Rattler Midstream Lp - Unit

Rattler Midstream Partners is an operator of a midstream oil and gas company. The company provides crude oil, natural gas, and water-related midstream services including generation, transportation, and distribution. Rattler Midstream Partners serves customers in the United States.

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MIDLAND, Texas, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release fourth quarter 2021 financial results on February 23, 2022 after the market closes.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Fourth Quarter 2021 Conference Call for February 24, 2022

Cash investments are nearly complete for all the joint ventures. Therefore, cash flow to invest has now become cash flow from joint venture distributions.

Rattler Midstream: Keep Your Eyes On The Joint Ventures

MIDLAND, Texas, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced the closing of the previously announced drop down transaction with Diamondback. Rattler, through its operating subsidiary, acquired certain water midstream assets from Diamondback for $160 million in cash, and Rattler and Diamondback amended commercial agreements covering the produced water gathering and disposal and sourced water gathering services between Rattler and Diamondback to add certain Diamondback leasehold acreage to the Rattler dedication. Rattler funded the transaction through cash on hand and borrowings under its revolving credit facility.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Closing of Drop Down Transaction

This midstream is likely to grow faster than the average midstream company in the future. The joint ventures have moved from cash needing to cash flow.

Rattler Midstream: Growth Paths Become More Apparent

Rattler Midstream LP (RTLR) CEO Travis Stice on Q3 2021 Results - Earnings Call Transcript

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -4.35% and -5.89%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Rattler Midstream (RTLR) Q3 Earnings and Revenues Miss Estimates

MIDLAND, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the third quarter ended September 30, 2021.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2021 Financial and Operating Results and Strategic Transactions

Rattler Midstream (NASDAQ:RTLR) is set to give its latest quarterly earnings report on Wednesday, 2021-11-03. Here's what investors need to know before the announcement.

A Preview Of Rattler Midstream's Earnings

Rattler Midstream (RTLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Rattler Midstream (RTLR) Earnings Expected to Grow: Should You Buy?

MIDLAND, Texas, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that Rattler Midstream Operating LLC entered into a definitive purchase agreement to acquire certain water midstream assets from subsidiaries of Diamondback for $160 million in cash in a drop down transaction. The assets subject to the drop down consist primarily of produced water gathering and disposal systems, produced water recycling facilities, and sourced water gathering and storage assets acquired by Diamondback through transactions with QEP Resources, Inc. and Guidon Operating LLC and certain of its affiliates in early 2021. Additionally, Rattler and Diamondback have mutually agreed to amend commercial agreements covering the produced water gathering and disposal and sourced water gathering services between Rattler and Diamondback to add certain Diamondback leasehold acreage to the Rattler dedication. Rattler intends to fund the transaction, expected to close in the fourth quarter of 2021, through cash on hand and borrowings under its revolving credit facility.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Drop Down Transaction

RTLR yields 7.7%, with a conservative 19.78% Free Cash Flow Payout Ratio. It has several new projects online in 2021, with capex quickly winding down, which will pump up its Free Cash Flow.

Rattler Midstream LP: 8% Yield, Outperforming, Strong Q2 Growth, No K-1

MIDLAND, Texas, Oct. 12, 2021 (GLOBE NEWSWIRE) -- On October 5, 2021 Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), and a private affiliate of an investment fund, completed an acquisition of a majority interest in a Midland Basin gas gathering and processing company from West Texas Gas, Inc. and its affiliates through a joint venture. Rattler invested approximately $104 million in cash to acquire a minority interest in the joint venture. The joint venture's assets primarily consist of an interconnected gas gathering system and six major gas processing plants servicing the Midland Basin with 925 MMcf/d of total processing capacity with additional gas gathering and processing expansions planned.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Announces Strategic Midland Basin Gas Gathering & Processing Joint Venture

MIDLAND, Texas, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release third quarter 2021 financial results on November 3, 2021 after the market closes.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Third Quarter 2021 Conference Call for November 4, 2021

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The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through buybacks.

Midstream Buybacks Gain Traction on Free Cash Flow Recovery

The distribution increased to $1 annual rate. Common Unit buybacks make less economic sense.

Rattler Midstream: Here Comes The Distribution Again

The small and relatively underfollowed Rattler Midstream has rewarded their unitholders with an impressive 25% increase to their already high-yielding distributions. After a rough first quarter of 2021, they saw very strong performance during the second quarter with their operating cash flow rebounding.

Rattler Midstream: Big Dividend Increase With Even More To Follow

Rattler Midstream LP (RTLR) CEO Travis Stice on Q2 2021 Results - Earnings Call Transcript

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -22.22% and -1.47%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Rattler Midstream (RTLR) Lags Q2 Earnings and Revenue Estimates

MIDLAND, Texas, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the second quarter ended June 30, 2021.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Reports Second Quarter 2021 Financial and Operating Results

MIDLAND, Texas, June 30, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2021 financial results on August 4, 2021 after the market closes.

Rattler Midstream LP, a Subsidiary of Diamondback Energy, Inc., Schedules Second Quarter 2021 Conference Call for August 5, 2021

The current price factors in the distribution safety. Diamondback will likely return to historically fast growth.

Rattler Midstream: Buy Good Management

When seeking a high-yielding investment, the process is fraught with dangers but the allure remains compelling. Rather comically, despite Rattler Midstream being named after a deadly snake, this is one high 7% distribution yield that will not bite investors.

Rattler Midstream: This High 7% Yield Won't Bite You

Rattler Midstream LP (RTLR) CEO Travis Stice on Q1 2021 Results - Earnings Call Transcript

Rattler Midstream (RTLR) delivered earnings and revenue surprises of -36.00% and 12.25%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Rattler Midstream (RTLR) Misses Q1 Earnings Estimates

MIDLAND, Texas, May 04, 2021 (GLOBE NEWSWIRE) -- Rattler Midstream LP (NASDAQ: RTLR) (“Rattler” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced financial and operating results for the first quarter ended March 31, 2021.

News for Rattler Midstream Lp - Unit Stock (RTLR)