$Sitio Royalties (STR.US)$Listed in 2022, the company's reve...

$Sitio Royalties (STR.US)$Listed in 2022, the company's revenue declined and recovered in the past three years. Operating profit also decreased from 0.037 billion to 0.008 billion and then recovered to 0.033 billion. The revenue in the first three quarters of 2022 surged 2.8 times to 0.27 billion, and the operating profit skyrocketed 5 times to 0.175 billion. The net income surged to 0.18 billion, but only 0.015 billion remained after preferred stock dividends. Currently, the PE ratio is 53. If the full-year net income is 0.02 billion, the corresponding PE ratio would be 18.4. It seems that the valuation is not cheap at the moment.