• Wed. Oct 9th, 2024

Sitio Royalties: Completes Merger With Brigham, Targets 33,500 BOEPD (NYSE:STR)

Byadmin

Jan 6, 2023
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Torsten Asmus/iStock via Getty Images

Sitio Royalties (NYSE:STR) completed its merger with Brigham Minerals near the end of 2022. This has resulted in a Permian-focused mineral and royalty company with approximately 33,500 BOEPD (50% oil) in production.

As a mineral

Sitio's Share Count

Sitio’s Share Count (sitio.com (Proxy Statement))

Sitio's Balance Sheet

Sitio’s Balance Sheet (sitio.com (Proxy Statement))

Type

Barrels/Mcf

Realized $ Per Barrel/Mcf

Revenue ($ Million)

Oil (Barrels)

6,113,750

$73.50

$449

NGLs (Barrels)

2,445,500

$25.50

$62

Natural Gas [MCF]

22,009,500

$2.70

$59

Lease Bonus and Other Revenues

$6

Hedge Value

$25

Total

$601

Interest On 2026 Notes

Interest On 2026 Notes (sitio.com (Q3 2022 10-Q))

$ Million

Production Taxes

$40

Gathering And Transportation

$18

Cash G&A

$22

Cash Interest

$60

Cash Taxes

$51

Total Expenses

$191

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Image and article originally from seekingalpha.com. Read the original article here.