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Rattler Midstream LP is currently in a long term uptrend where the price is trading 11.4% above its 200 day moving average.
From a valuation standpoint, the stock is 86.3% cheaper than other stocks from the Energy sector with a price to sales ratio of 1.1.
Rattler Midstream LP's total revenue sank by 12.8% to $109M since the same quarter in the previous year.
Its net income has dropped by 871.8% to $-96M since the same quarter in the previous year.
Finally, its free cash flow grew by 46674.7% to $41M since the same quarter in the previous year.
Based on the above factors, Rattler Midstream LP gets an overall score of 3/5.
| ISIN | US75419T1034 |
|---|---|
| Industry | Oil, Gas & Consumable Fuels |
| Sector | Energy |
| CurrencyCode | USD |
| Exchange | NASDAQ |
| Target Price | 16.67 |
|---|---|
| Beta | 2.82 |
| PE Ratio | 16.37 |
| Market Cap | 2B |
| Dividend Yield | 7.9% |
Rattler Midstream LP owns, operates, develops, and acquires midstream and energy-related infrastructure assets in the Midland and Delaware Basins of the Permian Basin. The company provides crude oil and water-related midstream services. As of December 31, 2021, it owned and operated 866 miles of crude oil, sourced water, and produced water gathering pipelines on acreage that overlays Diamondback Energy, Inc.'s core Midland and Delaware Basin development areas. 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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