Sitio Royalties Corp Stock Net Income
| STR Stock | USD 24.04 0.48 1.96% |
Sitio Royalties Corp fundamentals help investors to digest information that contributes to Sitio Royalties' financial success or failures. It also enables traders to predict the movement of Sitio Stock. The fundamental analysis module provides a way to measure Sitio Royalties' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sitio Royalties stock.
| Last Reported | Projected for Next Year | ||
| Net Loss | -46.7 M | -44.4 M | |
| Net Income Applicable To Common Shares | 13.6 M | 17.8 M | |
| Net Income From Continuing Ops | 49.6 M | 72.7 M | |
| Net Loss | (0.19) | (0.18) | |
| Net Income Per E B T | 0.25 | 0.24 |
Sitio | Net Income |
Sitio Royalties Corp Company Net Income Analysis
Sitio Royalties' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Sitio Royalties Net Income | (46.7 M) |
Most of Sitio Royalties' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sitio Royalties Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sitio Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Sitio Royalties is extremely important. It helps to project a fair market value of Sitio Stock properly, considering its historical fundamentals such as Net Income. Since Sitio Royalties' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sitio Royalties' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sitio Royalties' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Sitio Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Sitio Royalties Corp reported net income of (46.7 Million). This is 102.06% lower than that of the Oil, Gas & Consumable Fuels sector and 113.57% lower than that of the Energy industry. The net income for all United States stocks is 108.18% higher than that of the company.
Sitio Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sitio Royalties' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sitio Royalties could also be used in its relative valuation, which is a method of valuing Sitio Royalties by comparing valuation metrics of similar companies.Sitio Royalties is currently under evaluation in net income category among its peers.
Sitio Royalties ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sitio Royalties' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sitio Royalties' managers, analysts, and investors.Environmental | Governance | Social |
Sitio Fundamentals
| Return On Equity | -0.0045 | ||||
| Return On Asset | 0.029 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 2.9 B | ||||
| Shares Outstanding | 79.24 M | ||||
| Shares Owned By Insiders | 0.82 % | ||||
| Shares Owned By Institutions | 99.18 % | ||||
| Number Of Shares Shorted | 2.71 M | ||||
| Price To Earning | 27.51 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 5.94 X | ||||
| Revenue | 593.36 M | ||||
| Gross Profit | 366.37 M | ||||
| EBITDA | 323.75 M | ||||
| Net Income | (46.7 M) | ||||
| Cash And Equivalents | 18.82 M | ||||
| Cash Per Share | 1.23 X | ||||
| Total Debt | 872.46 M | ||||
| Debt To Equity | 4.28 % | ||||
| Current Ratio | 0.36 X | ||||
| Book Value Per Share | 18.68 X | ||||
| Cash Flow From Operations | 487.5 M | ||||
| Short Ratio | 4.95 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Price To Earnings To Growth | 4.06 X | ||||
| Target Price | 27.71 | ||||
| Number Of Employees | 62 | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 3.68 B | ||||
| Total Asset | 4.76 B | ||||
| Retained Earnings | (187.74 M) | ||||
| Working Capital | 122.21 M | ||||
| Current Asset | 440.1 M | ||||
| Current Liabilities | 940.1 M | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 4.76 B | ||||
| Last Dividend Paid | 1.5 |
About Sitio Royalties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sitio Royalties Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sitio Royalties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sitio Royalties Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Sitio Royalties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sitio Royalties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sitio Royalties will appreciate offsetting losses from the drop in the long position's value.Moving together with Sitio Stock
| 0.73 | AR | Antero Resources Corp | PairCorr |
| 0.75 | EP | Empire Petroleum Corp | PairCorr |
| 0.88 | LB | LandBridge Company Downward Rally | PairCorr |
| 0.85 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Sitio Stock
| 0.72 | BRN | Barnwell Industries | PairCorr |
| 0.57 | BRY | Berry Petroleum Corp | PairCorr |
| 0.41 | APA | APA Corporation | PairCorr |
The ability to find closely correlated positions to Sitio Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sitio Royalties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sitio Royalties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sitio Royalties Corp to buy it.
The correlation of Sitio Royalties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sitio Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sitio Royalties Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sitio Royalties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sitio Stock Analysis
When running Sitio Royalties' price analysis, check to measure Sitio Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sitio Royalties is operating at the current time. Most of Sitio Royalties' value examination focuses on studying past and present price action to predict the probability of Sitio Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sitio Royalties' price. Additionally, you may evaluate how the addition of Sitio Royalties to your portfolios can decrease your overall portfolio volatility.