Rattler Midstream LP (RTLR)
Stock Price:
$6.28 USD
-0.22 (-3.38%)
Updated Oct 26, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
953.38M |
| Revenue (ttm) |
458.85M |
| Net Income (ttm) |
157.09M |
| Shares Out |
44.00M |
| EPS (ttm) |
0.72 |
| PE Ratio |
8.72 |
| Forward PE |
9.76 |
| Dividend |
$1.16 |
| Dividend Yield |
18.47% |
Stock Quote
| Trading Day |
Oct 26, 2020 |
| Last Price |
$6.28 |
| Previous Close |
$6.50 |
| Change ($) |
-0.22 |
| Change (%) |
-3.38% |
| Day's Open |
6.38 |
| Day's Range |
6.13 - 6.46 |
| Day's Volume |
214,799 |
| 52-Week Range |
2.90 - 18.41 |
More Stats
| Market Cap |
953.38M |
| Enterprise Value |
1.47B |
| Earnings Date (est) |
Nov 4, 2020 |
| Ex-Dividend Date |
Aug 14, 2020 |
| Shares Outstanding |
44.00M |
| Float |
41.90M |
| EPS (basic) |
0.86 |
| EPS (diluted) |
0.72 |
| FCF / Share |
-0.45 |
| Dividend |
$1.16 |
| Dividend Yield |
18.47% |
| Earnings Yield |
11.46% |
| FCF Yield |
n/a |
| Payout Ratio |
107.00% |
| Shares Short |
694,415 |
| Short Ratio |
1.80 |
| Short % of Float |
1.66% |
| Beta |
n/a |
| PE Ratio |
8.72 |
| Forward PE |
9.76 |
| P/FCF Ratio |
n/a |
| PS Ratio |
2.08 |
| PB Ratio |
2.49 |
| Revenue |
458.85M |
| Operating Income |
203.38M |
| Net Income |
157.09M |
| Free Cash Flow |
-19.74M |
| Net Cash |
-511.92M |
| Net Cash / Share |
-3.37 |
| Gross Margin |
60.12% |
| Operating Margin |
44.32% |
| Profit Margin |
34.20% |
| FCF Margin |
-4.30% |
| ROA |
8.75% |
| ROE |
14.81% |
| ROIC |
9.20% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (14)
| Buy |
6 |
| Overweight |
0 |
| Hold |
8 |
| Underweight |
0 |
| Sell |
0 |
Analyst Consensus: Overweight
Price Target
$9.42*
(50.00% upside)
Low
6.50
Current: $6.28
High
13.00
Target: 9.42
*Average 12-month price target from 13 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 |
|---|
| Revenue | 448 | 184 | 39.30 |
| Revenue Growth | 142.68% | 369.44% | - |
| Gross Profit | 276 | 110 | 28.74 |
| Operating Income | 219 | 80.32 | 23.99 |
| Net Income | 186 | 62.96 | 20.67 |
| Shares Outstanding | 43.62 | - | - |
| Earnings Per Share | 0.64 | - | - |
| Dividend Per Share | 0.34 | - | - |
| Operating Cash Flow | 218 | 173 | 0.01 |
| Capital Expenditures | -242 | -165 | - |
| Free Cash Flow | -23.58 | 8.56 | 0.01 |
| Cash & Equivalents | 10.63 | 8.56 | - |
| Total Debt | 424 | - | - |
| Net Cash / Debt | -414 | 8.56 | - |
| Assets | 1,636 | 604 | - |
| Liabilities | 521 | 76.89 | - |
| Book Value | 740 | 527 | - |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Rattler Midstream LP |
| Country |
United States |
| CEO |
Travis D. Stice |
Stock Information
| Ticker Symbol |
RTLR |
| Stock Exchange |
NASDAQ |
| Sector |
Energy |
| Industry |
Oil & Gas Midstream |
| Unique Identifier |
NASDAQ: RTLR |
| IPO Date |
May 23, 2019 |
Description
Rattler Midstream LP owns, operates, develops, and acquires midstream 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, 2019, the company owned and operated 867 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system on acreage that overlays Diamondback's seven core Midland and Delaware Basin development areas. It also rents real estate properties. Rattler Midstream GP LLC serves as the general partner of the company. The company was formerly known as Rattler Midstream Partners LP. The company is based in Midland, Texas. Rattler Midstream LP is a subsidiary of Diamondback Energy, Inc.