5 Fastest Growing Energy Companies in the US

3. Sitio Royalties Corp. (NYSE:STR)

Year over Year growth rate 2023: +70.08%

Sitio Royalties Corp. (NYSE:STR) specializes in acquiring, owning, and managing mineral and royalty interests across premium basins in the United States. The company leases its mineral interests to oil and gas exploration and production (E&P) companies.

In the twelve months ending September 30, 2023, Sitio Royalties (NYSE:STR) reported revenue of $543.95 million, marking a robust 70.08% year-over-year growth. Revenue for the quarter ending September 30, 2023, amounted to $156.71 million, reflecting a 35.68% year-over-year growth. In 2022, the company achieved annual revenue of $369.61 million, demonstrating an impressive growth rate of 206.51%.