Sitio Royalties Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 152.77 million compared to USD 108.76 million a year ago. Revenue was USD 156.71 million compared to USD 115.5 million a year ago. Net income was USD 0.287 million compared to USD 69.01 million a year ago.
For the nine months, sales was USD 430.89 million compared to USD 260.22 million a year ago. Revenue was USD 444 million compared to USD 269.66 million a year ago. Net income was USD 22.14 million compared to USD 179.55 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 1.19 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 1.19 a year ago.