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Rattler Midstream LP (RTLR)

NASDAQ: RTLR · IEX Real-Time Price · USD
11.18 -0.61 (-5.17%)
Sep 20, 2021 11:12 AM EDT - Market open
Market Cap1.75B
Revenue (ttm)405.71M
Net Income (ttm)37.30M
Shares Out41.03M
EPS (ttm)0.83
PE Ratio13.47
Forward PE11.01
Dividend$0.85 (7.60%)
Ex-Dividend DateAug 13, 2021
Volume140,324
Open11.33
Previous Close11.79
Day's Range11.08 - 11.59
52-Week Range5.07 - 12.18
Beta4.27
AnalystsBuy
Price Target12.29 (+9.9%)
Est. Earnings DateNov 3, 2021

About RTLR

Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins of the Permian Basin in West Texas. The company operates in two segments, Midstream Services and Real Estate Operations. It provides crude oil, natural gas, and water-related midstream services. As of December 31, 2020, the company owned and operated 927 miles of crude oil, natural gas, sourced water and produced water gathering pipelines on acreage that overlays Diamondback's seven core Midland and D...

IndustryOil, Gas & Consumable Fuels
IPO DateMay 23, 2019
CountryUnited States
Stock ExchangeNASDAQ
Ticker SymbolRTLR
Full Company Profile

Financial Performance

In 2020, RTLR's revenue was $423.91 million, a decrease of -5.31% compared to the previous year's $447.67 million. Earnings were $34.69 million, an increase of 20.45%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for RTLR stock is "Buy." The 12-month stock price forecast is 12.29, which is an increase of 9.93% from the latest price.

Price Target
$12.29
(9.93% upside)
Analyst Consensus: Buy

News

Midstream Buybacks Gain Traction on Free Cash Flow Recovery

The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through bu...

Other symbols:ENLCMMPMPLXPAAWMB
4 days ago - Zacks Investment Research

Rattler Midstream (RTLR) Lags Q2 Earnings and Revenue Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -22.22% and -1.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2021 Financial and Operating R...

MIDLAND, Texas, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announc...

1 month ago - GlobeNewsWire

Rattler Midstream (RTLR) Earnings Expected to Grow: Should You Buy?

Rattler Midstream (RTLR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2021 Conference Call for Aug...

MIDLAND, Texas, June 30, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans ...

2 months ago - GlobeNewsWire

Rattler Midstream (RTLR) Misses Q1 Earnings Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -36.00% and 12.25%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2021 Financial and Operating Re...

MIDLAND, Texas, May 04, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announce...

4 months ago - GlobeNewsWire

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules First Quarter 2021 Conference Call for May ...

MIDLAND, Texas, March 30, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans...

5 months ago - GlobeNewsWire

Rattler Midstream (RTLR) Misses Q4 Earnings Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -8.33% and 16.88%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Fourth Quarter and Full Year 2020 Financial a...

MIDLAND, Texas, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announc...

6 months ago - GlobeNewsWire

Earnings Preview: Rattler Midstream (RTLR) Q4 Earnings Expected to Decline

Rattler Midstream (RTLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Earnings Preview: Rattler Midstream (RTLR) Q4 Earnings Expected to Decline

Rattler Midstream (RTLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Fourth Quarter 2020 Conference Call for Feb...

MIDLAND, Texas, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans ...

8 months ago - GlobeNewsWire

Rattler Midstream: Strategy Change

The distribution was cut to enable a common unit repurchase program. Leverage should remain around 2.

9 months ago - Seeking Alpha

Rattler Midstream LP (RTLR) CEO Travis Stice on Q3 2020 Results - Earnings Call Transcript

Rattler Midstream LP (RTLR) CEO Travis Stice on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

Rattler Midstream (RTLR) Matches Q3 Earnings Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of 0.00% and 9.14%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Analysts Estimate Rattler Midstream (RTLR) to Report a Decline in Earnings: What to Look Out for

Rattler Midstream (RTLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

10 months ago - Zacks Investment Research

Rattler Midstream: An Unfairly Beaten Up MLP With A 17% Yield

Rattler Midstream was set up by Diamondback Energy to develop the midstream infrastructure in the Permian basin.

10 months ago - Seeking Alpha

3 Stocks That Could Be Deals

Investors who are screening for value opportunities may want to consider the following stocks since their share prices are trading at a discount to the intrinsic value calculated by GuruFocus' earnings-...

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10 months ago - GuruFocus

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Third Quarter 2020 Conference Call for Nove...

MIDLAND, Texas, Sept. 25, 2020 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it pla...

11 months ago - GlobeNewsWire

Rattler Midstream: Sliding Away From A Rough Quarter

Rattler Midstream: Sliding Away From A Rough Quarter

1 year ago - Seeking Alpha

Rattler Midstream LP (RTLR) CEO Travis Stice on Q2 2020 Results - Earnings Call Transcript

Rattler Midstream LP (RTLR) CEO Travis Stice on Q2 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Rattler Midstream LP: 14% Yield, No K-1, Management Reaffirms 2020 Distributions

Rattler Midstream LP: 14% Yield, No K-1, Management Reaffirms 2020 Distributions

1 year ago - Seeking Alpha

Rattler Midstream (RTLR) Misses Q2 Earnings Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -21.05% and 5.79%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Rattler Midstream (RTLR) Reports Next Week: Wall Street Expects Earnings Growth

Rattler Midstream (RTLR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research