Why Sitio Royalties Corp. (STR) Gained This Week
From Yahoo Finance: 2025-06-06 13:39:00
Sitio Royalties Corp. (STR) saw a 13.29% share price increase between May 29 and June 5, 2025, making it one of the Energy Stocks that Gained the Most This Week. The company is set to be acquired by Viper Energy, a subsidiary of Diamondback Energy, in an all-equity deal valued at $4.1 billion.
CEO Chris Conoscenti expressed excitement about the acquisition, highlighting the strategic vision of integrating high-quality assets. While STR shows promise as an investment, there may be better opportunities in AI stocks with higher returns and limited downside risk. Consider exploring the best short-term AI stock for potential opportunities.
For more insights on energy investments, check out 10 Cheap Energy Stocks to Buy Now and 15 Best Large Cap Energy Stocks to Buy According to Hedge Funds. Note: None of the information provided is promotional or marketing material.
Read more at Yahoo Finance: Why Sitio Royalties Corp. (STR) Gained This Week