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SPONSOR
Sitio Royalties Corp.
Sitio Royalties Corp. acquires, owns and manages oil and natural gas mineral and royalty interests with an emphasis on large-scale consolidation of this highly fragmented industry. Sitio has acquired >260,000 net royalty acres using its disciplined, returns-focused acquisition underwriting process. Over 70% of Sitio’s assets are located in the prolific Permian Basin of West Texas and Southeast New Mexico with additional assets in other established and productive areas across the U.S. This high quality, diversified asset base generates significant discretionary cash flow from royalty payments and lease bonus payments from oil and gas operators. Sitio has no environmental liabilities, no Scope 1 and minimal Scope 2 GHG emissions from power consumption at Sitio office locations.