Sitio Royalties (STR) - 2024 Q3 - Quarterly Results
Sitio Royalties (STR)2024-11-07 05:23
EXHIBIT 99.1 SITIO ROYALTIES REPORTS THIRD QUARTER 2024 OPERATIONAL AND FINANCIAL RESULTS Company reports production above guidance range with strong operator activity in Permian and DJ Basins 2024 outlook enhanced through legacy asset outperformance and impact of five acquisitions closed in third quarter Line of sight wells increased 11% Q-o-Q with higher operator activity and permitting in the Midland and DJ Basins Long-term debt reduced by approximately $56.5 million during the quarter Third quarter tota ...