NASDAQ:RTLRRattler Midstream Stock Price, Forecast & News

Rattler Midstream's stock was trading at $5.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RTLR shares have increased by 72.2% and is now trading at $9.78. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rattler Midstream in the last year. There are currently 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Rattler Midstream.

Rattler Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Rattler Midstream.

Rattler Midstream will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

Rattler Midstream announced a quarterly dividend on Friday, May 8th. Investors of record on Monday, May 18th will be paid a dividend of $0.29 per share on Tuesday, May 26th. This represents a $1.16 dividend on an annualized basis and a yield of 11.86%. The ex-dividend date of this dividend is Friday, May 15th. View Rattler Midstream's dividend history.

11 analysts have issued 12-month price objectives for Rattler Midstream's stock. Their forecasts range from $5.00 to $22.00. On average, they expect Rattler Midstream's stock price to reach $11.38 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets for Rattler Midstream.

Media coverage about RTLR stock has been trending very negative recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Rattler Midstream earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Rattler Midstream.

Rattler Midstream saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 914,000 shares, a decrease of 56.7% from the May 31st total of 2,110,000 shares. Based on an average daily volume of 752,100 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.2% of the company's shares are sold short. 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), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), USA Compression Partners (USAC), 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 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.

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

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 $9.78.

Rattler Midstream has a market capitalization of $1.48 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]