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NASDAQ:RTLR

Rattler Midstream (RTLR) Stock Price, News & Analysis

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About Rattler Midstream Stock (NASDAQ:RTLR)

Key Stats

Today's Range
$15.22
$15.22
50-Day Range
$13.07
$15.22
52-Week Range
$10.28
$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

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.

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RTLR Stock News Headlines

Western Midstream Partners LP
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RTLR Stock Analysis - Frequently Asked Questions

Rattler Midstream LP (NASDAQ:RTLR) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.02. The company had revenue of $96.57 million for 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%.

Rattler Midstream (RTLR) raised $583 million in an initial public offering on Thursday, May 23rd 2019. The company issued 33,300,000 shares at $16.00-$19.00 per share. Credit Suisse, BofA Merrill Lynch, J.P. Morgan, Barclays, Citigroup, Goldman Sachs and Wells Fargo Securities served 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.

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
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Natural Gas Transmission
Sub-Industry
N/A
Current Symbol
NASDAQ:RTLR
Employees
2,020
Year Founded
N/A

Profitability

Net Income
$36.78 million
Pretax Margin
46.16%

Debt

Sales & Book Value

Annual Sales
$396.34 million
Cash Flow
$0.57 per share
Book Value
$8.02 per share

Miscellaneous

Free Float
143,480,000
Market Cap
$2.22 billion
Optionable
Not Optionable
Beta
2.86
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This page (NASDAQ:RTLR) was last updated on 10/31/2024 by MarketBeat.com Staff
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