Sitio Royalties Stock Surges 16% On $4.1 Bln All-Stock Acquisition By Viper Energy

(RTTNews) - Sitio Royalties Corp. (STR) jumped 16.11 percent to $20.11 after announcing it will be acquired by Viper Energy, Inc. (VNOM), a subsidiary of Diamondback Energy, in an all-equity transaction valued at approximately $4.1 billion including debt.

Shares opened at $18.93 and traded between $18.64 and $19.93, compared to a prior close of $17.32 on the New York Stock Exchange. Volume stood at 4.3 million, well above average. The stock is currently trading within a 52-week range of $14.58 to $25.64. The acquisition is expected to close in the third quarter of 2025, pending regulatory approvals.