Brief: Sitio Royalties Reports Fourth Quarter And Full Year 2023 Operational And Financial Results

Sitio Royalties

29/02/2024 03:57

Feb 28 (Reuters) - Sitio Royalties Corp  STR.N :
    * SITIO ROYALTIES REPORTS FOURTH QUARTER AND FULL YEAR 2023
OPERATIONAL AND FINANCIAL RESULTS, RECENT DEVELOPMENTS, AND
PROVIDES FULL YEAR 2024 GUIDANCE
    * ANNOUNCES $200 MILLION SHARE REPURCHASE PROGRAM AND
UPDATED
RETURN OF CAPITAL FRAMEWORK
    * ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE 13,062 NRAS IN
DJ
BASIN FOR $150 MILLION
    * ISSUES FULL YEAR 2024 FINANCIAL AND OPERATIONAL GUIDANCE,
WITH
PRO FORMA PRODUCTION RANGE OF 35,000 - 38,000 BOE/D
    * 4Q 2023 AVERAGE DAILY PRODUCTION VOLUME OF 35,776 BARRELS
OF OIL
EQUIVALENT PER DAY ("BOE/D")

Source text for Eikon:  ID:nBw2K8n0Qa 
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