an oil and gas mineral and royalty company that specializes in acquiring oil-weighted rights in productive basins across the United States. With approximately 140,000 net royalty acres obtained through over 180 acquisitions, the company generates revenue by leveraging its extensive portfolio to earn royalties from oil and gas production. Founded in 2016, Sitio Royalties Corp. focuses on maximizing returns from its assets and maintaining a strong position in the energy sector.