NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Sitio Royalties Corp. (NYSE: STR ) related to its sale to Viper Energy, Inc. The merger consideration will consist of 0.4855 shares of Class A common stock of a new holding company (“New Viper”) for each share of Sitio Class A common stock, 0.4855 units of Viper's operating subsidiary, Viper Energy Partners LLC, for each unit of Sitio's operating subsidiary, and 0.4855 units of Class B common stock of pro forma Viper for each share of Sitio Class C common stock.
MONSEY, N.Y., June 09, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed merger of Sitio Royalties Corp. (NYSE: STR) (“Sitio”) with Viper Energy, Inc. (“Viper”) in an all-stock transaction that values Sitio at approximately $19.41 per share based on the closing price of Viper common stock on June 2, 2025.
Viper Energy will acquire Sitio Royalties in an all-stock deal valued at $4.1 billion, including debt.
Industrial Materials Industry | Basic Materials Sector | Mr. Christopher L. Conoscenti CEO | XPHS Exchange | PHY9390P1067 ISIN |
US Country | 72 Employees | 20 May 2025 Last Dividend | 6 Jun 2022 Last Split | 8 Sep 2017 IPO Date |
Sitio Royalties Corp., founded in 2016, is a distinguished entity that specializes in the acquisition, ownership, and management of mineral and royalty interests. With its headquarters established in Denver, Colorado, the company focuses on pivotal areas across premium basins within the United States. It effectively leverages its expertise to sustain a significant presence in some of the country's most prolific oil and gas regions, including the Permian basin in West Texas and southeastern New Mexico, the Eagle Ford basin in South Texas, the DJ basin across Colorado and Wyoming, and the Williston basin in North Dakota. Through strategic management and acquisition, Sitio Royalties Corp. aims to maximize value and generate substantial returns from its diversified portfolio.
Sitio Royalties Corp. offers an array of specialized products and services tailored to the energy sector, particularly focusing on the management and acquisition of mineral and royalty interests:
The company actively pursues opportunities to acquire mineral and royalty interests across premium basins in the United States. By leveraging its deep industry knowledge and extensive network, Sitio Royalties Corp. identifies and secures valuable assets that promise high returns and sustainable income.
With a focus on four key basins, including the Permian, Eagle Ford, DJ, and Williston basins, Sitio Royalties Corp. employs a strategic approach to managing its portfolio. The company continuously evaluates and optimizes its holdings to ensure alignment with market trends and maximize value for stakeholders.
The strategic selection of basins for investment underscores the company’s commitment to generating robust returns. Sitio Royalties Corp. concentrates its efforts on regions known for their prolific production capabilities, such as the Permian basin in West Texas and southeastern New Mexico, the Eagle Ford basin in South Texas, the DJ basin in Colorado and Wyoming, and the Williston basin in North Dakota, ensuring a diversified and resilient asset base.