Sitio Royalties CORP
Market Movers (8-K)
Sitio Royalties Corp. has successfully completed its all-equity merger with Viper Energy, Inc., becoming a wholly-owned subsidiary of the newly formed Viper Energy, Inc.
Sitio Royalties Corp. stockholders have approved the all-equity merger with Viper Energy, Inc., paving the way for the transaction to close on August 19, 2025.
Sitio Royalties Corp. has supplemented its merger proxy statement in response to shareholder lawsuits seeking to block its all-equity acquisition by Viper Energy, Inc.
Sitio Royalties Corp. announced its second quarter 2025 operational and financial results, reporting $14.5 million in net income and $125.4 million in Adjusted EBITDA, while confirming its merger with Viper Energy is on track for Q3 2025.
Worse than expected
Sitio Royalties Corp. has appointed Ward Bass, previously the company's Controller, as its new Chief Accounting Officer, effective June 30, 2025.
Sitio Royalties Corp. and Viper Energy, Inc. have entered into an all-equity merger agreement, creating a new combined entity where Sitio stockholders will own approximately 20% and Viper stockholders approximately 80% of the outstanding shares.
Quarterly Earnings (10-Q)
Sitio Royalties Corp. reported a significant drop in Q2 net income and revenue, primarily due to lower oil prices, while advancing its all-equity merger with Viper Energy.
Worse than expected
Sitio Royalties Corp. saw an increase in revenue and production volumes for the first quarter of 2025, driven by acquisitions and higher natural gas prices, despite a decrease in realized oil prices.
Better than expected
10-Q: Sitio Royalties Corp. Reports Q3 2024 Results: Production Up, Revenue Mixed Amidst Price Volatility
Sitio Royalties Corp. saw increased production volumes in Q3 2024, but experienced mixed revenue results due to fluctuating commodity prices, particularly in natural gas.
Worse than expected
Sitio Royalties Corp. saw a significant increase in revenue and production in the second quarter of 2024, driven by higher oil prices and increased volumes.
Better than expected
Sitio Royalties Corp. experienced a slight revenue increase in Q1 2024, but net income declined significantly due to commodity price fluctuations and increased operating expenses.
Worse than expected
Annual Reports (10-K)
Sitio Royalties Corp. announces its 2024 financial results, highlighting increased production and strategic acquisitions.
This document provides a comprehensive overview of Sitio Royalties Corp.'s business, financial performance, and risk factors as detailed in their 10-K filing for the year ended December 31, 2023.
Worse than expected
Insider Trading (Form 4)
Oaktree-affiliated entities have fully divested their beneficial ownership in Sitio Royalties Corp. following its merger with Viper Energy, Inc.
Blackstone entities report ceasing 10% beneficial ownership in Sitio Royalties Corp. effective August 19, 2025, following a merger agreement.
Blackstone-affiliated entities have reported the disposition of over 20 million shares of Sitio Royalties Corp. Class C Common Stock and Opco Units following a merger, ceasing their 10% owner status.
Kimmeridge Energy Management Company, LLC reports the conversion and cancellation of its holdings in Sitio Royalties Corp. following the merger with Viper Energy, Inc.
Sitio Royalties Corp. Director Jon-Al Duplantier disposed of 57,940 Class A Common Stock shares following the company's all-equity merger with New Viper.
Sitio Royalties Corp.'s CFO, Carrie L. Osicka, reports significant changes in her beneficial ownership following the all-equity merger with Viper Energy, Inc. into New Viper.
Proxy Statements (Def-14A)
Viper Energy, Inc. and Sitio Royalties Corp. have agreed to an all-equity merger, forming a new holding company, New Viper, aimed at enhancing scale, liquidity, and capital return capabilities in the Permian Basin mineral and royalty sector.
Capital raise
Sitio Royalties Corp. has filed a definitive proxy statement with the SEC.
Sitio Royalties Corp. details the agenda and voting procedures for its upcoming 2025 Annual Meeting of Stockholders, emphasizing key proposals and board recommendations.
Better than expected
Sitio Royalties Corp. announces its 2024 Annual Meeting of Stockholders to be held on May 14, 2024, outlining key proposals for shareholder voting.
Sitio Royalties Corp. has released its proxy statement for the 2024 Annual Meeting of Stockholders, detailing proposals for director elections, executive compensation, and corporate governance amendments.
Schedule 13D - Activist Investments
Oaktree Capital affiliates have fully divested their equity holdings in Sitio Royalties Corp. following the consummation of a merger agreement.
Kimmeridge Energy Management Company has filed an exit Schedule 13D, confirming it no longer beneficially owns securities of Sitio Royalties Corp. following the completion of the previously announced mergers.
SCHEDULE 13D/A: Oaktree-Led Entities Affirm Support for Sitio Royalties Corp. Merger with Viper Energy, Disclose Beneficial Ownership Update
An amended Schedule 13D filing reveals Oaktree-affiliated entities' continued significant beneficial ownership in Sitio Royalties Corp. and their commitment to vote in favor of the all-equity merger with Viper Energy, Inc., while also disclosing a past SEC settlement.
Worse than expected
Kimmeridge Energy Management Company, LLC, a significant shareholder, has entered into a voting and support agreement to back Sitio Royalties Corp.'s all-equity merger with Viper Energy, Inc.
Schedule 13G - Passive Investments
Adage Capital Management, L.P. and its principals have reported a complete divestment of their Class A Common Stock in Sitio Royalties Corp., reducing their beneficial ownership to 0%.
Worse than expected
Blackstone entities and Stephen A. Schwarzman report 0% beneficial ownership in Sitio Royalties Corp. following a merger where Class C shares and Opco Units converted into Viper Energy interests.
Wellington Management Group and its affiliates have filed an amended Schedule 13G, disclosing a 3.28% beneficial ownership stake in Sitio Royalties Corp.'s common stock.
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a passive beneficial ownership of 0.0% in Sitio Royalties Corp.'s Class A Common Stock as of June 30, 2025.
Wellington Management Group LLP and its affiliates have disclosed a 5.13% beneficial ownership stake in Sitio Royalties Corp. as of March 31, 2025, held in the ordinary course of business.
The Vanguard Group has filed an amended Schedule 13G, disclosing a 10.02% beneficial ownership stake in Sitio Royalties Corp. as of February 28, 2025.