Rattler Midstream LP (RTLR)

NASDAQ: RTLR · IEX Real-Time Price · USD
14.54
+0.60 (4.30%)
Jun 28, 2022 4:30 PM EDT - Market closed
4.30%
Market Cap 2.12B
Revenue (ttm) 401.00M
Net Income (ttm) 38.70M
Shares Out 145.96M
EPS (ttm) 0.93
PE Ratio 15.72
Forward PE 13.55
Dividend $1.10 (7.57%)
Ex-Dividend Date May 12, 2022
Volume 257,236
Open 14.43
Previous Close 13.94
Day's Range 14.11 - 14.72
52-Week Range 9.51 - 18.22
Beta 3.02
Analysts Buy
Price Target 15.74 (+8.3%)
Earnings Date Aug 3, 2022

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. The company provides crude oil and water-related midstream services. As of December 31, 2021, it owned and operated 866 miles of crude oil, sourced water, and produced water gathering pipelines on acreage that overlays Diamondback Energy, Inc.'s core Midland and Delaware Basin development areas. Rattler Midstream GP LLC serves as the general partner of the company. The company wa... [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date May 23, 2019
Country United States
Stock Exchange NASDAQ
Ticker Symbol RTLR
Full Company Profile

Financial Performance

In 2021, RTLR's revenue was $396.34 million, a decrease of -6.50% compared to the previous year's $423.91 million. Earnings were $36.78 million, an increase of 6.02%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for RTLR stock is "Buy." The 12-month stock price forecast is 15.74, which is an increase of 8.25% from the latest price.

Price Target
$15.74
(8.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Rattler Midstream Stock Jumped Today

A major investor is making a bid for the pipeline company.

UNITHOLDER ALERT: Weiss Law Investigates Rattler Midstream LP

NEW YORK , May 16, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Rattler Midstream LP ("Rattler" or the "Co...

Other symbols: FANG

Diamondback Energy to buy Rattler Midstream in a stock deal valuing Rattler at about $2.2 billion

Rattler Midstream L.P. RTLR, +2.55% announced Monday a deal to be acquired by Diamondback Energy Inc. FANG, +5.03% in an all-stock deal that values Rattler at about $2.20 billion.

Other symbols: FANG

Rattler Midstream (RTLR) Q1 Earnings Lag Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -26.92% and 5.17%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports First Quarter 2022 Financial and Operating Re...

MIDLAND, Texas, May 03, 2022 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announce...

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.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules First Quarter 2022 Conference Call for May ...

MIDLAND, Texas, April 05, 2022 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans...

How Rattler Midstream (RTLR) Stock Stands Out in a Strong Industry

Rattler Midstream (RTLR) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Earnings Estimates Moving Higher for Rattler Midstream (RTLR): Time to Buy?

Rattler Midstream (RTLR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Here's Why Rattler Midstream (RTLR) is a Great Momentum Stock to Buy

Does Rattler Midstream (RTLR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Rattler Midstream (RTLR) Surpasses Q4 Earnings and Revenue Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of 4.35% and 9.24%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

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

MIDLAND, Texas, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announc...

3 Oil-And-Gas Stocks Holding Up During Market Pullback

The energy sector is leading the way so far in 2022. Despite the prominence of “big oil,” there are lesser-known or smaller companies from the sector that have also held up well despite the broad-market...

Other symbols: MPCMPLX

BANGL Adds Rattler Midstream LP as Strategic Partner Following Fourth Quarter 2021 In-Service Date

AUSTIN, Texas--(BUSINESS WIRE)--WhiteWater Midstream (WhiteWater), MPLX LP (MPLX NYSE: MPLX), and West Texas Gas (WTG) are pleased to announce the addition of a fourth partner, Rattler Midstream LP (Rat...

Other symbols: FANGMPLX

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

MIDLAND, Texas, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans ...

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Closing of Drop Down Transaction

MIDLAND, Texas, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced the closing of...

Rattler Midstream (RTLR) Q3 Earnings and Revenues Miss Estimates

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -4.35% and -5.89%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

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

MIDLAND, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announc...

A Preview Of Rattler Midstream's Earnings

Rattler Midstream (NASDAQ:RTLR) is set to give its latest quarterly earnings report on Wednesday, 2021-11-03. Here's what investors need to know before the announcement.

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

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.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Drop Down Transaction

MIDLAND, Texas, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that Rattler M...

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Strategic Midland Basin Gas Gathering & Pro...

MIDLAND, Texas, Oct. 12, 2021 (GLOBE NEWSWIRE) -- On October 5, 2021 Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), and a priva...

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

MIDLAND, Texas, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans...

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

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?