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Sitio Royalties (Sitio Royalties) Gross-Profit-to-Asset % : 6.53% (As of Dec. 2023)


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What is Sitio Royalties Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Sitio Royalties's annualized Gross Profit for the quarter that ended in Dec. 2023 was $323.0 Mil. Sitio Royalties's average Total Assets over the quarter that ended in Dec. 2023 was $4,945.0 Mil. Therefore, Sitio Royalties's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 6.53%.


Sitio Royalties Gross-Profit-to-Asset % Historical Data

The historical data trend for Sitio Royalties's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sitio Royalties Gross-Profit-to-Asset % Chart

Sitio Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- 6.62 8.32 6.08

Sitio Royalties Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.55 6.45 4.87 5.95 6.53

Competitive Comparison of Sitio Royalties's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Sitio Royalties's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sitio Royalties's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sitio Royalties's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sitio Royalties's Gross-Profit-to-Asset % falls into.



Sitio Royalties Gross-Profit-to-Asset % Calculation

Sitio Royalties's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=302.036/( (5170.902+4758.801)/ 2 )
=302.036/4964.8515
=6.08 %

Sitio Royalties's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=323.008/( (5131.118+4758.801)/ 2 )
=323.008/4944.9595
=6.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Sitio Royalties Gross-Profit-to-Asset % Related Terms

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Sitio Royalties (Sitio Royalties) Business Description

Traded in Other Exchanges
Address
1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
Executives
Christopher L. Conoscenti director, officer: Chief Executive Officer 1144 15TH STREET, SUITE 2650, DENVER CO 80202
Oaktree Holdings, Ltd. director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp director, 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Fie, Llc director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bx Royal Aggregator Lp 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Vi/bep Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Steven R Jones director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Claire Harvey director 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Morris R Clark director CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Bam Partners Trust director, 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Alice E Gould director C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Michael J Downs officer: Chief Operating Officer 1845 WALNUT STREET, SUITE 1111, PHILADELPHIA PA 19103
Stephen J. Pilatzke officer: Chief Accounting Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Bryan Gunderson director, officer: CEO and President 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022

Sitio Royalties (Sitio Royalties) Headlines