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Sitio Royalties upgraded to buy, new Top Pick at Credit Suisse (NYSE:STR)

Sitio Royalties (STR) is the new Top Pick among oil and gas mineral royalty companies at Credit Suisse, which upgraded the stock to Outperform from Neutral with a $33 price target,. ....

United States , Eagle Ford , West Virginia , Desert Peak Minerals On , Credit Suisse , Falcon Mineral Corp , Top Pick , Hooks Ranch , Falcon Mineral , Desert Peak Minerals , Desert Peak , Sitio Royalties ,

Credit Suisse Upgrades Sitio Royalties (STR) to Outperform, New Top Pick

Credit Suisse Upgrades Sitio Royalties (STR) to Outperform, New Top Pick
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Chris Baker , Desert Peak Minerals , Credit Suisse , Falcon Minerals , Sitio Royalties , New Top Pick , Hooks Ranch , Hamiltonb Hooks ,

Falcon Minerals Corporation : Reports Fourth Quarter and Full Year 2020 Financial Results


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Falcon Minerals Corporation (“Falcon,” or the “Company,” “we,” “our,”) (NASDAQ: FLMN, FLMNW), a leading oil and gas minerals company, today announced financial and operating results for the fourth quarter and full year ending December 31, 2020.
Fourth Quarter 2020 Highlights
Net production of 4,196 barrels of oil equivalent per day (“boe/d”) for the fourth quarter 2020
236 gross Eagle Ford line-of-sight wells (3.06 net) permitted and in active development as of February 1, 2021
Line-of-sight is inclusive of multiple high net revenue interest (“NRI”) units
Averaged 2 rigs running on Falcon’s Eagle Ford position during the fourth quarter 2020
34 gross, 0.27 net wells were turned in line (“TIL”) during the fourth quarter 2020 ....

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