v3.26.1
STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule Of Ownership Interests
The following table presents the beneficial ownership of Common Stock and OpCo Units as of June 30, 2026:

As of June 30, 2026
Shares of Common Stock Beneficially Owned
Percentage Ownership(1)
OpCo Units Beneficially Owned
Percentage Ownership
Public equity holders of Class A Common Stock
191,382,620 52.7 %— — %
Viper and subsidiaries
— — 191,382,620 52.7 
Diamondback and subsidiaries
142,156,718 39.2 142,156,718 39.2 
Sitio OpCo Former Equity Holders
21,317,596 5.9 21,317,596 5.9 
TWR IV(1)
6,746,384 1.8 6,746,384 1.8 
EnCap
1,315,530 0.4 1,315,530 0.4 
Total Ownership(1)
362,918,848 100.0 %362,918,848 100.0 %
(1)On a fully diluted basis, assuming TWR IV exercises the TWR Class B Option.
Schedule of Cash Distributions
The following table presents information regarding cash dividends paid during the periods presented (in millions except per share amounts):

Distributions
PeriodAmount per OpCo Unit
Operating Company Distributions to Non-Controlling Interests
Amount per Class A Common ShareClass A Common StockholdersDeclaration DateClass A Common Stockholder Record DatePayment Date
2026
Q4 2025
$0.65 $113 $0.52 $100 
February 18, 2026
March 5, 2026
March 12, 2026
Q1 2026$0.86 $147 $0.68 $133 April 29, 2026May 14, 2026May 21, 2026
2025
Q4 2024$0.69 $68 $0.65 $85 
January 30, 2025
March 6, 2025
March 13, 2025
Q1 2025$0.70 $117 $0.57 $75 May 1, 2025May 15, 2025May 22, 2025
Schedule of Change in Ownership Interest
The following table summarizes the changes in the Company’s stockholders’ equity due to changes in ownership interest of subsidiaries during the period:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(In millions)
Net income (loss) attributable to the Company$142 $37 $239 $112 
Transfers from the non-controlling interest:
Increase in additional paid-in capital due to exchange of Class B Common Stock and OpCo Units into shares of Class A Common Stock— 787 — 
Other transfers to the non-controlling interest, net
41 792 (27)556 
Change from net income (loss) attributable to the Company’s stockholders and transfers with non-controlling interest$184 $829 $999 $668