STR

Sitio Royalties Corp

Add to Watchlist

Advanced Chart

17.410

-0.120(-0.680%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

17.510

Open

17.370

VWAP

17.36

Vol

151.43K

Mkt Cap

2.65B

Low

17.270

Amount

2.63M

EV/EBITDA(TTM)

9.77

Total Shares

80.62M

5.57B

EV/OCF(TTM)

12.10

P/S(TTM)

2.22

Sitio Royalties Corp. acquires, owns and manages mineral and royalty interests across premium basins in the United States. The Company leases its mineral interests to oil and gas exploration and production (E&P) companies. The Company’s leases permit E&P companies to explore for and produce oil, natural gas and natural gas liquids from its properties and entitles the Company to receive a percentage of the proceeds from the sales of these commodities. Its assets are focused primarily on the Permian Basin in West Texas and Southeast New Mexico, with additional assets across areas of the United States, including the Denver-Julesburg (DJ) Basin in Colorado and Wyoming, Eagle Ford in South Texas, Appalachia Basin in Pennsylvania, West Virginia and Ohio, Anadarko Basin in Oklahoma and Williston Basin in North Dakota. The DJ Basin is located in Northeast Colorado and Southeast Wyoming. The Company owns mineral and royalty interests representing over 260,600 net royalty acres (NRAs).

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q1

FY2025Q2

FY2025Q3

152.60M

+0.8%

0.138

-59.3%

137.00M

-18.72%

0.113

-46.76%

142.40M

-4.67%

0.125

+4.43%

Estimates Revision

The market is revising Downward the revenue expectations for Sitio Royalties Corp. (STR) for FY2025, with the revenue forecasts being adjusted by -3.31% over the past three months. During the same period, the stock price has changed by -16.78%.

Revenue Estimates for FY2025

Revise Downward

-3.31%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-23.25%

In Past 3 Month

Stock Price

Go Down

-16.78%

In Past 3 Month

5 Analyst Rating

43.60% Upside

Wall Street analysts forecast STR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STR is 25.00 USD with a low forecast of 22.00 USD and a high forecast of 28.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

1 Hold

1 Sell

Moderate Buy

43.60% Upside

Current: 17.410

Low

22.00

Averages

25.00

High

28.00

43.60% Upside

Current: 17.410

Low

22.00

Averages

25.00

High

28.00

Barclays

Betty Jiang

Sell

Hold

Upgrades

$23 → $21

2025-04-23

Reason

Barclays

Betty Jiang

Price Target

$23 → $21

2025-04-23

Upgrades

Sell

Hold

Reason

Barclays analyst Betty Jiang upgraded Sitio Royalties to Equal Weight from Underweight with a price target of $21, down from $23. The firm believes Sitio is more competitively positioned relative to oil-weighted exploration and production companies in the current low oil price environment given its royalty model and sizable Permian exposure. The analyst values royalties "for their resilience in periods of extreme commodity prices."

Mizuho

William Janela

Hold

Initiates

$22

2025-03-31

Reason

Mizuho

William Janela

Price Target

$22

2025-03-31

Initiates

Hold

Reason

Mizuho initiated coverage of Sitio Royalties with a Neutral rating and $22 price target. The company has built a quality portfolio of mineral and royalty interests primarily in the Permian Basin, the analyst tells investors in a research note. The firm views the key question for the shares as how Sitio's acquisition strategy will evolve in a sector where investors are increasingly focused on size and scale. Mizuho says the company will need to find the right balance between scale and value. It sees Sitio's relative valuation as fair at current levels.

Stephens & Co.

Mike Scialla

Buy

Reiterates

$28

2025-03-03

Reason

Stephens & Co.

Mike Scialla

Price Target

$28

2025-03-03

Reiterates

Buy

Reason

Stephens & Co.

Mike Scialla

Buy

Reiterates

$28

2025-02-27

Reason

Stephens & Co.

Mike Scialla

Price Target

$28

2025-02-27

Reiterates

Buy

Reason

Truist Securities

Neal Dingmann

Strong Buy

Maintains

$29 → $30

2025-01-13

Reason

Truist Securities

Neal Dingmann

Price Target

$29 → $30

2025-01-13

Maintains

Strong Buy

Reason

Truist raised the firm's price target on Sitio Royalties to $30 from $29 and keeps a Buy rating on the shares as part of a broader research note updating the firm's model with 2026 expectations. Truist sees sequentially higher estimated 2026 earnings and free cash flows based on minimally lower commodity prices, minimally higher production, flat costs, minimal asset degradation, and minimal to moderate operational efficiencies, adding that it sees commodity prices - oil and natural gas - remaining firmer this year than many investors currently expect.

Piper Sandler

Mark Lear

Buy

Maintains

$27 → $28

2024-11-18

Reason

Piper Sandler

Mark Lear

Price Target

$27 → $28

2024-11-18

Maintains

Buy

Reason

Piper Sandler raised the firm's price target on Sitio Royalties to $28 from $27 and keeps an Overweight rating on the shares. The firm adjusted estimates and price targets across its exploration and production coverage coming out of the Q3 results. The analyst continues to see a trend of upstream "doing more with less" and projects pro-forma low single-digit oil growth in fiscal 2025, driven by mid-single-digit lower spending. While the macro outlook and investor sentiment is leaning toward gas equities, valuations remain more favorable for oil equities discounting a median $65 per barrel oil price compared to gas at $3.40, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Sitio Royalties Corp (STR.N) is 43.80, compared to its 5-year average forward P/E of 31.39. For a more detailed relative valuation and DCF analysis to assess Sitio Royalties Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued

5Y Average PE

31.39

Current PE

43.80

Overvalued PE

43.50

Undervalued PE

19.28

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

7.22

Current EV/EBITDA

8.66

Overvalued EV/EBITDA

10.07

Undervalued EV/EBITDA

4.37

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.53

Current PS

2.32

Overvalued PS

3.53

Undervalued PS

1.54