NASDAQ:RTLR

Rattler Midstream (RTLR) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
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
RTLR stock logo

About Rattler Midstream Stock (NASDAQ: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 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.

RTLR Stock News Headlines

Western Midstream Partners LP
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Rattler Midstream LP - Stock News
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Company Calendar

Last Earnings
11/03/2021
Today
4/24/2024
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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Key Executives

  • Mr. Travis D. Stice (Age 60)
    CEO & Director of Rattler Midstream GP LLC
  • Mr. Matthew Kaes Van't Hof (Age 35)
    Pres & Director of Rattler Midstream GP LLC
  • Ms. Teresa L. Dick (Age 52)
    CFO, Exec. VP & Assistant Sec. of Rattler Midstream GP LLC
  • Mr. Adam T. Lawlis
    VP of Investor Relations
  • Mr. P. Matt Zmigrosky (Age 43)
    Exec. VP, Gen. Counsel & Sec. of Rattler Midstream GP LLC

RTLR Stock Analysis - Frequently Asked Questions

How were Rattler Midstream's earnings last quarter?

Rattler Midstream LP (NASDAQ:RTLR) posted its earnings results on Wednesday, November, 3rd. The company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.24 by $0.02. The firm 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%. During the same period last year, the company posted $0.20 EPS.

Is Rattler Midstream a good dividend stock?

Rattler Midstream (NASDAQ:RTLR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 7.88%. RTLR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 129.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, RTLR will have a dividend payout ratio of 118.81% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for RTLR.

What other stocks do shareholders of Rattler Midstream own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Rattler Midstream investors own include Energy Transfer (ET), Verizon Communications (VZ), AbbVie (ABBV), Delta Air Lines (DAL), Enterprise Products Partners (EPD), AT&T (T), Southwest Airlines (LUV), Pfizer (PFE), Suncor Energy (SU) and USA Compression Partners (USAC).

When did Rattler Midstream IPO?

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 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.

This page (NASDAQ:RTLR) was last updated on 4/24/2024 by MarketBeat.com Staff

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