Sitio Royalties Corp. (STR) - Net Assets
Based on the latest financial reports, Sitio Royalties Corp. (STR) has net assets worth $3.24 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.61 Billion) and total liabilities ($1.37 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check STR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.24 Billion |
| % of Total Assets | 70.36% |
| Annual Growth Rate | 0.24% |
| 5-Year Change | 1369.84% |
| 10-Year Change | 155.27% |
| Growth Volatility | 150.09 |
Sitio Royalties Corp. - Net Assets Trend (2002–2024)
This chart illustrates how Sitio Royalties Corp.'s net assets have evolved over time, based on quarterly financial data. See Sitio Royalties Corp. (STR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sitio Royalties Corp. (2002–2024)
The table below shows the annual net assets of Sitio Royalties Corp. from 2002 to 2024. For live valuation and market cap data, see Sitio Royalties Corp. market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.36 Billion | -6.62% |
| 2023-12-31 | $3.60 Billion | -7.50% |
| 2022-12-31 | $3.89 Billion | +265.58% |
| 2021-12-31 | $1.06 Billion | +365.47% |
| 2020-12-31 | $228.40 Million | -6.78% |
| 2019-12-31 | $245.03 Million | -9.15% |
| 2018-12-31 | $269.71 Million | -6.72% |
| 2017-12-31 | $289.16 Million | +54558024.53% |
| 2016-12-31 | $-530.00 | -100.00% |
| 2015-12-31 | $1.32 Billion | +5.53% |
| 2014-12-31 | $1.25 Billion | +3.95% |
| 2013-12-31 | $1.20 Billion | +15.76% |
| 2012-12-31 | $1.04 Billion | +0.20% |
| 2011-12-31 | $1.03 Billion | +112.92% |
| 2009-12-31 | $-8.00 Billion | -8.43% |
| 2008-12-31 | $-7.38 Billion | -41.39% |
| 2007-12-31 | $-5.22 Billion | -22.99% |
| 2006-12-31 | $-4.24 Billion | -377.40% |
| 2005-12-31 | $1.53 Billion | -61.37% |
| 2004-12-31 | $3.96 Billion | +12.70% |
| 2003-12-31 | $3.51 Billion | +10.22% |
| 2002-12-31 | $3.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sitio Royalties Corp.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 116.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $16.00K | 0.00% |
| Other Components | $1.61 Billion | 110.02% |
| Total Equity | $1.47 Billion | 100.00% |
Sitio Royalties Corp. Competitors by Market Cap
The table below lists competitors of Sitio Royalties Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tega Industries Limited
NSE:TEGA
|
$1.41 Billion |
|
ArriVent BioPharma, Inc. Common Stock
NASDAQ:AVBP
|
$1.41 Billion |
|
Digiwin Software Co Ltd
SHE:300378
|
$1.41 Billion |
|
Gemdale Corp
SHG:600383
|
$1.41 Billion |
|
BW Energy Ltd
OL:BWE
|
$1.41 Billion |
|
Cpi Fim SA
WAR:OPG
|
$1.40 Billion |
|
Jiangxi Guotai Civilian
SHG:603977
|
$1.40 Billion |
|
Forestar Group Inc
NYSE:FOR
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sitio Royalties Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,607,748,000 to 1,465,421,000, a change of -142,327,000 (-8.9%).
- Net income of 40,946,000 contributed positively to equity growth.
- Dividend payments of 121,272,000 reduced retained earnings.
- Share repurchases of 117,357,000 reduced equity.
