Sitio Royalties Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chris Conoscenti

Chief executive officer

US$6.8m

Total compensation

CEO salary percentage11.7%
CEO tenure2.5yrs
CEO ownership0.1%
Management average tenureless than a year
Board average tenure2.3yrs

Recent management updates

Recent updates

Sitio Royalties: Improved Future Production Outlook

Dec 13

Sitio Royalties' (NYSE:STR) Dividend Is Being Reduced To $0.28

Nov 12
Sitio Royalties' (NYSE:STR) Dividend Is Being Reduced To $0.28

Revenues Not Telling The Story For Sitio Royalties Corp. (NYSE:STR)

Oct 01
Revenues Not Telling The Story For Sitio Royalties Corp. (NYSE:STR)

For A Number Of Reasons, I Would Not Buy Sitio Royalties Corp.

Jul 17

We Think Sitio Royalties (NYSE:STR) Is Taking Some Risk With Its Debt

Jul 03
We Think Sitio Royalties (NYSE:STR) Is Taking Some Risk With Its Debt

Sitio Royalties Corp.'s (NYSE:STR) Price In Tune With Revenues

May 01
Sitio Royalties Corp.'s (NYSE:STR) Price In Tune With Revenues

Sitio Royalties: DJ Basin Acquisition Boosts FCF, But May Delay An Increased Payout Ratio

Apr 27

Upgrading Sitio Royalties To A Buy Following A 20% Decline In Share Price

Feb 09

Sitio Royalties (NYSE:STR) Has A Somewhat Strained Balance Sheet

Feb 02
Sitio Royalties (NYSE:STR) Has A Somewhat Strained Balance Sheet

Investors Interested In Sitio Royalties Corp.'s (NYSE:STR) Revenues

Dec 19
Investors Interested In Sitio Royalties Corp.'s (NYSE:STR) Revenues

Sitio Royalties: New Notes Reduce Interest Costs By Around $15 Million Per Year

Oct 23

Sitio Royalties: Dividend Should Be Higher During Remainder Of 2023

Aug 16

Sitio Royalties' (NYSE:STR) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 12
Sitio Royalties' (NYSE:STR) Shareholders Will Receive A Smaller Dividend Than Last Year

Estimating The Fair Value Of Sitio Royalties Corp. (NYSE:STR)

Jun 08
Estimating The Fair Value Of Sitio Royalties Corp. (NYSE:STR)

Sitio Royalties Completes Its Merger With Brigham Minerals

Jan 06

Calculating The Intrinsic Value Of Sitio Royalties Corp. (NYSE:STR)

Jan 05
Calculating The Intrinsic Value Of Sitio Royalties Corp. (NYSE:STR)

Sitio Royalties Q3 2022 Earnings Preview

Nov 07

Sitio Royalties: Reasons For Being Undervalued

Oct 10

reports Q2 results

Aug 08

Sitio Royalties Corp.: 10.79% Dividend Yield With Industrial Catalyst

Jul 26

CEO Compensation Analysis

How has Chris Conoscenti's remuneration changed compared to Sitio Royalties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$5m

Jun 30 2024n/an/a

-US$17m

Mar 31 2024n/an/a

-US$31m

Dec 31 2023US$7mUS$792k

-US$17m

Sep 30 2023n/an/a

US$21m

Jun 30 2023n/an/a

US$30m

Mar 31 2023n/an/a

US$37m

Dec 31 2022US$10mUS$284k

US$15m

Compensation vs Market: Chris's total compensation ($USD6.77M) is about average for companies of similar size in the US market ($USD6.65M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


CEO

Chris Conoscenti (48 yo)

2.5yrs

Tenure

US$6,767,877

Compensation

Mr. Christopher L. Conoscenti, also known as Chris, is the Chief Executive Officer at Sitio Royalties Corp. and has been its Director since June 7, 2022. Mr. Conoscenti joined the Sitio Royalties Corp. in...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Conoscenti
CEO & Directorno dataUS$6.77m0.11%
$ 3.1m
Carrie Osicka
Chief Financial Officerno dataUS$3.25m0.040%
$ 1.2m
Jarret Marcoux
Executive Vice President of Operationsless than a yearUS$2.76m0.012%
$ 351.8k
Brett Riesenfeld
Executive VP5.5yrsUS$2.38m0.037%
$ 1.1m
A. McDavid
Executive Vice President of Corporate Developmentno dataUS$2.94mno data
Britton James
Executive Vice President of Landno dataUS$2.76m0.028%
$ 813.9k
Dawn Smajstrla
Chief Accounting Officerless than a yearno datano data
Ross Wong
Vice President of Finance & Investor Relationsno datano datano data

0.9yrs

Average Tenure

43yo

Average Age

Experienced Management: STR's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher Conoscenti
CEO & Director2.5yrsUS$6.77m0.11%
$ 3.1m
Richard Stoneburner
Independent Director2yrsUS$297.20k0.031%
$ 883.9k
John Sult
Independent Director2yrsUS$312.20k0.11%
$ 3.2m
Alice Gould
Independent Directorno dataUS$317.20k0.0015%
$ 43.9k
Jon-Al Duplantier
Independent Board Director2yrsUS$297.20k0.053%
$ 1.5m
Claire Harvey
Independent Director4.6yrsUS$297.20k0.035%
$ 1.0m
Gayle Burleson
Independent Board Member2yrsUS$297.20k0.041%
$ 1.2m
Noam Lockshin
Independent Chairman2.5yrsUS$297.20k0.024%
$ 696.4k
Morris Clark
Independent Director2.5yrsUS$322.20k0.024%
$ 696.4k

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: STR's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 09:44
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sitio Royalties Corp. is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeanine WaiBarclays
Jeanine WaiBarclays
Betty JiangBarclays