Diamondback Unit to Buy Sitio Royalties in $4-Billion All-Stock Deal
OilPrice
JUNE 3, 2025
Sitio is a pure-play mineral and royalty company that acquires quality oil and gas mineral and royalty interests in productive U.S. Sitio has around 25,300 net royalty acres in the Permian Basin, as well as an additional The buyer will acquire Sitios net debt of approximately $1.1
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