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Sitio Royalties (Sitio Royalties) Market Cap : $1,951.0 Mil (As of May. 09, 2024)


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What is Sitio Royalties Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sitio Royalties's share price for the quarter that ended in Mar. 2024 was $24.72. Sitio Royalties's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 82.4 Mil. Therefore, Sitio Royalties's market cap for the quarter that ended in Mar. 2024 was $2,037.5 Mil.

Sitio Royalties's quarterly market cap declined from Sep. 2023 ($1,979.5 Mil) to Dec. 2023 ($1,938.4 Mil) but then increased from Dec. 2023 ($1,938.4 Mil) to Mar. 2024 ($2,037.5 Mil).

Sitio Royalties's annual market cap increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($2,313.0 Mil) but then declined from Dec. 2022 ($2,313.0 Mil) to Dec. 2023 ($1,938.4 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sitio Royalties's Enterprise Value for Today is $2,762.1 Mil.


Sitio Royalties Market Cap Historical Data

The historical data trend for Sitio Royalties's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sitio Royalties Market Cap Chart

Sitio Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- - 2,312.96 1,938.43

Sitio Royalties Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,812.15 2,145.19 1,979.48 1,938.43 2,037.54

Competitive Comparison of Sitio Royalties's Market Cap

For the Oil & Gas E&P subindustry, Sitio Royalties's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sitio Royalties's Market Cap Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sitio Royalties's Market Cap distribution charts can be found below:

* The bar in red indicates where Sitio Royalties's Market Cap falls into.



Sitio Royalties Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Sitio Royalties's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$23.51*82.4514
=$1,938.4

Sitio Royalties's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$24.72*82.4247
=$2,037.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sitio Royalties  (NYSE:STR) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Sitio Royalties Market Cap Related Terms

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Sitio Royalties (Sitio Royalties) Business Description

Traded in Other Exchanges
Address
1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
Executives
Christopher L. Conoscenti director, officer: Chief Executive Officer 1144 15TH STREET, SUITE 2650, DENVER CO 80202
Oaktree Holdings, Ltd. director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp director, 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Fie, Llc director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bx Royal Aggregator Lp 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Vi/bep Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Steven R Jones director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Claire Harvey director 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Morris R Clark director CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Bam Partners Trust director, 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Alice E Gould director C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Michael J Downs officer: Chief Operating Officer 1845 WALNUT STREET, SUITE 1111, PHILADELPHIA PA 19103
Stephen J. Pilatzke officer: Chief Accounting Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Bryan Gunderson director, officer: CEO and President 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022

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