Rattler Midstream Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rattler Midstream in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Rattler Midstream stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RTLR, but not buy additional shares or sell existing shares.
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3 brokerages have issued 12-month target prices for Rattler Midstream's stock. Their RTLR stock forecasts range from $11.00 to $16.00. On average, they anticipate Rattler Midstream's stock price to reach $14.00 in the next year. This suggests a possible upside of 2.6% from the stock's current price.
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Rattler Midstream's stock was trading at $11.38 at the start of the year. Since then, RTLR stock has increased by 19.9% and is now trading at $13.64.
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Rattler Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Rattler Midstream.

Rattler Midstream LP (NASDAQ:RTLR) issued its quarterly earnings data on Tuesday, May, 3rd. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.26 by $0.07. The firm had revenue of $103.46 million for the quarter, compared to the consensus estimate of $98.38 million. Rattler Midstream had a net margin of 9.65% and a trailing twelve-month return on equity of 2.98%.
View Rattler Midstream's earnings history.

Rattler Midstream declared a quarterly dividend on Thursday, May 5th. Shareholders of record on Friday, May 13th will be given a dividend of $0.30 per share on Friday, May 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.80%. The ex-dividend date is Thursday, May 12th.
View Rattler Midstream's dividend history.

Rattler Midstream(NASDAQ:RTLR) pays an annual dividend of $1.20 per share and currently has a dividend yield of 8.79%. RTLR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Rattler Midstream has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Rattler Midstream is 129.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Rattler Midstream will have a dividend payout ratio of 110.09% in the coming year. This indicates that Rattler Midstream may not be able to sustain their current dividend.
View Rattler Midstream's dividend history.

Some companies that are related to Rattler Midstream include DCP Midstream (DCP), DT Midstream (DTM), Kinetik (KNTK), Antero Midstream (AM), EnLink Midstream (ENLC), Equitrans Midstream (ETRN), USA Compression Partners (USAC), Archrock (AROC), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM), NGL Energy Partners (NGL) and Summit Midstream Partners (SMLP).
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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).

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RTLR stock can currently be purchased for approximately $13.64.

Rattler Midstream (NASDAQ:RTLR) has a market capitalization of $1.99 billion and generates $396.34 million in revenue each year. The company earns $36.78 million in net income (profit) each year or $0.93 on an earnings per share basis.

Rattler Midstream employs 2,020 workers across the globe.

Rattler Midstream's mailing address is 500 WEST TEXAS AVENUE SUITE 1200, MIDLAND TX, 79701. The official website for Rattler Midstream is www.rattlermidstream.com. The company can be reached via phone at (432) 221-7400, via email at [email protected], or via fax at 432-221-7498.