DENVER (AP) — DENVER (AP) — Sitio Royalties Corp. (STR) on Wednesday reported first-quarter net income of $10.3 million.
The Denver-based company said it had profit of 13 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The company posted revenue of $163.5 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STR at https://www.zacks.com/ap/STR
