NASDAQ:RTLR

Rattler Midstream Stock Forecast, Price & News

$11.72
+0.01 (+0.09 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$11.58
$11.75
50-Day Range
$10.35
$11.72
52-Week Range
$5.53
$11.96
Volume87,113 shs
Average Volume291,881 shs
Market Capitalization$1.74 billion
P/E Ratio19.86
Dividend Yield6.83%
Beta4.32
30 days | 90 days | 365 days | Advanced Chart
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Rattler Midstream logo

About Rattler Midstream

Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins of the Permian Basin in West Texas. The company operates in two segments, Midstream Services and Real Estate Operations. It provides crude oil, natural gas, and water-related midstream services. As of December 31, 2020, the company owned and operated 927 miles of crude oil, natural gas, sourced water and produced water gathering pipelines on acreage that overlays Diamondback's seven core Midland and Delaware Basin development areas. It also rents real estate properties. 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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MarketRank

Overall MarketRank

2.18 out of 5 stars

Oils/Energy Sector

23rd out of 686 stocks

Natural Gas Transmission Industry

3rd out of 36 stocks

Analyst Opinion: 3.3Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
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Rattler Midstream (NASDAQ:RTLR) Frequently Asked Questions

Is Rattler Midstream a buy right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rattler Midstream in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Rattler Midstream stock.
View analyst ratings for Rattler Midstream
or view top-rated stocks.

What stocks does MarketBeat like better than Rattler Midstream?

Wall Street analysts have given Rattler Midstream a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Rattler Midstream wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Rattler Midstream?

Rattler Midstream saw a increase in short interest during the month of May. As of May 28th, there was short interest totaling 545,000 shares, an increase of 193.3% from the May 13th total of 185,800 shares. Based on an average daily trading volume, of 230,500 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.4% of the company's shares are sold short.
View Rattler Midstream's Short Interest
.

When is Rattler Midstream's next earnings date?

Rattler Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Rattler Midstream
.

How were Rattler Midstream's earnings last quarter?

Rattler Midstream LP (NASDAQ:RTLR) announced its earnings results on Tuesday, May, 4th. The company reported $0.16 EPS for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.09. The business had revenue of $98.81 million for the quarter, compared to the consensus estimate of $88.03 million. Rattler Midstream had a net margin of 7.04% and a trailing twelve-month return on equity of 2.83%.
View Rattler Midstream's earnings history
.

How has Rattler Midstream's stock price been impacted by COVID-19 (Coronavirus)?

Rattler Midstream's stock was trading at $5.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RTLR shares have increased by 106.3% and is now trading at $11.72.
View which stocks have been most impacted by COVID-19
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How often does Rattler Midstream pay dividends? What is the dividend yield for Rattler Midstream?

Rattler Midstream announced a quarterly dividend on Thursday, May 6th. Stockholders of record on Friday, May 14th will be paid a dividend of $0.20 per share on Friday, May 21st. This represents a $0.80 annualized dividend and a dividend yield of 6.83%. The ex-dividend date is Thursday, May 13th.
View Rattler Midstream's dividend history
.

Is Rattler Midstream a good dividend stock?

Rattler Midstream pays an annual dividend of $0.80 per share and currently has a dividend yield of 6.83%. RTLR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Rattler Midstream is 96.39%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Rattler Midstream will have a dividend payout ratio of 68.38% next year. This indicates that Rattler Midstream will be able to sustain or increase its dividend.
View Rattler Midstream's dividend history.

What price target have analysts set for RTLR?

10 brokers have issued 1 year price objectives for Rattler Midstream's shares. Their forecasts range from $7.00 to $100.00. On average, they anticipate Rattler Midstream's share price to reach $20.78 in the next twelve months. This suggests a possible upside of 77.3% from the stock's current price.
View analysts' price targets for Rattler Midstream
or view top-rated stocks among Wall Street analysts.

Who are Rattler Midstream's key executives?

Rattler Midstream's management team includes the following people:
  • Mr. Travis D. Stice, CEO & Director of Rattler Midstream GP LLC (Age 59)
  • Mr. Matthew Kaes Van't Hof, Pres & Director of Rattler Midstream GP LLC (Age 34)
  • Ms. Teresa L. Dick, CFO, Exec. VP & Assistant Sec. of Rattler Midstream GP LLC (Age 51)
  • Mr. Adam T. Lawlis, VP of Investor Relations
  • Mr. P. Matt Zmigrosky, Exec. VP, Gen. Counsel & Sec. of Rattler Midstream GP LLC (Age 42)

Who are some of Rattler Midstream's key competitors?

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?

(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.

What is Rattler Midstream's stock symbol?

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

Who are Rattler Midstream's major shareholders?

Rattler Midstream's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Clearbridge Investments LLC (2.15%), Kayne Anderson Capital Advisors LP (1.41%), JPMorgan Chase & Co. (1.37%), Waddell & Reed Financial Inc. (1.35%), Cushing Asset Management LP (1.08%) and Goldman Sachs Group Inc. (1.03%). Company insiders that own Rattler Midstream stock include Hof Matthew Kaes Van't and Travis D Stice.
View institutional ownership trends for Rattler Midstream
.

Which major investors are selling Rattler Midstream stock?

RTLR stock was sold by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, JPMorgan Chase & Co., Duff & Phelps Investment Management Co., Kayne Anderson Capital Advisors LP, Waddell & Reed Financial Inc., Botty Investors LLC, Brookfield Asset Management Inc., and Blackstone Group Inc..
View insider buying and selling activity for Rattler Midstream
or view top insider-selling stocks.

Which major investors are buying Rattler Midstream stock?

RTLR stock was purchased by a variety of institutional investors in the last quarter, including Cushing Asset Management LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Renaissance Technologies LLC, Millennium Management LLC, Morgan Stanley, Great Valley Advisor Group Inc., Sei Investments Co., and Arrowstreet Capital Limited Partnership. Company insiders that have bought Rattler Midstream stock in the last two years include Hof Matthew Kaes Van't, and Travis D Stice.
View insider buying and selling activity for Rattler Midstream
or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Rattler Midstream's stock price today?

One share of RTLR stock can currently be purchased for approximately $11.72.

How much money does Rattler Midstream make?

Rattler Midstream has a market capitalization of $1.74 billion and generates $423.90 million in revenue each year. The company earns $34.69 million in net income (profit) each year or $0.83 on an earnings per share basis.

What is Rattler Midstream's official website?

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

Where are Rattler Midstream's headquarters?

Rattler Midstream is headquartered at 500 WEST TEXAS AVENUE SUITE 1200, MIDLAND TX, 79701.

How can I contact Rattler Midstream?

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]om.


This page was last updated on 6/12/2021 by MarketBeat.com Staff
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