STR News and Press, Questar Corporation From 07/26/22

STR announced the acquisition of 19,700 NRAs from Foundation Minerals and 12,200 NRAs from Momentum Minerals. The estimated annualized dividend payment is $2.88, which gives the forward dividend yield of 10.79% at the current share price. I believe the stock can trade at a higher ...

Midstream was flat during a down week for the energy sector. G&Ps were surprisingly strong as prior weeks' selling was overdone. Fundamentals continue to provide a bullish tailwind for the sector's equities. Midstream Sector Performance Midstream was broadly ...

Sitio Royalties Corp. (NYSE: STR) (“Sitio”) today announced that it will report operating and financial results for the second quarter of 2022 on Monday, August 8, 2022, after the close of trading on the New York Stock Exchange. Sitio will host a conference call at 8:3...

Sitio Royalties ( NYSE: STR ) +3.6% in Friday's trading as RBC Capital upgrades shares to Outperform from Sector Perform with a $43 price target, raised from $36, saying the company is executing its Permian consolidation strategy more quickly than expected. RBC ...

Sitio Royalties (NYSE:STR) on Monday agreed to acquire more than 12.2K net royalty acres in the Permian Basin from fund manager Momentum Minerals for ~$224M, and completed the acquisition of 19.7K net royalty acres from Quantum Energy Partners for ~$323M. Sitio (STR) said it expects to add ~1...

Adds 31,900 NRAs, bringing Company’s total to 173,700 NRAs Issues financial and operational guidance for second half of 2022 Sitio Royalties Corp. (NYSE: STR) (“Sitio” or the “Company”) today announce...

Midstream traded down but managed to outperform the S&P 500. Inflation fears are spooking investors but will have less of an impact on midstream equities and their income generation prospects. The week’s selloff provides a good entry point for investors looking to incre...

Combined Company Rebranded Sitio Royalties Corp. (NASDAQ: STR) Sitio Poised to Become Leading Oil-Weighted Mineral and Royalty Interest Consolidator Desert Peak Minerals (“Desert Peak”) and Falcon Minerals Corporation (“Falcon”) today anno...

Introduction I believe in keeping things simple. That is why I have developed my Keep It Simple, Stupid (KISS) portfolio, which I have managed for over 6 years, with updates posted on Seeking Alpha every quarter. It’s also why I have always been intrigued by the Dogs of the Dow (" ...