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Sitio Royalties (STR) New Presentation - Feb 27
Posted: Mon Feb 27, 2023 9:26 am
by dan_s
https://s201.q4cdn.com/966197541/files/ ... ion-vF.pdf
This is one of my favorite personal holdings, most of which I got when they merged with MNRL.
Re: Sitio Royalties (STR) New Presentation - Feb 27
Posted: Mon Feb 27, 2023 1:06 pm
by dan_s
I have updated my forecast/valuation model for STR and posted it to the EPG website.
My valuation increases by $1.00 to $33.00 per share.
STR is a minerals/royalties company in our High Yield Income Portfolio. It closed the merger with Brigham Minerals (MNRL) on 12/29/2022, which takes production up to more than 34,000 Boepd, from 17,990 Boepd in Q3.
Based on my 2023 forecast, STR's 2023 dividends should total approximately $2.32/share.
At the time of this post, STR was trading at $23.78
Re: Sitio Royalties (STR) New Presentation - Feb 27
Posted: Mon Feb 27, 2023 5:33 pm
by Fraser921
I don't own it but I like it.
When I get more conservative, I will buy it just to see what it feels
like.
Re: Sitio Royalties (STR) New Presentation - Feb 27
Posted: Mon Feb 27, 2023 6:30 pm
by dan_s
STR is an "Aggressive Growth" company. I would not call it a "conservative" investment.
Re: Sitio Royalties (STR) New Presentation - Feb 27
Posted: Mon Feb 27, 2023 8:48 pm
by ChuckGeb
What factor lead to the increased valuation?
Re: Sitio Royalties (STR) New Presentation - Feb 27
Posted: Mon Feb 27, 2023 10:01 pm
by dan_s
Just take a look at my updated forecast/valuation model. You can view it directly from the EPG home page.