Sitio Royalties Corp.

sitio.com

Sitio Royalties Corp. engages in the provision of oil and gas mineral and royalty properties. The company is headquartered in Denver, Colorado and currently employs 72 full-time employees. The firm leases its mineral interests to oil and gas exploration and production (E&P) companies. The firm's leases permit E&P companies to explore for and produce oil, natural gas and natural gas liquids from its properties and entitle the Company to receive a percentage of the proceeds from the sales of these commodities. The Company’s assets are focused primarily on the Permian Basin in West Texas and Southeast New Mexico, the Eagle Ford in South Texas, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota. The DJ Basin is located in Northeast Colorado and Southeast Wyoming. The Permian Basin includes three geologic provinces: the Delaware Basin to the west, the Midland Basin to the east and the Central Basin Platform in between. The firm owns mineral and royalty interests representing over 274,600 net royalty acres (NRAs).