Rattler Midstream (RTLR) Stock Price, News & Analysis

Company Overview

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 was formerly known as Rattler Midstream Partners LP. The company was incorporated in 2018 and is based in Midland, Texas. Rattler Midstream LP is a subsidiary of Diamondback Energy, Inc.

Key Stats

• Today's Range: $15.22 to $15.22
• 50-Day Range: $13.07 to $15.22
• 52-Week Range: $10.28 to $18.22
• Volume: 60 shs
• Average Volume: 565,909 shs
• Market Capitalization: $2.22 billion
• P/E Ratio: 16.37
• Dividend Yield: 7.88%
• Price Target: N/A
• Consensus Rating: N/A

RTLR Stock Analysis - Frequently Asked Questions

How were Rattler Midstream's earnings last quarter?

Rattler Midstream LP (NASDAQ:RTLR) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.02. The company earned $96.57 million during the quarter, compared to analyst estimates of $102.61 million. Rattler Midstream had a net margin of 9.46% and a trailing twelve-month return on equity of 3.28%.

When did Rattler Midstream IPO?

Rattler Midstream (RTLR) raised $583 million in an IPO on Thursday, May 23rd 2019. The company issued 33,300,000 shares at a price of $16.00-$19.00 per share. Credit Suisse, BofA Merrill Lynch, J.P. Morgan, Barclays, Citigroup, Goldman Sachs and Wells Fargo Securities acted as the underwriters for the IPO and Capital One Securities, Scotia Howard Weil, SunTrust Robinson Humphrey, UBS Investment Bank, Evercore ISI, Morgan Stanley, RBC Capital Markets, Simmons Energy (A Division of Piper Jaffray), Tudor, Pickering, Holt, Raymond James, Seaport Global Securities, Northland Capital Markets, PNC Capital Markets and TD Securities were co-managers.

What other stocks do shareholders of Rattler Midstream own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Rattler Midstream investors own include Cenovus Energy (CVE), Crescent Point Energy (CPG), Energy Transfer (ET), Enbridge (enb), Enterprise Products Partners (EPD), Pfizer (pfe) and Meta Platforms (META).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 1/14/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Natural Gas Transmission
• Sub-Industry: N/A
• Current Symbol: NASDAQ:RTLR
• CUSIP: N/A
• CIK: 1748773
• Web: www.rattlermidstream.com
• Phone: (432) 221-7400
• Fax: 432-221-7498
• Employees: 2,020
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.93
• Trailing P/E Ratio: 16.37
• Forward P/E Ratio: 16.91
• P/E Growth: N/A
• Net Income: $36.78 million
• Net Margins: 9.46%
• Pretax Margin: 46.16%
• Return on Equity: 3.28%
• Return on Assets: 2.01%

Debt

• Debt-to-Equity Ratio: 0.62
• Current Ratio: 1.43
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $396.34 million
• Price / Sales: 5.61
• Cash Flow: $0.57 per share
• Price / Cash Flow: 26.61
• Book Value: $8.02 per share
• Price / Book: 1.90

Miscellaneous

• Outstanding Shares: 145,961,000
• Free Float: 143,480,000
• Market Cap: $2.22 billion
• Optionable: Not Optionable
• Beta: 2.86