- Other factors increased equity by 55,356,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $40.95 Million | +2.79% |
| Dividends Paid | $121.27 Million | -8.28% |
| Share Repurchases | $117.36 Million | -8.01% |
| Other Changes | $55.36 Million | +3.78% |
| Total Change | $- | -8.85% |
Book Value vs Market Value Analysis
This analysis compares Sitio Royalties Corp.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.53x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $4.00 | $18.12 | x |
| 2003-12-31 | $14.98 | $18.12 | x |
| 2004-12-31 | $16.79 | $18.12 | x |
| 2005-12-31 | $17.79 | $18.12 | x |
| 2006-12-31 | $25.34 | $18.12 | x |
| 2007-12-31 | $14.73 | $18.12 | x |
| 2008-12-31 | $19.42 | $18.12 | x |
| 2009-12-31 | $19.74 | $18.12 | x |
| 2010-12-31 | $5.80 | $18.12 | x |
| 2011-12-31 | $5.78 | $18.12 | x |
| 2012-12-31 | $5.83 | $18.12 | x |
| 2013-12-31 | $6.81 | $18.12 | x |
| 2014-12-31 | $7.08 | $18.12 | x |
| 2015-12-31 | $7.46 | $18.12 | x |
| 2016-12-31 | $0.00 | $18.12 | x |
| 2017-12-31 | $34.75 | $18.12 | x |
| 2018-12-31 | $12.45 | $18.12 | x |
| 2019-12-31 | $11.26 | $18.12 | x |
| 2020-12-31 | $12.13 | $18.12 | x |
| 2021-12-31 | $27.97 | $18.12 | x |
| 2022-12-31 | $125.51 | $18.12 | x |
| 2023-12-31 | $19.78 | $18.12 | x |
| 2024-12-31 | $18.12 | $18.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sitio Royalties Corp. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.56%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 3.24x
- Recent ROE (2.79%) is below the historical average (15.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.78% | 34.79% | 0.01x | 2.62x | $-105.01 Million |
| 2003 | 13.77% | 11.87% | 0.46x | 2.54x | $47.49 Million |
| 2004 | 15.93% | 12.06% | 0.54x | 2.46x | $85.35 Million |
| 2005 | 21.01% | 11.95% | 3.25x | 0.54x | $170.70 Million |
| 2006 | 20.14% | 15.66% | 3.44x | 0.37x | $223.50 Million |
| 2007 | 19.67% | 18.60% | 3.74x | 0.28x | $249.30 Million |
| 2008 | 19.98% | 19.71% | 2.76x | 0.37x | $341.20 Million |
| 2009 | 11.28% | 13.00% | 3.38x | 0.26x | $44.80 Million |
| 2010 | 29.05% | 26.80% | 0.00x | 0.00x | $197.40 Million |
| 2011 | 20.12% | 17.41% | 0.34x | 3.42x | $104.55 Million |
| 2012 | 20.47% | 19.29% | 0.29x | 3.63x | $108.44 Million |
| 2013 | 13.45% | 13.21% | 0.30x | 3.38x | $41.32 Million |
| 2014 | 18.18% | 19.04% | 0.28x | 3.41x | $101.88 Million |
| 2015 | 15.87% | 18.39% | 0.26x | 3.33x | $77.19 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $-479.00 |
| 2017 | 26.17% | 78.69% | 0.27x | 1.22x | $46.67 Million |
| 2018 | 63.16% | 91.35% | 0.34x | 2.04x | $75.86 Million |
| 2019 | 11.02% | 20.79% | 0.24x | 2.25x | $1.32 Million |
| 2020 | -10.17% | -31.10% | 0.17x | 1.97x | $-28.19 Million |
| 2021 | 8.47% | 39.39% | 0.10x | 2.15x | $-8.57 Million |
| 2022 | 10.69% | 49.83% | 0.07x | 3.00x | $11.95 Million |
| 2023 | -0.97% | -2.62% | 0.12x | 2.96x | $-176.31 Million |
| 2024 | 2.79% | 6.56% | 0.13x | 3.24x | $-105.60 Million |
Industry Comparison
This section compares Sitio Royalties Corp.'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,244,939,830
- Average return on equity (ROE) among peers: -29.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sitio Royalties Corp. (STR) | $3.24 Billion | 0.78% | 0.42x | $1.41 Billion |
| Amplify Energy Corp (AMPY) | $235.33 Million | -4.99% | 0.21x | $159.48 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $1.22 Million | -424.63% | 26.72x | $105.31 Million |
| APA Corporation (APA) | $-717.00 Million | 0.00% | 0.00x | $11.67 Billion |
| Antero Resources Corp (AR) | $8.88 Billion | 6.93% | 0.72x | $10.74 Billion |
| Battalion Oil Corp (BATL) | $4.17 Million | 58.00% | 62.60x | $31.10 Million |
| BKV Corporation (BKV) | $1.20 Billion | 34.29% | 1.26x | $2.84 Billion |
| Barnwell Industries Inc (BRN) | $13.74 Million | -26.30% | 1.30x | $15.66 Million |
| Berry Petroleum Corp (BRY) | $427.70 Million | 25.24% | 1.80x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $1.06 Billion | 17.11% | 0.17x | $2.83 Billion |
| Chord Energy Corp (CHRD) | $1.35 Billion | 16.90% | 2.49x | $5.96 Billion |
About Sitio Royalties Corp.
Sitio Royalties Corp. acquires, owns, and manages mineral and royalty interests across premium basins in the United States. The company's portfolio comprising mineral and royalty interests in the Permian basin located in West Texas and southeastern New Mexico; the Eagle Ford basin located in South Texas; the DJ basin located in Northeast Colorado and Southeast Wyoming; and the Williston basin inc… Read more