NASDAQ:RTLRRattler Midstream Stock Price, Forecast & News

Rattler Midstream's stock was trading at $5.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RTLR shares have increased by 61.5% and is now trading at $9.1750. View which stocks have been most impacted by Coronavirus.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rattler Midstream in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Rattler Midstream.

Rattler Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Rattler Midstream.

Rattler Midstream LP (NASDAQ:RTLR) issued its quarterly earnings data on Wednesday, May, 6th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.29 by $0.01. The business earned $129.40 million during the quarter, compared to the consensus estimate of $118.34 million. Rattler Midstream had a net margin of 8.68% and a return on equity of 3.74%. View Rattler Midstream's earnings history.

Rattler Midstream announced a quarterly dividend on Friday, May 8th. Shareholders of record on Monday, May 18th will be given a dividend of $0.29 per share on Tuesday, May 26th. This represents a $1.16 annualized dividend and a dividend yield of 12.64%. The ex-dividend date is Friday, May 15th. View Rattler Midstream's dividend history.

16 analysts have issued 1 year price objectives for Rattler Midstream's shares. Their forecasts range from $5.00 to $25.00. On average, they anticipate Rattler Midstream's stock price to reach $16.71 in the next year. This suggests a possible upside of 82.2% from the stock's current price. View analysts' price targets for Rattler Midstream.

Media coverage about RTLR stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Rattler Midstream earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutRattler Midstream.

Rattler Midstream saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,110,000 shares, an increase of 8.2% from the April 30th total of 1,950,000 shares. Based on an average daily volume of 681,200 shares, the days-to-cover ratio is presently 3.1 days. Approximately 5.1% of the shares of the stock are short sold. View Rattler Midstream's Current Options Chain.

Some companies that are related to Rattler Midstream include Targa Resources (TRGP), Western Midstream Partners (WES), EQM Midstream Partners (EQM), TC Pipelines (TCP), Antero Midstream (AM), DCP Midstream (DCP), Enable Midstream Partners (ENBL), USA Compression Partners (USAC), EnLink Midstream (ENLC), Archrock (AROC), Transportadora de Gas del Sur (TGS), CNX Midstream Partners (CNXM) and Summit Midstream Partners (SMLP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Rattler Midstream investors own include Energy Transfer LP Unit (ET), Verizon Communications (VZ), Delta Air Lines (DAL), Enterprise Products Partners (EPD), AT&T (T), AbbVie (ABBV), Wells Fargo & Co (WFC), Crestwood Equity Partners (CEQP), Walt Disney (DIS) and Enbridge (ENB).

(RTLR) raised $583 million in an initial public offering (IPO) 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.

Rattler Midstream trades on the NASDAQ under the ticker symbol "RTLR."

Rattler Midstream's stock is owned by many different institutional and retail investors. Top institutional investors include Zimmer Partners LP (3.16%), HITE Hedge Asset Management LLC (2.60%), Clearbridge Investments LLC (2.09%), Prescott Group Capital Management L.L.C. (1.63%), Waddell & Reed Financial Inc. (1.24%) and JPMorgan Chase & Co. (1.03%). Company insiders that own Rattler Midstream stock include Hof Matthew Kaes Van't, Matt Zmigrosky, Steven E West and Travis D Stice. View institutional ownership trends for Rattler Midstream.

RTLR stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Tortoise Capital Advisors L.L.C., BlackRock Inc., Clearbridge Investments LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Parametric Portfolio Associates LLC, Wellington Management Group LLP, and Castleark Management LLC. View insider buying and selling activity for Rattler Midstream.

RTLR stock was acquired by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Prescott Group Capital Management L.L.C., HITE Hedge Asset Management LLC, Harvest Fund Advisors LLC, Kayne Anderson Capital Advisors LP, Waddell & Reed Financial Inc., Alyeska Investment Group L.P., and State Street Corp. Company insiders that have bought Rattler Midstream stock in the last two years include Hof Matthew Kaes Van't, Matt Zmigrosky, Steven E West, and Travis D Stice. View insider buying and selling activity for Rattler Midstream.

Shares of RTLR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RTLR stock can currently be purchased for approximately $9.18.

Rattler Midstream has a market capitalization of $1.39 billion and generates $447.67 million in revenue each year. The company earns $94.80 million in net income (profit) each year or $0.64 on an earnings per share basis.

The official website for Rattler Midstream is www.rattlermidstream.com.

Rattler Midstream's mailing address is 500 WEST TEXAS AVENUE SUITE 1200, MIDLAND TX, 79701. The company can be reached via phone at 432-221-7400 or via email at [email protected]