Sitio Royalties Corp
NYSE:STR
Income Statement
Earnings Waterfall
Sitio Royalties Corp
Revenue
|
624.4m
USD
|
Operating Expenses
|
-375m
USD
|
Operating Income
|
249.4m
USD
|
Other Expenses
|
-209.6m
USD
|
Net Income
|
39.8m
USD
|
Income Statement
Sitio Royalties Corp
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||
Revenue |
0
N/A
|
20
N/A
|
47
+130%
|
71
+52%
|
97
+37%
|
98
+1%
|
90
-8%
|
82
-9%
|
69
-16%
|
61
-11%
|
49
-20%
|
43
-13%
|
39
-8%
|
38
-3%
|
48
+27%
|
57
+20%
|
68
+18%
|
56
-18%
|
127
+129%
|
223
+76%
|
370
+65%
|
454
+23%
|
503
+11%
|
544
+8%
|
593
+9%
|
475
-20%
|
467
-2%
|
624
+34%
|
|
Gross Profit | |||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
(5)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
92
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
64
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
36
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
64
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
344
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | |||||||||||||||||||||||||||||
Operating Expenses |
(0)
|
(8)
|
(16)
|
(22)
|
(29)
|
(29)
|
(27)
|
(28)
|
(27)
|
(27)
|
(27)
|
(28)
|
(28)
|
(28)
|
(28)
|
(29)
|
(31)
|
0
|
(38)
|
(72)
|
(133)
|
(192)
|
(252)
|
(303)
|
(337)
|
(271)
|
(271)
|
(375)
|
|
Selling, General & Administrative |
0
|
(3)
|
(7)
|
(9)
|
(12)
|
(12)
|
(12)
|
(14)
|
(14)
|
(15)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
(16)
|
(17)
|
(20)
|
(26)
|
(29)
|
(35)
|
(41)
|
(43)
|
(46)
|
(36)
|
(39)
|
(55)
|
|
Depreciation & Amortization |
0
|
(4)
|
(9)
|
(13)
|
(17)
|
(16)
|
(15)
|
(13)
|
(13)
|
(13)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(28)
|
(43)
|
(72)
|
(105)
|
(157)
|
(211)
|
(260)
|
(291)
|
(235)
|
(232)
|
(320)
|
|
Other Operating Expenses |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
25
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(0)
N/A
|
13
N/A
|
31
+139%
|
49
+59%
|
63
+30%
|
69
+10%
|
63
-9%
|
54
-14%
|
37
-31%
|
34
-10%
|
21
-36%
|
15
-30%
|
8
-47%
|
10
+23%
|
20
+100%
|
29
+46%
|
33
+15%
|
37
+11%
|
89
+144%
|
151
+70%
|
211
+39%
|
262
+24%
|
250
-5%
|
241
-4%
|
256
+6%
|
203
-21%
|
196
-3%
|
249
+27%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
0
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(4)
|
15
|
35
|
4
|
(2)
|
(36)
|
(106)
|
(78)
|
(77)
|
(41)
|
(90)
|
|
Non-Reccuring Items |
0
|
(1)
|
(3)
|
(4)
|
0
|
(5)
|
(5)
|
(4)
|
0
|
(4)
|
(4)
|
(4)
|
0
|
(3)
|
(3)
|
(4)
|
0
|
(8)
|
(16)
|
(37)
|
(28)
|
(61)
|
(90)
|
(80)
|
(242)
|
(205)
|
(202)
|
(46)
|
|
Gain/Loss on Disposition of Assets |
0
|
41
|
41
|
41
|
41
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
28
|
28
|
28
|
28
|
6
|
12
|
12
|
12
|
5
|
2
|
3
|
5
|
1
|
4
|
9
|
8
|
4
|
6
|
3
|
3
|
3
|
0
|
0
|
0
|
|
Pre-Tax Income |
1
N/A
|
54
+5 878%
|
70
+30%
|
86
+23%
|
130
+52%
|
90
-31%
|
84
-6%
|
75
-10%
|
41
-46%
|
39
-5%
|
27
-30%
|
21
-22%
|
11
-48%
|
7
-34%
|
17
+136%
|
27
+59%
|
32
+15%
|
0
N/A
|
96
N/A
|
156
+62%
|
190
+22%
|
206
+8%
|
128
-38%
|
57
-55%
|
(61)
N/A
|
(78)
-28%
|
(47)
+40%
|
113
N/A
|
|
Net Income | |||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(1)
|
(3)
|
(5)
|
(6)
|
(6)
|
(4)
|
(3)
|
(1)
|
(0)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(13)
|
(10)
|
(7)
|
14
|
16
|
12
|
(18)
|
|
Income from Continuing Operations |
1
|
53
|
69
|
85
|
127
|
85
|
78
|
69
|
37
|
36
|
26
|
21
|
10
|
7
|
15
|
24
|
28
|
0
|
92
|
150
|
184
|
193
|
118
|
50
|
(47)
|
(62)
|
(35)
|
95
|
|
Income to Minority Interest |
0
|
0
|
0
|
(3)
|
(11)
|
(17)
|
(22)
|
(23)
|
(4)
|
0
|
6
|
9
|
(1)
|
(0)
|
(5)
|
(9)
|
(14)
|
0
|
0
|
(4)
|
0
|
0
|
2
|
2
|
31
|
38
|
23
|
(54)
|
|
Net Income (Common) |
(1)
N/A
|
53
N/A
|
70
+32%
|
83
+18%
|
118
+42%
|
69
-41%
|
56
-19%
|
46
-17%
|
33
-28%
|
36
+8%
|
32
-11%
|
29
-7%
|
10
-66%
|
7
-34%
|
11
+62%
|
16
+50%
|
13
-18%
|
0
N/A
|
17
N/A
|
20
+20%
|
15
-25%
|
38
+152%
|
31
-18%
|
22
-28%
|
(17)
N/A
|
(25)
-50%
|
(13)
+48%
|
40
N/A
|
|
EPS (Diluted) |
-0.27
N/A
|
25.4
N/A
|
0
N/A
|
3.86
N/A
|
5.48
+42%
|
6.03
+10%
|
4.83
-20%
|
4.02
-17%
|
1.55
-61%
|
2.16
+39%
|
2.75
+27%
|
2.55
-7%
|
0.46
-82%
|
0.56
+22%
|
0.48
-14%
|
0.72
+50%
|
1.11
+54%
|
0
N/A
|
0.2
N/A
|
1.59
+695%
|
1.1
-31%
|
0.47
-57%
|
0.38
-19%
|
0.14
-63%
|
-0.2
N/A
|
-0.3
-50%
|
-0.15
+50%
|
0.49
N/A
|