Sitio Royalties Corp. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 145.55 million compared to USD 64.95 million a year ago.

Revenue was USD 150.83 million compared to USD 66.36 million a year ago. Net income was USD 22.65 million compared to USD 38.52 million a year ago. Basic earnings per share from continuing operations was USD 0.28.

Diluted earnings per share from continuing operations was USD 0.28.