---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055723"
form_type: "8-K"
ticker: null
cik: "0001949543"
company_name: "Sitio Royalties Corp."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T13:58:35.607510+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sitio Royalties Reports Record Q1 2024 Production of 37,970 boe/d and $0.41 Dividend

## Summary
- Pro forma average daily production hit record 37,970 boe/d (51% oil), up 3.7% from Q4 2023.
- Q1 2024 return of capital $0.49 per share: $0.41 dividend plus $0.08 per share stock repurchases.
- Net income of $18.7 million, compared to net loss of $91.7 million in Q4 2023.
- Closed DJ Basin acquisition on April 4, 2024 for $126.6 million, adding 2,621 boe/d.
- Repurchased 545,527 shares at avg $23.77 in Q1, and 2.0 million shares in April block trade.

## SEC filing metadata
- accession: 0000950170-24-055723
- form_type: 8-K
- cik: 0001949543
- company_name: Sitio Royalties Corp.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1949543/000095017024055723/0000950170-24-055723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1949543/000095017024055723/str-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055723
- JSON: https://secwatch.observer/filing/0000950170-24-055723.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055723.txt

## Key facts
- Earnings Releases
  Sitio Royalties Corp. reported the quarter ended March 31, 2024 results: net income Net income of $18.7 million, EPS $0.49 per share.
  - Period: the quarter ended March 31, 2024
  - Net income: Net income of $18.7 million
  - EPS: $0.49 per share
  - Result: reported results
  source text: On May 8, 2024, Sitio Royalties Corp. issued a press release announcing its operating and financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1949543/000095017024055723/0000950170-24-055723-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.