Sitio Royalties Corporation - Ordinary Shares - Class A

:STR   3:59:50 PM EDT
28.76
+0.83 (+2.97%)
Debt Financing / Related, Divestitures / Spin-offs, Other Pre-Announcement

Sitio Royalties Announces Highly Accretive Permian Basin Acquisitions

Published: 06/27/2022 10:58 GMT
Sitio Royalties Corporation - Ordinary Shares - Class A (STR) - Sitio Royalties Announces Highly Accretive Permian Basin Acquisitions.
Sitio Royalties Corp - Issues Financial and Operational Guidance for Second Half of 2022.
Sitio Royalties Corp - Entered Into a Definitive Purchase and Sale Agreement to Acquire Over 12,200 Nras in Permian Basin From Momentum Minerals.
Sitio Royalties Corp - Proposed Deal for Approximately $224 Million.
Sitio Royalties Corp - Foundation Acquisition Funded Utilizing Borrowings Under Credit Facility, Proceeds From 364-day Unsecured Bridge Loan Facility.
Sitio Royalties Corp - Momentum Acquisition is Expected to Be Funded Utilizing Debt Financing and Close in Q3 of 2022.
Sitio Royalties -before Incorporating Deals Into 2h 2022 Guidance, Sees 2h Production Volumes Up About 7% at Midpoint Versus Previous Guidance for 1h 2022.